GESHIPNSEThe Great Eastern Shipping Company Limited· ShippingLowNeutral
Announced Mon, 13 Apr · 15:11 IST

Kanaiyalal M. Sheth has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Ownership Changes View source PDF

GESHIP · price

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

Price reaction · full curve 14 horizons · vs prior close
+1.6%1-day move
₹1378.00
prior close
₹1334.80
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.1+0.0+1.6+0.3+3.2+3.6+4.9+2.9+14.3+9.2+0.5+2.0
Up moveDown movePending
AI summary

Kanaiyalal M. Sheth, a promoter of The Great Eastern Shipping Company Limited, has submitted a negative declaration to the exchanges confirming that neither the promoters nor persons acting in concert have created any encumbrance (pledge) on the equity shares during Financial Year 2025-2026. The disclosure further states that currently there is no encumbrance on the shares held by the promoter group. This is a routine compliance filing under SEBI Takeover Regulations requiring promoters to disclose share pledges.

Likely market impact

Neutral for shareholders. The disclosure confirms no promoter share pledges exist, which is a positive sign regarding promoter holdings and potential margin calls that could affect stock supply.