Societe Generale acquired a new position in The Great Eastern Shipping Company Limited, buying 22,89,058 shares for ₹321.05 crore, representing a 1.60% stake, with shares priced at ₹1402.00 apiece.
A major player in India's shipping and oil drilling services industry, The Great Eastern Shipping Company operates a diversified fleet for cargo transportation and offshore energy support. The company provides integrated maritime solutions through its subsidiaries, serving both domestic and international markets. Its distinctive position combines conventional shipping operations with specialized offshore drilling services, establishing it as a vertically integrated maritime operator with comprehensive capabilities across multiple service segments and geographic regions.
French global investment bank with around EUR 1.6 trillion in assets. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.
