The Great Eastern Shipping Company Limited
Bandhan Mutual Fund reduced its stake in The Great Eastern Shipping Company Limited from 3.46% to 2.02%, decreasing its shareholding from 4,936,444 to 2,880,085 shares. The shares are valued at ₹1333.00 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.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.