GESHIPNSEThe Great Eastern Shipping Company Limited· ShippingLowNeutral
Announced Fri, 9 May · 18:26 IST

The Great Eastern Shipping Company Limited has informed the Exchange regarding ' we wish to inform you that the Board of Directors at its meeting held on May 09, 2025 has amended the 'Code of practices and procedures for fair disclosure of Unpublished Price Sensitive Information' ('Fair Disclosure Code').'.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Great Eastern Shipping, at a meeting held on May 9, 2025, amended the company's 'Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information' (Fair Disclosure Code). This amendment is being made pursuant to Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The definition of Unpublished Price Sensitive Information (UPSI) has been updated, and 'General Manager – MD's Office' has been added as an authorised officer for communicating with analysts, investors and stakeholders. The amended code has been uploaded to the company's website www.greatship.com. This is the fourth revision of the policy, with prior amendments made in May 2015, February 2019, and January 2025.

Likely market impact

This is a routine regulatory compliance update with no material impact on the company's business, financials, or stock price. It strengthens the company's framework for fair and uniform disclosure of price-sensitive information to all stakeholders.