The Great Eastern Shipping Company Limited — Dividend/Bonus, 31-08-2026: Buyback

GESHIP is launching a share buyback via open market, approved at its board meeting on August 27, 2026. The company plans to repurchase shares worth up to ₹900 Cr at a maximum price of ₹1,530/share. This move aims to boost EPS and book value for remaining shareholders. 🚀

The buyback offer is set to open on or before September 4, 2026, and can run for up to 66 working days, or until the maximum limit is reached. Important: Promoters will not participate in the buyback. Funding for this initiative will come from internal accruals, not new borrowings.