Great Eastern Shipping announces INR 900 Crore buyback at up to INR 1,530 per share

Buyback Premium Above 10pctCorporate Actions View source PDF Explain this filing

GESHIP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+2.1%Reaction day

₹1301.40

prior close

₹1304.80

announcement price

After-mkt

timing

Nifty Smallcap 250market-0.0%+2.2% vs market

Shipping peers, median of 9sector-0.6%+2.7% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Smallcap 250 and 2.7 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

+1.5

10m

+1.9

15m

+2.1

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.1-0.0+2.2-0.6+2.7

Next day

+0.4-0.6+1.0-0.0+0.4

+4.1+0.4+3.7+2.0+2.1

+5.0+0.6+4.4+2.4+2.6

+5.4+0.6+4.8+4.3+1.2

+6.4+0.8+5.6+0.3+6.1

+8.0+0.3+7.6-2.0+10.0

15d

+14.0+0.2+13.8-1.2+15.2

+17.6-4.3+21.8-5.9+23.4

—————

UpDownMarket · Nifty Smallcap 250Sector · Shipping peers, median of 9Pending

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

AI summary

Great Eastern Shipping (GESHIP) announced an open market buyback of up to INR 900 crores at a max price of INR 1,530 per share, Board-approved on Aug 27, 2026. The price offers about 10% premium on NSE one-month VWAMP and about 17% on two-week VWAMP. Up to 58.82 lakh shares (4.12% of paid-up capital) may be bought back. Promoters will not participate. Minimum INR 675 crores to be deployed.

Likely market impact

Positive signal for shareholders. Open market route lets eligible holders sell up to INR 1,530 per share. May support stock price near term.