The Great Eastern Shipping Company Limited has informed the Exchange regarding Change in Auditors of the company.
GESHIP · price
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Awaiting price reaction for this filing.
At the AGM held on August 01, 2025, shareholders approved the re-appointment of Mr. Ravi K. Sheth (Non-Executive Director, retiring by rotation) and Mr. Shivshankar Menon as Independent Director for a second 5-year term starting August 02, 2025. Mr. Bharat K. Sheth was re-appointed as Managing Director for 5 years effective April 01, 2026, and Mr. G. Shivakumar (also the CFO) was re-appointed as Executive Director for 5 years effective November 14, 2025. M/s. Mehta & Mehta, a 25-year-old firm of Company Secretaries, was newly appointed as Secretarial Auditor for 5 financial years from April 01, 2025. None of the directors are debarred by SEBI. The Sheth promoter family (Chairman K. M. Sheth and sons Ravi and Bharat) retains key positions on the board.
This is a routine AGM governance filing with no resignations or red flags. Continuity of the promoter family in leadership and the re-appointment of the CFO should provide stability, while the new secretarial auditor adds a fresh compliance check. No material impact on stock price is expected.