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Great Eastern Shipping Co. Ltd. ( (IN:GESHIP) ) has provided an update.
The Great Eastern Shipping Company Limited has announced the opening of a special one-year window, mandated by the Securities and Exchange Board of India, to facilitate the transfer and dematerialisation of physical share certificates that were sold or purchased but not lodged for transfer, or were previously rejected or unattended due to documentation or process deficiencies before April 1, 2019. The company has publicised this regulatory window through social media and newspaper advertisements, encouraging shareholders still holding physical shares to complete the demat process, which is expected to improve compliance with securities regulations and reduce residual physical shareholdings in line with broader market dematerialisation efforts.
More about Great Eastern Shipping Co. Ltd.
The Great Eastern Shipping Company Limited is an Indian shipping company engaged in maritime transportation services. It operates in the shipping and offshore segments, providing sea-borne transportation of crude oil, petroleum products, gas and dry bulk commodities, serving both domestic and international trade requirements.
Average Trading Volume: 37,508
Technical Sentiment Signal: Buy
Current Market Cap: 203.4B INR
For an in-depth examination of GESHIP stock, go to TipRanks’ Overview page.