Great Eastern Shipping Buyback of ā¹900 crores approved by the board of directors at the meeting was held on August 27, 2026. Great Eastern Shipping Buyback will be done via the Tender Offer route through the stock exchange mechanism. The board of directors of the company approved the buyback by the Company of its fully paid-up equity shares having a face value of ā¹10 each equity share at a price of ā¹1530 per Equity Share and for an aggregate amount not exceeding ā¹900 crores from the shareholders. Check out Great Eastern Shipping Buyback 2026 details below:
Great Eastern Shipping Buyback About Us
Founded in August 1948, The Great Eastern Shipping is a shipping and Oilfield services firm in India that has an international presence in shipping for more than 60 years. Initially, the company started its business by providing shipping services and later expanded into sea logistics, non-scheduled shipping, and offshore oilfield services.
Through its shipping solutions, the firm is mainly involved in the transportation of crude oil, petroleum products, gas, and dry bulk commodities via Tankers and dry bulk carriers. Its clients include international oil companies, government entities, and marquee customers with a presence in the global marine industry.
Great Eastern Shipping Buyback History
- N/A
Great Eastern Shipping Buyback 2026 Dates
| Buyback Meeting Date: | August 27, 2026 |
| Buyback Announcement Date: | August 27, 2026 |
| Buyback Record Date: | 2026 |
| Last Date to Buy Shares: | 2026 |
| Buyback Open Date: | September 4, 2026 |
| Buyback Close Date: | December 11, 2026 |
| Finalization of Buyback Acceptance: | 2026 |
Great Eastern Shipping Buyback 2026 Offer Details
Great Eastern Shipping Buyback of 58,82,352 equity shares at a price of ā¹1530 per equity share. The buyback offers not to exceed ā¹900 crores of the total buyback offer size.
| Offer Amount: | ā¹900 Crores |
| Number of Shares: | 58,82,352 Equity Shares |
| Face Value: | ā¹10 per equity share |
| Buyback Price: | ā¹1530 per equity share |
| Listing: | BSE, NSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
Great Eastern Shipping Buyback 2026 Acceptance Ratio
The investor should buy around 131 shares at a current market price of ā¹1355 (as of September 3). The calculation will be ā¹2,00,000 / ā¹1530 buyback price = 131 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ā¹1,77,505 | 43 | ā¹7,565 |
| 50% | ā¹1,77,505 | 66 | ā¹11,463 |
| 75% | ā¹1,77,505 | 98 | ā¹17,194 |
| ā¹20% | ā¹1,77,505 | 131 | ā¹22,925 |
Great Eastern Shipping Financial Report
| ā¹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2024 | ā¹5,918.70 | ā¹3,224.32 | ā¹2,614.18 |
| 2025 | ā¹6,156.88 | ā¹3,695.19 | ā¹2,344.26 |
| 2026 | ā¹6,312.42 | ā¹3,286.63 | ā¹2,942.52 |
How to Participate in Great Eastern Shipping Buyback 2026
The investors, who have Great Eastern Shipping Buyback shares in their Demat Account as of the Record Date, are eligible for the buyback scheme. Eligible Shareholders can participate in the Great Eastern Shipping Buyback 2026 scheme as per the opening form by selling their shares. The payment will be given as per the Great Eastern Shipping Buyback accepted shares by the company under the Great Eastern Shipping Buyback scheme.
Great Eastern Shipping Buyback 2026 Registrar
Kfin Technologies Ltd.
Phone: 040-79615565
Email: [email protected]
Website: https://ipostatus.kfintech.com/
Great Eastern Shipping Buyback 2026 Lead Managers
- Kotak Mahindra Capital Co.Ltd.
Great Eastern Shipping Company Address
Great Eastern Shipping Co.Ltd.
Ocean House, 134/A
Dr Annie Besant Road
Worli
Mumbai, Maharashtra, 400018
Phone: +91 22 66613000
Email: [email protected]
Website: https://www.greatship.com/
