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The origin of GRSE dates back to 1884. Initially the company was engaged in the business of operating shipbuilding and repair workshops as an unincorporated entity. It was incorporated as “Garden Reach Workshops Limited” on February 26, 1934 under the Companies Act, 1913 with the Registrar of Companies, Calcutta. It was named “Garden Reach Workshops Private Limited” on November 5, 1957. The organization was nationalised in 1960 and was soon brought under the fold of Ministry of Defence. Since then the share capital of the company is wholly owned by the President of India along with its nominees from time to time.

Following the government acquisition the company name was changed to “Garden Reach Workshops Limited” on November 30, 1961. The name was again changed to “Garden Reach Shipbuilders & Engineers Limited” on December 31, 1976, following the certificate of incorporation issued by the Registrar of Companies, West Bengal. In a major development in the history of the company, GRSE became a public company after a special resolution of the shareholders at an Annual General Meeting held on August 25, 2017.

Registered and Corporate Office

Garden Reach Shipbuilders & Engineers Limited
43/46, Garden Reach Road
Kolkata – 700 024
West Bengal, India
Tel: +91-33- 24698100-8113
Fax: +91-33-24698150
Email Id: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.grse.in
Corporate Identity Number: U35111WB1934GOI007891
Registration Number: 007891  

Address of the Registrar of Companies

Our Company is registered with the RoC, West Bengal situated at Nizam Palace, 2nd MSO Building, 2nd floor, 234/4, A.J.C.B. Road, Kolkata – 700 020, West Bengal, India.
 

HISTORY AND CERTAIN CORPORATE MATTERS

Brief History of the Company

The origin of GRSE dates back to 1884. Initially the company was engaged in the business of operating shipbuilding and repair workshops as an unincorporated entity. It was incorporated as “Garden Reach Workshops Limited” on February 26, 1934 under the Companies Act, 1913 with the Registrar of Companies, Calcutta vide certificate of incorporation No. 7891 under the applicable provisions of the Companies Act, 1913.

The word ‘Private’ was added to the name of our company on November 5, 1957 and it came to be known as “Garden Reach Workshops Private Limited” as a fresh certificate of incorporation was issued by the Registrar of Companies, West Bengal following the shareholders resolution passed in the general meeting of July 12, 1957.

The organization was nationalised in 1960 and was soon brought under the fold of Ministry of Defence. Since then the share capital of the company is wholly owned by the President of India along with its nominees from time to time.

The word ‘Private’ was deleted from the name of the company by the Registrar of Companies, West Bengal on November 30, 1961 following the shareholders resolution passed in the general meeting held on March 28, 1961 and the name of the company became “Garden Reach Workshops Limited” and its status was changed from ‘private limited company’ to ‘deemed public limited company’ under the provision of Section 43(1A) of the Companies Act, 1956 on January 8, 1976.

The name of the Company was again changed from “Garden Reach Workshops Limited” to “Garden Reach Shipbuilders & Engineers Limited”, as mentioned in the fresh certificate of incorporation issued on December 31, 1976 following the shareholders resolution passed in the general meeting of December 18, 1976. GRSE was converted into a public limited company after the shareholders resolution was passed in the Annual General Meeting held on August 25, 2017 and a fresh certificate of incorporation was issued by the Registrar of Companies, West Bengal on November 17, 2017. The Company today, is registered as a government company (public company) as “Garden Reach Shipbuilders & Engineers Limited” under CIN U35111WB1934GOI007891.

Changes in the Registered Office

The registered office of our company was changed from 2, Fairlie Place, Calcutta, West Bengal to its present location at 43/46 Garden Reach Road, Kolkata – 700 024, West Bengal on April 1, 1961 following the shareholders resolution passed in the extra-ordinary general meeting held on March 28, 1961. This was done after the takeover of the company by the GoI which resulted change in GRSE management.

Other Units

Apart from the registered office of our company which is the Main Unit, GRSE has certain other units and offices, the details of which are referred to in the section titled “Our Facilities” on page 150 of the chapter - Our Business.

Main Objects Of The Company

The main objects contained in the Memorandum of Association of our Company include:

  1. “To Acquire undertaking etc. To acquire and take over as a going concern the business carried on at Calcutta and elsewhere of the Garden Reach Shipbuilders & Engineers and all or any of the assets and liabilities of the proprietors thereof in connection therewith, and with a view to enter into the agreement referred to in Article 3 of our Company’s Articles of Association and to carry the same into effect, with or without modification.”
  2. “Dock Owners etc. To carry on all or any of the business or proprietors of docks, wharves, jetties, piers, workshops and warehouses and of ship-owners, shipbuilders, ship- wrights, engineers, dredgers, tug and barge owners, lightermen, wharfingers, warehousemen, ship-breakers, ship-repairers, freight contractors, carriers by land sea and air, forwarding agents and general trades.”
  3. “Colliery Proprietors. To carry on the trades or business of colliery proprietors, coal dealers, coke manufacturers, oil refiners, miners, smelters, engineers, lime burners and manufactures and cement manufactures, in all their respective branches.”
  4. “Minerals. To search for, get, work, make merchantable, buy, sell and deal in oil, coal, coke, ironstone, limestone, lime, brick-earth, bricks, pipes, tiles, fireclay, fire-bricks and other metals, minerals and substances, and to manufacture and sell patent fuel.”
  5. “Electric Engineers and Contractors. To carry on the business of electric engineers, and contractors, suppliers of electricity, electric manufacturers of, and dealers in, railway, tramway, electric, magnetic, galvanic and other apparatus, mechanical engineers, suppliers of light, heat, sound and power, and to acquire any inventions, etc. and to construct railways and tramways, and work the same by steam, gas, oil, electricity, or other power.”
  6. “Mechanical Engineers etc. To carry on the business of iron founders, mechanical engineers and manufacturers of agricultural implements and other machinery, tool makers, brass-founders, metal workers, boiler-makers, mill-wrights, machinists, iron and steel converters, smiths, wood-workers, builders, painters, metallurgists, electrical engineers, water supply engineers, gas makers, farmers, painters, carriers and merchants, and to buy, sell, manufacture, repair, convert, alter, let or hire, and deal in machinery, implements, rolling-stock, and hardware of all kinds, and to carry on any other business (manufacturing or otherwise) which may seem to be Company capable of being conveniently carried or in connection with the above, or otherwise calculated, directly or indirectly, to enhance the value of any of our Company’s property and rights for the time being.”

The existing and proposed activities of our company are and shall be within the scope of the objects clause of the Memorandum of Association.

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Last Reviewed and Updated on 17 June 2019

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