Great Eastern Shipping (GESHIP) has approved a buyback of up to ₹900 Cr via the open market, following a board meeting on August 27, 2026. The maximum buyback price is set at ₹1,530 per share.

The company aims to repurchase up to 58.82 lakh shares, representing 4.12% of its total equity capital.

The buyback offer is scheduled to open on or before September 4, 2026, and will close by December 11, 2026. Promoters will not participate.

This move is anticipated to enhance earnings per share and book value per share.