NSEBuyback1d ago · 3 Sept 2026, 04:08 pm
Buyback
The Great Eastern Shipping Company Limited · GESHIP
✦ AI SummaryBuyback
The Great Eastern Shipping Company Limited has informed the Exchange about the commencement of its buyback program, which will start on September 04, 2026, and will involve the purchase of up to ₹ 900,00,00,000 worth of its own equity shares at a maximum price of ₹ 1,530 per share.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
The Great Eastern Shipping Company Limited has informed the Exchange about Commencement of Buyback on September 04, 2026
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GESHIP_03092026160700_commencementofbuyback.pdf
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September 03, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th floor,
Dalal Street, Plot No. – C/1, G Block,
MUMBAI – 400 001 Bandra-Kurla Complex, Bandra (E)
Scrip Code : 500620 MUMBAI – 400 051
NSE Symbol : GESHIP
Dear Sir/Madam,
Sub: Commencement of the Buyback of The Great Eastern Shipping Company Limited (“Company”)
This is in furtherance of our letter dated August 27, 2026, disclosing the outcome of the meeting of the board of
directors (“Board”) of the Company, approving a proposal for the Company to buyback (“Buyback”) its own fully
paid-up equity shares of a face value of ₹ 10/- each (“Equity Shares”), for an amount not exceeding
₹ 900,00,00,000 (Rupees Nine Hundred Crores only) ("Maximum Buy Back Size") for a price not exceeding
₹ 1,530/- (Rupees One Thousand Five Hundred and Thirty only) per Equity Share ("Maximum Buy Back Price")
from the shareholders of the Company (other than the promoters and shareholders belonging to the promoter
group of the Company) payable in cash, through the “open market” route, using mechanism for acquisition of
shares through stock exchange, in accordance with the provisions of Securities and Exchange Board of India
(Buy-Back of Securities) Regulations, 2018 (as amended) ("SEBI Buyback Regulations”) and the Companies
Act, 2013, as amended (including the rules and regulations framed thereunder). The Company had released a
public announcement dated August 29, 2026 (“Public Announcement”) which was published on August 31,
2026, in relation to the Buyback.
In this regard, we wish to inform you that, September 04, 2026, has been fixed as the date of opening of the
Buyback. Accordingly, the Company will commence the Buyback of shares from the said date.
Yours sincerely,
For The Great Eastern Shipping Company Limited
Anand Punde
Company Secretary
Email ID: anand_punde@greatship.com
www.greatship.com