The Great Eastern Shipping Company Limited has informed the Exchange regarding Change in Director(s) of the company.
GESHIP · price
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The board of The Great Eastern Shipping Company (GESHIP) approved audited financial results (standalone and consolidated) for Q4 and FY ended March 31, 2025, with Deloitte Haskins & Sells LLP issuing an unmodified (clean) audit opinion. An interim dividend of Rs. 5.40 per equity share was declared, with a record date of May 15, 2025 and payment on or after June 3, 2025. The board recommended re-appointment of Mr. Shivshankar Menon as Independent Director for a second term starting August 2, 2025. Mr. Bharat K. Sheth was re-appointed as Deputy Chairman & Managing Director for 5 years from April 1, 2026, and Mr. G. Shivakumar was re-appointed as Executive Director for 5 years from November 14, 2025, both subject to shareholder approval. M/s Mehta & Mehta was also recommended as Secretarial Auditors for 5 years from FY 2025-26.
A clean audit opinion, steady interim dividend of Rs. 5.40/share, and continuity in leadership with re-appointments of the MD and Executive Director signal stability for shareholders. Investors eligible on the May 15 record date will receive the dividend from June 3 onwards; the re-appointments need shareholder approval at the upcoming AGM.