Essar Shipping has announced the about, Disinvestment in Essar Shipping DMCC, U.A.E. and OGD Services Holdings Limited,…
Essar Shipping (BSE: ESSARSHPNG) said it has announced the about, Disinvestment in Essar Shipping DMCC, U.A.E. and OGD Services Holdings Limited, Mauritius, overseas Whollyowned Subsidiary, Under. The company is valued at about ₹356 crore.
What happened
Essar Shipping (BSE: ESSARSHPNG) informed the stock exchanges on 3 October 2026 at 06:55 PM that it has announced the about, Disinvestment in Essar Shipping DMCC, U.A.E. and OGD Services Holdings Limited, Mauritius, overseas Whollyowned Subsidiary, Under.
Company snapshot
Essar Shipping is a micro-cap company, with a market value of about ₹356 crore.
The stock last traded at ₹17.18, against a 52-week range of ₹15.43–₹43.26 (60.3% below the high).
Before this filing the shares had moved +2.1% over the month and −26.8% over three months. Average daily turnover over the last 20 sessions was about ₹1.07 crore.
Promoters held 73.75% at the end of Q1 FY27. Foreign institutions owned 0.05% and domestic institutions 0.02%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 2 | 27.4 | 1.32 |
| Q2 FY26 | 0 | -15.7 | -1.02 |
| Q3 FY26 | 0 | -0.8 | -4.26 |
| Q4 FY26 | 0 | -35.6 | -1.74 |
| Q1 FY27 | 0 | 230.4 | -11.13 |
What history shows
BCEIE has no earlier corporate update filing from this company on record since May 2026.
Market-wide, 46 corporate update filings with an impact score of 50 or more saw an average next-day move of −2.4%, with 24% rising.
Past reactions describe what happened before; they are not a forecast.
In the news
Recent coverage elsewhere (links open the original publisher):
- Essar Shipping discloses promoter share status for FY26
- Essar Shipping Share Price gains as valuation stays low
- Momentum Stocks: Shanthi Gears, Kirloskar Brothers, GVP Infotech down 4% each; Essar Shipping locked at upper circuit
- Essar Shipping Ltd (NSE: ESSARSHPNG) Gains 20.00% as Stock Sees Renewed Market Interest
- Essar Shipping Share Price Update on Rs 17.18 Trade
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.