ALPHA TRIBE

The Great Eastern Shipping Company LimitedImportant, 31-07-2025: Agreements

31-07-2025 | 06:31 pm

The Board approved the financial results for the quarter and declared an interim dividend of Rs. 7.20 per share. The company also approved an unsecured term loan of up to Rs. 425 Cr to Greatship (India) Limited (GIL), its wholly-owned subsidiary. This loan, at 7.50% annual interest over 2.5 years, enables GIL to prepay its USD 70.9 Mn external debt, a move expected to generate substantial group-level savings.

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