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Informist, Monday, Aug. 24, 2026

 

--Great Eastern Shipping board to mull buyback of shares on Thursday 

 

NEW DELHI – Great Eastern Shipping Co. Ltd. Monday said it will consider a proposal to buy back its fully paid-up equity shares at its board meeting Thursday in accordance with the regulations of the Securities and Exchange Board of India. The trading window for transacting in securities of the company would remain closed from Tuesday till Saturday pursuant to the company's code of conduct for prohibition of insider trading, the company said in an exchange filing. 

 

The outcome of the board meeting will be communicated to the stock exchanges soon after the conclusion of the meeting Thursday, as per the exchange filing. 

 

GE Shipping reported a consolidated net profit of INR 13.09 billion on revenues of INR 20.05 billion for the June quarter. Monday, its shares ended at INR 1,333 apiece on the National Stock Exchange, up nearly 1.7% from Friday. End

 

Reported by Pratyush Kumar

Edited by Himanshi Gupta

 

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