August 4, 2006
The media had reports that Great Eastern Shipping Co. Ltd. is likely to go in for buyback of shares.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Great Eastern Shipping Co. Ltd. has vide its letter inter-alia stated, "We would like to inform you that as of date the Board of Directors of the Company have not considered any buyback proposal."
Source: National Stock Exchange of India Limited
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