Major Achievement for GRSE as PS Zoroaster Prepares to Return for Second Refit

In recognition of the shipyard's competency and adherence to schedules, the 2nd refit of Seychelles Coast Guard Ship PS Zoroaster was awarded to Garden Reach Shipbuilders and Engineers (GRSE) Ltd on Friday, February 06, 2026, by the Ministry of External Affairs (MEA), Government of India.

The contract was signed by Shri Prasanna Shrivastava, Joint Secretary (IOR), MEA, Government of India, and Cdr Harish Kumar, IN (Retd), General Manager, on behalf of GRSE, Kolkata. The refit of the ship is to commence in early March 2026 and is scheduled to be completed in three months.

The PS Zoroaster was built by GRSE and handed over to the Seychelles Coast Guard by Prime Minister Narendra Modi on April 8, 2021. The ship's maiden short refit was carried out by GRSE in 2024.

The return of PS Zoroaster to India and GRSE is in keeping with India's Security and Growth for All in the Region (SAGAR) vision. Undertaking a second refit of the warship will help to strengthen collaborative efforts between India and the Seychelles towards enhancing regional stability and security.

Shares of Garden Reach Shipbuilders & Engineers Limited was last trading in BSE at Rs. 2401.55 as compared to the previous close of Rs. 2439.70. The total number of shares traded during the day was 98237 in over 6510 trades.

The stock hit an intraday high of Rs. 2455.90 and intraday low of 2386.60. The net turnover during the day was Rs. 237534466.00.

Source : Equity Bulls

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GardenReachShipbuildersandEngineers INE382Z01011 GRSE CommercialVehicles PSZoroaster SecondRefit OrderWin