GE Shipping sells 2002-built VLGC Jag Vishnu to a third party

Strategic Transactions View source PDF Explain this filing

GESHIP · price

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Price reactionminutes from the announcement price · days from the prior close

+0.4%Reaction day

₹1096.00

prior close

₹1099.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.5%+0.9% vs market

Shipping peers, median of 8sector-0.2%+0.6% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Smallcap 250 and 0.6 pts more than its Shipping peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4-0.5+0.9-0.2+0.6

Next day

+0.6-0.7+1.3+0.7-0.1

+3.2+0.4+2.7+1.7+1.5

+1.7+0.3+1.4+0.1+1.6

+1.9+1.1+0.8-0.2+2.0

+2.8+1.4+1.4+0.9+1.9

+0.9+1.2-0.4-1.8+2.7

15d

-1.1-6.1+5.0-12.1+11.0

+7.9-5.9+13.9-12.8+20.7

+20.7-6.2+26.9-8.8+29.5

+29.2-14.0+43.2-16.1+45.2

UpDownMarket · Nifty Smallcap 250Sector · Shipping peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

GE Shipping has contracted to sell its 2002-built Very Large Gas Carrier Jag Vishnu of about 77,922 cbm to an unaffiliated third party. The vessel will be delivered to the buyer in Q4 FY26. Post sale, the fleet will stand at 39 vessels (25 Tankers and 14 Dry Bulk Carriers), aggregating 3.17 Mn dwt. The company also has pending Q4 FY26 deals to buy one secondhand VLGC, one secondhand Ultramax bulk carrier, and sell one Kamsarmax vessel Jag Aarati.

Likely market impact

Routine fleet renewal via sale of an older vessel; frees up capital and supports fleet modernisation without changing business focus.