BSECompany Update2d ago · 3 Sept 2026, 04:02 pm

Commencement of Buyback

Great Eastern Shipping Company Ltd · 500620

✦ AI SummaryBuyback

Great Eastern Shipping Company Ltd announces commencement of buyback of its equity shares, with a maximum buyback size of ₹ 900,00,00,000 and a maximum buyback price of ₹ 1,530 per share, to be completed through the open market route.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Great Eastern Shipping Company Ltd - 500620 - Corporate Action-Intimation of Buy back

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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