The Great Eastern Shipping Company Limited has informed the Exchange that Record date for the purpose of Dividend is 15-May-2025.
GESHIP · price
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The Board of Great Eastern Shipping approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with statutory auditor Deloitte Haskins & Sells LLP issuing an unmodified (clean) opinion. An interim dividend of Rs. 5.40 per equity share was declared, with the record date set as May 15, 2025 and payment to be made on or after June 3, 2025. The Board also recommended the re-appointment of Mr. Shivshankar Menon as Independent Director and re-appointed Mr. Bharat K. Sheth as Deputy Chairman & Managing Director and Mr. G. Shivakumar as Executive Director, each for a 5-year term, subject to shareholder approval. Additionally, M/s Mehta & Mehta was recommended as Secretarial Auditors for a 5-year term starting FY 2025-26.
Shareholders holding shares as of May 15, 2025 will be eligible for the Rs. 5.40 per share interim dividend, providing a direct cash return. The clean audit opinion and continuity in leadership reinforce governance stability, which is generally viewed positively by investors.