1,498 million at an average price of Rs. 34.91 per share. An amount of 1,000 million is proposed to be allocated towards this buy back of shares at a price not exceeding Rs 42 per share from the open market through the stock exchange. The amount was raised for acquisition of vessels. The shares in the first two are in Indian Rupees and in the last in United States Dollars. Shares Shares of The Great Eastern Shipping Company Limited are under compulsory demat, implying that trading can be done only in electronic form.
Shares carry one vote per share and all the shares carry equal rights to dividend.
Each GDR of the company represents 5 equity shares.