Great Eastern Shipping Buyback 2022 announced on 30 Dec 2021. The Great Eastern Shipping buyback to start from 07 Jan 2022 to 06 July 2022. The Company will do Buyback with equity of N/A Equity Shares around N/A% of Face Value ₹10/ Each Fully paid off at a Price Of Rs. ₹333/- Per Equity. The size of this Buyback is about ₹225 Crores. And this will be done through a Buyback Open Market.
G E Shipping is India’s largest private sector shipping service provider enjoying a formidable presence in the international maritime industry. The shipping business operates under two main businesses: dry bulk carriers and tankers. Backed by an enviable clientele comprising industry leaders, international oil companies and governments who vouch for its services, the division has earned the status of being the most preferred shipping service provider. With a pulse on the global market and a thorough understanding of the ever-evolving market needs, the division is well-equipped to anticipate the demands of its clients and to deliver on its commitments, successfully and satisfactorily.
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Great Eastern Shipping Buyback 2022 Offer Details:
| Event Name | Details |
| Buyback Type | Open Market |
| Buyback Record Date | Open Market |
| Buyback Offer Amount | ₹225 Cr |
| Date of Board Meeting approving the proposal | 30 Dec 2021 |
| Date of Public Announcement | 30 Dec 2021 |
| Buyback Offer Size | N/A |
| Buyback Number of Shares | N/A |
| Price Type | Open market |
| Face Value | ₹10/- Rs. |
| Buyback Price | ₹333/- per share. |
Great Eastern Shipping Buyback 2022 Important Dates
We have covered all important dates related to “Great Eastern Shipping Buyback 2022” Buyback Activity Dates are updated as they are announced.
| Buyback Activity | Dates |
| Board Meeting for Buyback proposal | 30 Dec 2021 |
| Buyback Approval date | 30 Dec 2021 |
| Public Announcement Date | 30 Dec 2021 |
| Buyback Record Date | Not Declare |
| Buyback Opening Date | 07 Jan 2022 |
| Buyback Closing Date | 06 Jul 2022 |
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Buyback Public Announcement Link :
Registrar of The Buyback :
Kfin Technologies Pvt. Limited
Selenium Tower B, Plot Nos 31- 32,
Financial District, Nanakramguda,
Serilingampally Mandal,
Hyderabad 500 032, India
Contact Person: Mr. Anil Dalvi
Phone: +91-40-6716 1631
Fax: +91-40-2342 0814
Email: [email protected]
Manager of The Buyback :
Kotak Mahindra Capital Company Ltd
27BKC, 1st Floor, Plot no. C-27, “G” Block, Bandra
Kurla Complex, Bandra (East), Mumbai 400 051
Contact Person: Mr. Ganesh Rane
Phone: +91-22-4336 0128
Fax: +91-22-6713 2447
Email: [email protected]
Company Address :
Great Eastern Shipping Company Limited
Ocean House,
134/A, Dr Annie Besant Road,
Worli, Mumbai· 400018
Phone: +91 22 66613000
Email: [email protected]
Website: https://www.greatship.com/
How to Participate in Great Eastern Shipping Ltd buyback?
The Investors are eligible for the buyback scheme who have Great Eastern Shipping shares in their Demat account as the Record date is Not Declare as the offer is Open Market. Investors can participate in the Great Eastern Shipping Buyback 2021 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the Great Eastern Shipping buyback scheme.
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Great Eastern Shipping Buyback 2022 FAQs:
When is Great Eastern Shipping Buyback Announcement Date?
Great Eastern Shipping buyback 2022 announcement date is 30 Dec 2021.
When is Great Eastern Shipping Buyback Open Date?
Great Eastern Shipping buyback Open date is 07 Jan 2022.
When is Great Eastern Shipping Buyback Close Date?
Great Eastern Shipping buyback Close date is 06 Jul 2022.
When is Great Eastern Shipping Buyback Record Date?
Great Eastern Shipping buyback 2022 Record date is Not Declare as the offer is Open market.
What is Great Eastern Shipping Buyback Price?
Great Eastern Shipping company has fixed the price at ₹333 per share.
What is Great Eastern Shipping Buyback Offer Size?
Great Eastern Shipping company Buyback Offer Size is ₹225 Cr.
How to apply for Great Eastern Shipping Buyback 2022?
As per the record date you need to have Great Eastern Shipping shares in your Demat account. You can participate in buyback after having the stock in your account.
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