Corporate Action13 Oct 2026, 06:30 pm
Great Eastern Shipping Extinguishes 18.58 Lakh Shares Post Buyback
AI Summary
Great Eastern Shipping Company Ltd has extinguished 18,58,941 equity shares, representing a reduction in its equity share capital. These shares were bought back from the open market during September 2026. The buyback and extinguishment comply with SEBI (Buy-Back of Securities) Regulations, 2018. Following the extinguishment, the company's paid-up equity share capital has reduced to ₹1,40,90,82,200 from ₹1,42,76,71,610. Supporting documents, including a certificate of compliance and debit confirmation from NSDL, have been provided.
Key Highlights
- 18,58,941 equity shares extinguished post buyback.
- Equity share capital reduced by ₹1,85,89,410.
- Buyback and extinguishment comply with SEBI regulations.
- Reconciliation of share capital provided.
- Confirmation from NSDL received for extinguishment.
Price Impact
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