Great Eastern Shipping Company informs about updates on subsidiary company

04 Feb 2016

Great Eastern Shipping Company has informed that the Company has decided to voluntarily strike off The Great Eastern Shipping Co. London (GESCO London), a wholly owned subsidiary of the Company, from the Companies Register in UK. GESCO London presently does not conduct any business activities. GESCO London had a net worth of $1.14 Mn as on March 31, 2015 and a loss of $37, 809 for the year ended on that date. The striking off process is expected to be completed during by December 2016 subject to necessary approvals.

The above information is a part of company’s filings submitted to BSE.

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