| Scrip Code | 500620 |
|---|---|
| NSE Symbol | GESHIP |
| MSEI Symbol | NA |
| ISIN | INE017A01032 |
| Name of company | The Great Eastern Shipping Company Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 07-11-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 28-10-2025 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Second quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Single segment |
| Description of single segment | Shipping |
| Start date and time of board meeting | 07-11-2025 16:30:00 |
| End date and time of board meeting | 07-11-2025 18:30:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether the company has any related party? | Yes |
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | Yes |
| (I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public | NA |
| (II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. | NA |
| Whether the company is a high value debt listed entity according to regulation 15 (1A)? | Yes |
| (a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? | Yes |
| (b) If answer to above question is No, please explain the reason for not complying. | |
| Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? | Yes |
| Latest Date on which RPT policy is updated | 28-01-2025 |
| Indicate Company website link for updated RPT policy of the Company | https://greatship.com/upload/investors/policy/RPT_policy_w.e.f_28.01.2025.pdf |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No |
| No. of times funds raised during the quarter | |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| There were no default on Loan and Debt Securities | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 85,299.00 | 1,65,558.00 | |
| Other income | 9,679.00 | 21,061.00 | |
| Total income | 94,978.00 | 1,86,619.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 0.00 | 0.00 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0.00 | 0.00 |
| (d) | Employee benefit expense | 14,241.00 | 29,004.00 |
| (e) | Finance costs | 2,713.00 | 5,795.00 |
| (f) | Depreciation, depletion and amortisation expense | 14,915.00 | 27,368.00 |
| (f) | Other Expenses | ||
| 1 | Fuel oil and water | 6,268.00 | 11,865.00 |
| 2 | Port, light and canal dues | 3,185.00 | 6,051.00 |
| 3 | Consumption of spares and stores | 4,316.00 | 8,116.00 |
| 4 | (Gain)/loss due to change in fair value / settlement of derivative contracts (net) | 6,141.00 | 5,848.00 |
| 5 | Foreign exchange (gain)/loss (net) | (13,526.00) | (14,688.00) |
| 6 | Impairment on certain ships | 0.00 | 0.00 |
| 7 | Other Expenses | 8,306.00 | 17,112.00 |
| Total other expenses | 14,690.00 | 34,304.00 | |
| Total expenses | 46,559.00 | 96,471.00 | |
| 3 | Total profit before exceptional items and tax | 48,419.00 | 90,148.00 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 48,419.00 | 90,148.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 2,695.00 | 5,595.00 |
| 8 | Deferred tax | (234.00) | (250.00) |
| 9 | Total tax expenses | 2,461.00 | 5,345.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 45,958.00 | 84,803.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 45,958.00 | 84,803.00 |
| 17 | Other comprehensive income net of taxes | 2.00 | (48.00) |
| 18 | Total Comprehensive Income for the period | 45,960.00 | 84,755.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 14,277.00 | 14,277.00 | |
| Face value of equity share capital | 10 | 10 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 32.19 | 59.4 | |
| Diluted earnings (loss) per share from continuing operations | 32.13 | 59.28 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 32.19 | 59.4 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 32.13 | 59.28 | |
| 24 | Debt equity ratio | 0.100 | 0.100 |
| 25 | Debt service coverage ratio | 24.3400 | 4.00 |
| 26 | Interest service coverage ratio | 24.3400 | 21.2800 |
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 2. The Company is engaged only in shipping business segment and there are no separate reportable segments as per Ind AS 108, 'Operating Segments'. 3.The Board of Directors has declared a second interim dividend of Rs. 7.20 per share of Rs. 10/- each. The Company had declared and paid a first interim dividend of Rs. 7.20 per equity share of Rs. 10/- each during the year. The total interim dividends for the year declared aggregates to Rs. 14.40 per equity share. 4.Following were the changes to the fleet during and subsequent to the quarter: Sales -contracted to sell its 2005 built Suezmax Crude Oil Carrier named Jag Lok to be delivered in the third quarter of Financial Year 2025-26. -subsequent to the end of the quarter, contracted to sell its 2005 built Medium Range Product Carrier Jag Pooja to be delivered in third quarter of Financial Year 2025-26. Purchases -took delivery of a Kamsarmax Dry Bulk Carrier built in 2015 renamed as Jag Amol. -contracted to buy a secondhand Suezmax Crude Oil Carrier built in 2010 renamed as Jag Laadki and took delivery subsequent to the end of quarter. -contracted to buy a secondhand Kamsarmax Dry Bulk Carrier built in 2016 renamed as Jag Anjali and took delivery subsequent to the end of quarter. -subsequent to the end of the quarter, contracted to buy a secondhand Ultramax Dry Bulk Carrier built in 2019 for delivery in the fourth quarter of Financial Year 2025-26. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | Year ended (dd-mm-yyyy) | ||
|---|---|---|---|
| Date of start of reporting period | 01-04-2025 | ||
| Date of end of reporting period | 30-09-2025 | ||
| Whether results are audited or unaudited | Unaudited | ||
| Nature of report standalone or consolidated | Standalone | ||
| Assets | |||
| 1 | Non-current assets | ||
| Property, plant and equipment | 5,17,888.00 | ||
| Capital work-in-progress | 1,699.00 | ||
| Investment property | 0.00 | ||
| Goodwill | 0.00 | ||
| Other intangible assets | 1,376.00 | ||
| Intangible assets under development | 334.00 | ||
| Biological assets other than bearer plants | 0.00 | ||
| Investments accounted for using equity method | 0.00 | ||
| Non-current financial assets | |||
| Non-current investments | 1,53,451.00 | ||
| Trade receivables, non-current | 0.00 | ||
| Loans, non-current | 0.00 | ||
| Other non-current financial assets | 38,456.00 | ||
| Total non-current financial assets | 1,91,907.00 | ||
| Deferred tax assets (net) | 0.00 | ||
| Other non-current assets | 12,676.00 | ||
| Total non-current assets | 7,25,880.00 | ||
| 2 | Current assets | ||
| Inventories | 13,755.00 | ||
| Current financial asset | |||
| Current investments | 2,56,664.00 | ||
| Trade receivables, current | 21,827.00 | ||
| Cash and cash equivalents | 3,32,416.00 | ||
| Bank balance other than cash and cash equivalents | 79,966.00 | ||
| Loans, current | 0.00 | ||
| Other current financial assets | 30,975.00 | ||
| Total current financial assets | 7,21,848.00 | ||
| Current tax assets (net) | 0.00 | ||
| Other current assets | 11,551.00 | ||
| Total current assets | 7,47,154.00 | ||
| 3 | Non-current assets classified as held for sale | 8,422.00 | |
| 4 | Regulatory deferral account debit balances and related deferred tax Assets | 0.00 | |
| Total assets | 14,81,456.00 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 14,277.00 | ||
| Other equity | 12,51,769.00 | ||
| Total equity attributable to owners of parent | 12,66,046.00 | ||
| Non controlling interest | |||
| Total equity | 12,66,046.00 | ||
| 2 | Liabilities | ||
| Non-current liabilities | |||
| Non-current financial liabilities | |||
| Borrowings, non-current | 79,957.00 | ||
| Trade payables, non-current | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 0.00 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 0.00 | ||
| Total Trade payable | 0.00 | ||
| Other non-current financial liabilities | 24,489.00 | ||
| Total non-current financial liabilities | 1,04,446.00 | ||
| Provisions, non-current | 1,796.00 | ||
| Deferred tax liabilities (net) | 5,919.00 | ||
| Deferred government grants, Non-current | 0.00 | ||
| Other non-current liabilities | 0.00 | ||
| Total non-current liabilities | 1,12,161.00 | ||
| Current liabilities | |||
| Current financial liabilities | |||
| Borrowings, current | 44,953.00 | ||
| Trade payables, current | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 901.00 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 16,053.00 | ||
| Total Trade payable | 16,954.00 | ||
| Other current financial liabilities | 30,678.00 | ||
| Total current financial liabilities | 92,585.00 | ||
| Other current liabilities | 6,082.00 | ||
| Provisions, current | 1,805.00 | ||
| Current tax liabilities (Net) | 2,777.00 | ||
| Deferred government grants, Current | 0.00 | ||
| Total current liabilities | 1,03,249.00 | ||
| 3 | Liabilities directly associated with assets in disposal group classified as held for sale | 0.00 | |
| 4 | Regulatory deferral account credit balances and related deferred tax liability | 0.00 | |
| Total liabilities | 2,15,410.00 | ||
| Total equity and liabilites | 14,81,456.00 | ||
| Disclosure of notes on assets and liabilities | Textual Information(1) | ||
| Textual Information(1) | 5.The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on November 07, 2025. The Statutory Auditors of the Company have carried out a Limited Review of the results for the quarter and half year ended September 30, 2025. 6.The results for the quarter and half year ended September 30, 2025, are available on BSE Ltd. website (URL:www.bseindia.com/corporates), on National Stock Exchange of India Ltd. website (URL:www.nseindia.com/corporates) and on the Company website (URL:www.greatship.com/ financial_result.html). 7.Additional disclosures as per Clause 52(4) and Clause 54(2) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 : (a)As per the terms of issue of 4,500 Secured Redeemable Non-convertible Debentures of Rs. 10 lakhs each, the Company has created and maintained exclusive charge on ships (over 1.20 times cover on market value of ships) and additional security by way of mortgage on immovable property. As per the terms of issue of 8,000 Unsecured Redeemable Non-convertible Debentures of Rs. 10 lakhs each, the Company has maintained unencumbered assets (including cash and cash equivalents) of market value not less than outstanding face value amount of these debentures. |
|---|
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-07-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 30-09-2025 | 30-09-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Items that will not be reclassified to Profit or Loss | 37.00 | 41.00 |
| Total Amount of items that will not be reclassified to profit and loss | 37.00 | 41.00 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Items that will be reclassified as to Profit or Loss | (35.00) | (89.00) |
| Total Amount of items that will be reclassified to profit and loss | (35.00) | (89.00) | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 2.00 | (48.00) |
| Particulars | Year ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|
| A | Date of start of reporting period | 01-04-2025 | ||||
| B | Date of end of reporting period | 30-09-2025 | ||||
| C | Whether results are audited or unaudited | Unaudited | ||||
| D | Nature of report standalone or consolidated | Standalone | ||||
| Statement of cash flows | ||||||
| Cash flows from used in operating activities | ||||||
| Profit before tax | 90,148.00 | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 5,795.00 | |||||
| Adjustments for decrease (increase) in inventories | (897.00) | |||||
| Adjustments for decrease (increase) in trade receivables, current | 960.00 | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |||||
| Adjustments for decrease (increase) in other current assets | 0.00 | |||||
| Adjustments for decrease (increase) in other non-current assets | 0.00 | |||||
| Adjustments for other financial assets, non-current | 0.00 | |||||
| Adjustments for other financial assets, current | 0.00 | |||||
| Adjustments for other bank balances | 0.00 | |||||
| Adjustments for increase (decrease) in trade payables, current | (1,578.00) | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |||||
| Adjustments for increase (decrease) in other current liabilities | 3,616.00 | |||||
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |||||
| Adjustments for depreciation and amortisation expense | 27,368.00 | |||||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |||||
| Adjustments for provisions, current | 0.00 | |||||
| Adjustments for provisions, non-current | 0.00 | |||||
| Adjustments for other financial liabilities, current | 0.00 | |||||
| Adjustments for other financial liabilities, non-current | 0.00 | |||||
| Adjustments for unrealised foreign exchange losses gains | (13,662.00) | |||||
| Adjustments for dividend income | 0.00 | |||||
| Adjustments for interest income | 11,672.00 | |||||
| Adjustments for share-based payments | 0.00 | |||||
| Adjustments for fair value losses (gains) | 4,103.00 | |||||
| Adjustments for undistributed profits of associates | 0.00 | |||||
| Other adjustments for which cash effects are investing or financing cash flow | (4,939.00) | |||||
| Other adjustments to reconcile profit (loss) | 0.00 | |||||
| Other adjustments for non-cash items | (482.00) | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Total adjustments for reconcile profit (loss) | 8,612.00 | |||||
| Net cash flows from (used in) operations | 98,760.00 | |||||
| Dividends received | 0.00 | |||||
| Interest paid | 0.00 | |||||
| Interest received | 0.00 | |||||
| Income taxes paid (refund) | 5,855.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) operating activities | 92,905.00 | |||||
| Cash flows from used in investing activities | ||||||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |||||
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |||||
| Other cash receipts from sales of equity or debt instruments of other entities | 0.00 | |||||
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |||||
| Other cash receipts from sales of interests in joint ventures | 0.00 | |||||
| Other cash payments to acquire interests in joint ventures | 0.00 | |||||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Proceeds from sales of property, plant and equipment | 101.00 | |||||
| Purchase of property, plant and equipment | 35,065.00 | |||||
| Proceeds from sales of investment property | 0.00 | |||||
| Purchase of investment property | 0.00 | |||||
| Proceeds from sales of intangible assets | 0.00 | |||||
| Purchase of intangible assets | 0.00 | |||||
| Proceeds from sales of intangible assets under development | 0.00 | |||||
| Purchase of intangible assets under development | 0.00 | |||||
| Proceeds from sales of goodwill | 0.00 | |||||
| Purchase of goodwill | 0.00 | |||||
| Proceeds from biological assets other than bearer plants | 0.00 | |||||
| Purchase of biological assets other than bearer plants | 0.00 | |||||
| Proceeds from government grants | 0.00 | |||||
| Proceeds from sales of other long-term assets | 0.00 | |||||
| Purchase of other long-term assets | 0.00 | |||||
| Cash advances and loans made to other parties | 42,500.00 | |||||
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |||||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Dividends received | 0.00 | |||||
| Interest received | 11,959.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | (7,393.00) | |||||
| Net cash flows from (used in) investing activities | (72,898.00) | |||||
| Cash flows from used in financing activities | ||||||
| Proceeds from changes in ownership interests in subsidiaries | 0.00 | |||||
| Payments from changes in ownership interests in subsidiaries | 0.00 | |||||
| Proceeds from issuing shares | 0.00 | |||||
| Proceeds from issuing other equity instruments | 0.00 | |||||
| Payments to acquire or redeem entity's shares | 0.00 | |||||
| Payments of other equity instruments | 0.00 | |||||
| Proceeds from exercise of stock options | 0.00 | |||||
| Proceeds from issuing debentures notes bonds etc | 0.00 | |||||
| Proceeds from borrowings | 0.00 | |||||
| Repayments of borrowings | 25,000.00 | |||||
| Payments of lease liabilities | 25.00 | |||||
| Dividends paid | 17,989.00 | |||||
| Interest paid | 8,314.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | (1,769.00) | |||||
| Net cash flows from (used in) financing activities | (53,097.00) | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (33,090.00) | |||||
| Effect of exchange rate changes on cash and cash equivalents | ||||||
| Effect of exchange rate changes on cash and cash equivalents | 12,929.00 | |||||
| Net increase (decrease) in cash and cash equivalents | (20,161.00) | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 3,52,577.00 | |||||
| Cash and cash equivalents cash flow statement at end of period | 3,32,416.00 | |||||
Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter) |
| Sr No. | Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken. | ||||||||||||||||||||||||
| Details of the party (listed entity/subsidiary) entering into the transaction | Details of the counterparty | Type of related party transaction | Details of other related party transaction | Value of the related party transaction as approved by the audit committee | Remarks on approval by audit committee | Value of the related party transaction ratified by the audit committee | Date of Audit Committee Meeting where the ratification was approved | Value of transaction during the reporting period | In case monies are due to either party as a result of the transaction | In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments | Details of the loans, inter-corporate deposits, advances or investments | Notes | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | PAN | Name | PAN | Relationship of the counterparty with the listed entity or its subsidiary | Opening balance | Closing balance | Nature of indebtedness (loan/ issuance of debt/ any other etc.) | Details of other indebtedness | Cost | Tenure | Nature (loan/ advance/ intercorporate deposit/ investment ) | Interest Rate (%) | Tenure | Secured/ unsecured | Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) | ||||||||||
| 1 | The Great Eastern Shipping Company Ltd | The Greatship Singapore Pte Ltd | Subsidiary | Purchase of goods or services | 0.00 | NA | 73.00 | 0.00 | 0.00 | Textual Information(1) | |||||||||||||||
| 2 | The Great Eastern Shipping Company Ltd | The Greatship Singapore Pte Ltd | Subsidiary | Purchase of goods or services | 0.00 | NA | 363.00 | 57.00 | 93.00 | Textual Information(2) | |||||||||||||||
| 3 | The Great Eastern Shipping Company Ltd | Greatship India Limited | Subsidiary | Sale of goods or services | 0.00 | NA | 50.00 | 98.00 | 33.00 | Textual Information(3) | |||||||||||||||
| 4 | The Great Eastern Shipping Company Ltd | Great Eastern Foundation | Subsidiary | Any other transaction | Provision made towards CSR contribution | 0.00 | NA | 2,200.00 | 0.00 | 0.00 | Textual Information(4) | ||||||||||||||
| 5 | The Great Eastern Shipping Company Ltd | Greatship India Limited | Subsidiary | Dividend received | 0.00 | NA | 2,459.00 | 2,610.00 | 984.00 | Textual Information(5) | |||||||||||||||
| 6 | The Great Eastern Shipping Company Ltd | Kanaiyalal Maneklal Sheth | Non Executive Chairman, Father of Mr. Bharat K. Sheth and Mr. Ravi K. Sheth | Remuneration | 0.00 | NA | 82.00 | 0.00 | 0.00 | Textual Information(6) | |||||||||||||||
| 7 | The Great Eastern Shipping Company Ltd | Bharat K Sheth | Deputy Chairman and Managing Director of Holding Company | Remuneration | 0.00 | NA | 366.00 | 0.00 | 0.00 | Textual Information(7) | |||||||||||||||
| 8 | The Great Eastern Shipping Company Ltd | Shivakumar Gomathinayagam | Executive Director and Chief Financial Officer of Holding Company | Remuneration | 0.00 | NA | 112.00 | 0.00 | 0.00 | ||||||||||||||||
| 9 | The Great Eastern Shipping Company Ltd | Rahul R Sheth | Son of Mr. Ravi K. Sheth | Remuneration | 0.00 | NA | 27.00 | 0.00 | 0.00 | Textual Information(8) | |||||||||||||||
| 10 | The Great Eastern Shipping Company Ltd | Berjis Minoo Desai | Non Executive Director | Any other transaction | Director Sitting Fees | 0.00 | NA | 3.00 | 0.00 | 0.00 | |||||||||||||||
| 11 | The Great Eastern Shipping Company Ltd | Thoppil Ninan Ninan | Non Executive Director | Any other transaction | Director Sitting Fees | 0.00 | NA | 6.00 | 0.00 | 0.00 | |||||||||||||||
| 12 | The Great Eastern Shipping Company Ltd | Uday Shankar | Non Executive Director | Any other transaction | Director Sitting Fees | 0.00 | NA | 4.00 | 0.00 | 0.00 | |||||||||||||||
| 13 | The Greatship Singapore Pte Ltd | Greatship Global Offshore Services Pte Ltd Singapore | Fellow Subsidiary | Any other transaction | Rent Paid | 0.00 | NA | 14.00 | 0.00 | 0.00 | Textual Information(9) | ||||||||||||||
| 14 | The Great Eastern Shipping Company Ltd | Amita Ravi Sheth | Wife of Mr.Ravi Sheth | Dividend paid | 0.00 | NA | 23.00 | 0.00 | 0.00 | ||||||||||||||||
| 15 | The Great Eastern Shipping Company Ltd | Arjun Ravi Sheth | Son of Mr. Ravi K. Sheth | Dividend paid | 0.00 | NA | 6.00 | 0.00 | 0.00 | ||||||||||||||||
| 16 | The Great Eastern Shipping Company Ltd | Berjis Desai | Non Executive Director | Dividend paid | 0.00 | NA | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 17 | The Great Eastern Shipping Company Ltd | Bharat K Sheth | Deputy Chairman and Managing Director of Holding Company | Dividend paid | 0.00 | NA | 2,031.00 | 0.00 | 0.00 | ||||||||||||||||
| 18 | The Great Eastern Shipping Company Ltd | Jyoti Bharat Sheth | Wife of Mr. Bharat Sheth | Dividend paid | 0.00 | NA | 17.00 | 0.00 | 0.00 | ||||||||||||||||
| 19 | The Great Eastern Shipping Company Ltd | Kanaiyalal Maneklal Sheth | Non Executive Chairman, Father of Mr. Bharat K. Sheth and Mr. Ravi K. Sheth | Dividend paid | 0.00 | NA | 35.00 | 0.00 | 0.00 | ||||||||||||||||
| 20 | The Great Eastern Shipping Company Ltd | Nirja Bharat Sheth | Daugther of Mr.Bharat Sheth | Dividend paid | 0.00 | NA | 13.00 | 0.00 | 0.00 | ||||||||||||||||
| 21 | The Great Eastern Shipping Company Ltd | Nisha Viraj Mehta . | Daugther of Mr.Bharat Sheth | Dividend paid | 0.00 | NA | 14.00 | 0.00 | 0.00 | ||||||||||||||||
| 22 | The Great Eastern Shipping Company Ltd | Rahul Ravi Sheth | Son of Mr. Ravi K. Sheth | Dividend paid | 0.00 | NA | 14.00 | 0.00 | 0.00 | ||||||||||||||||
| 23 | The Great Eastern Shipping Company Ltd | Ravi Kanaiyalal Sheth | Son of Mr. Kanaiyalal Sheth | Dividend paid | 0.00 | NA | 2,100.00 | 0.00 | 0.00 | ||||||||||||||||
| 24 | The Great Eastern Shipping Company Ltd | Shivakumar Gomathinayagam | Executive Director and Chief Financial Officer of Holding Company | Dividend paid | 0.00 | NA | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 25 | The Great Eastern Shipping Company Ltd | Uday Shankar | Non Executive Director | Dividend paid | 0.00 | NA | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 26 | Greatship India Limited | Nirja Bharat Sheth | Daugther of Mr.Bharat Sheth | Remuneration | 0.00 | NA | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 27 | Greatship India Limited | Ravi Kanaiyalal Sheth | Son of Mr. Kanaiyalal Sheth | Remuneration | 0.00 | NA | 546.00 | 0.00 | 0.00 | Textual Information(10) | |||||||||||||||
| 28 | Greatship India Limited | Pradyumna Raghunath Naware | Executive Director | Remuneration | 0.00 | NA | 182.00 | 0.00 | 0.00 | ||||||||||||||||
| 29 | Greatship India Limited | Amisha Ghia | Company Secretary | Remuneration | 0.00 | NA | 73.00 | 0.00 | 0.00 | ||||||||||||||||
| 30 | Greatship India Limited | Alok Mahajan | Executive Director & COO | Remuneration | 0.00 | NA | 209.00 | 0.00 | 0.00 | ||||||||||||||||
| 31 | Greatship India Limited | Bharat K Sheth | Deputy Chairman and Managing Director of Holding Company | Remuneration | 0.00 | NA | 49.00 | 0.00 | 0.00 | ||||||||||||||||
| 32 | Greatship India Limited | Rita Bhagwati | Non Executive Director | Any other transaction | Director Sitting Fees | 0.00 | NA | 6.00 | 0.00 | 0.00 | |||||||||||||||
| 33 | Greatship India Limited | Shaleen Sharma | Non Executive Director | Any other transaction | Director Sitting Fees | 0.00 | NA | 6.00 | 0.00 | 0.00 | |||||||||||||||
| 34 | Greatship India Limited | Bhavna Doshi | Non Executive Director | Any other transaction | Director Sitting Fees | 0.00 | NA | 5.00 | 0.00 | 0.00 | |||||||||||||||
| 35 | The Great Eastern Shipping Company Ltd | Anand Punde | Company Secretary | Remuneration | 0.00 | NA | 48.00 | 0.00 | 0.00 | ||||||||||||||||
| 36 | The Great Eastern Shipping Company Ltd | Bhavna Doshi | Non Executive Director | Any other transaction | Director Sitting Fees | 0.00 | NA | 4.00 | 0.00 | 0.00 | |||||||||||||||
| 37 | The Great Eastern Chartering LLC FZC | Juzar Basrai | Director of Subsidiary | Remuneration | 0.00 | NA | 8.00 | 0.00 | 0.00 | ||||||||||||||||
| 38 | The Great Eastern Shipping Company Ltd | Anand Punde | Company Secretary | Dividend paid | 0.00 | NA | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 39 | The Great Eastern Shipping Company Ltd | Greatship India Limited | Subsidiary | Any other transaction | Interest Income | 0.00 | NA | 321.00 | 12.00 | 57.00 | |||||||||||||||
| 40 | The Great Eastern Shipping Company Ltd | Keki Mistry | Non Executive Director | Any other transaction | Director Sitting Fees | 0.00 | NA | 6.00 | 0.00 | 0.00 | |||||||||||||||
| 41 | The Great Eastern Shipping Company Ltd | Geshipping IFSC Ltd | Subsidiary | Any other transaction | Management fees for handling ships | 0.00 | NA | 242.00 | 351.00 | 170.00 | |||||||||||||||
| 42 | The Great Eastern Shipping Company Ltd | GeshippingIFSC Ltd | Subsidiary | Any other transaction | Interest Income | 0.00 | NA | 307.00 | 32.00 | 59.00 | |||||||||||||||
| 43 | The Great Eastern Shipping Company Ltd | Geshipping IFSC Ltd | Subsidiary | Any other transaction | Loan Given | 0.00 | NA | 0.00 | 8,563.00 | 8,879.00 | Loan | 6.9400 | 5 Years | Loan | 6.9400 | 5 Years | Unsecured | Purpose of meeting its working capital requirements and general corporate purposes | Textual Information(11) | ||||||
| 44 | The Great Eastern Shipping Company Ltd | Greatship India Limited | Subsidiary | Any other transaction | Reimbursment of Expenses | 0.00 | NA | 15.00 | 0.00 | 0.00 | |||||||||||||||
| 45 | The Great Eastern Shipping Company Ltd | Nirja Bharat Sheth | Daugther of Mr.Bharat Sheth | Remuneration | 0.00 | NA | 11.00 | 0.00 | 0.00 | Textual Information(12) | |||||||||||||||
| 46 | The Great Eastern Shipping Company Ltd | Kalpana Jaisingh Morparia | Non Executive Director | Any other transaction | Director Sitting Fees | 0.00 | NA | 7.00 | 0.00 | 0.00 | |||||||||||||||
| 47 | The Great Eastern Shipping Company Ltd | Amitabh Kumar | Non Executive Director | Any other transaction | Director Sitting Fees | 0.00 | NA | 4.00 | 0.00 | 0.00 | |||||||||||||||
| 48 | Greatship India Limited | Great Eastern Foundation | Subsidiary | Any other transaction | Contrbution towards CSR | 0.00 | NA | 121.00 | 0.00 | 0.00 | |||||||||||||||
| 49 | The Great Eastern Shipping Company Ltd | Greatship India Limited | Subsidiary | Any other transaction | Redemption of preferences shares | 0.00 | NA | 9,097.00 | 0.00 | 0.00 | |||||||||||||||
| 50 | The Great Eastern Shipping Company Ltd | Greatship India Limited | Subsidiary | Loan | 0.00 | NA | 42,500.00 | 0.00 | 42,500.00 | Loan | 7.500 | 2.5 Years | Loan | 7.500 | 2.5 Years | Unsecured | Purpose of meeting its working capital requirements and general corporate purposes | Textual Information(13) | |||||||
| 51 | The Great Eastern Shipping Company Ltd | Greatship India Limited | Subsidiary | Loan | 0.00 | NA | 0.00 | 6,500.00 | 6,500.00 | Loan | 8.500 | 2.5 Years | Loan | 8.500 | 2.5 Years | Unsecured | Purpose of meeting its working capital requirements and general corporate purposes | Textual Information(14) | |||||||
| Total value of transaction during the reporting period | 63,779.00 | ||||||||||||||||||||||||
| Textual Information(1) | The omnibus approval of the Audit Committee has been taken for all the transactions |
| Textual Information(2) | The omnibus approval of the Audit Committee has been taken for all the transactions |
| Textual Information(3) | The omnibus approval of the Audit Committee has been taken for all the transactions |
| Textual Information(4) | The omnibus approval of the Audit Committee has been taken for all the transactions |
| Textual Information(5) | Dividend recived for FY 2024-25 Rs. 24.59 CR and opening and closing balances refelect accruals for FY 2025-26 |
| Textual Information(6) | The omnibus approval of the Audit Committee has been taken for all the transactions |
| Textual Information(7) | The omnibus approval of the Audit Committee has been taken for all the transactions |
| Textual Information(8) | The memebers of the Company has approved payment of salary upto Rs 1 crore and other benefits applicable to his grade from time to time |
| Textual Information(9) | The omnibus approval of audit committee has been obtained for all the transactions |
| Textual Information(10) | Reduction in remuneration due to actuarial valuation |
| Textual Information(11) | Interest cost is SOFR overnight + 2.5% spread. Average rate is considered in cost and interest rate coloum. Loan amount USD 10 MN |
| Textual Information(12) | The members of the Company have approved the payment of salary upto Rs 45 lakhs p.a. and other applicable benefits to her grade from time to time |
| Textual Information(13) | Payment in 10 quarterly installments |
| Textual Information(14) | Payment in 10 quarterly installments |