Essar Shipping Limited
All news and filings related to Essar Shipping Limited.
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Essar Shipping Limited Announces 16th AGM on Sep 30, 2026
Essar Shipping Limited will hold its 16th Annual General Meeting on September 30, 2026, at 4:00 p.m. IST. The meeting will be conducted via Video-Conferencing and Other Audio-Visual Means, as per regulatory filings.
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Essar Shipping to hold 16th AGM on Sept 30, 2026; to discuss divestment and asset sales
Essar Shipping Limited will hold its 16th AGM on September 30, 2026, via video conference. The agenda includes adopting FY26 financial statements, disinvesting in overseas subsidiaries (Essar Shipping DMCC and OGD Services Holdings), and selling assets like the 'Essar WildCat' rig and 'Tug III'. The meeting will also cover director appointments and related party transactions.
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Essar Shipping Appoints New Director, Approves Rig Sale, Schedules AGM
Essar Shipping appointed Mr. Subramanian Raman as an Independent Director and re-appointed Mr. Suresh Ramamirtham. The company approved the sale of its drilling rig Essar WildCat, with completion expected by March 31, 2027. The 16th AGM is scheduled for September 30, 2026. Mr. Jayakumar will retire as an Independent Director on August 31, 2026.
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Essar Shipping Appoints New Director, Approves Rig Sale, Schedules AGM
Essar Shipping appointed Mr. Subramanian Raman as an Independent Director and re-appointed Mr. Suresh Ramamirtham. The company also approved the sale of its drilling rig 'Essar WildCat' with an expected completion date of March 31, 2027. The 16th AGM is scheduled for September 30, 2026.
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Essar Shipping Appoints Subramanian Raman, Reappoints Suresh Ramamirtham as Directors
Essar Shipping Limited's Board approved the appointment of Mr. Subramanian Raman as an Additional Non-Executive Independent Director and the re-appointment of Mr. Suresh Ramamirtham as a Non-Executive Independent Director, both effective September 1, 2026. The company will also sell its drilling rig Essar WildCat by March 31, 2027.
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Essar Shipping Board Approves Director Appointments, Asset Sale, and AGM Date
Essar Shipping's Board approved the appointment of Mr. Subramanian Raman and re-appointment of Mr. Suresh Ramamirtham as directors, both effective September 1, 2026. The sale of the drilling rig 'Essar WildCat' is approved, expected to complete by March 31, 2027. The 16th AGM is scheduled for September 30, 2026.
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Essar Shipping Board Approves Director Appointments, Rig Sale, and AGM Date
Essar Shipping appointed Subramanian Raman as Independent Director and re-appointed Suresh Ramamirtham. The company will sell its drilling rig 'Essar WildCat' by March 31, 2027. The 16th AGM is set for September 30, 2026. Jayakumar will retire as Independent Director on August 31, 2026.
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Essar Shipping Resubmits Q1 FY27 Results Due to Clerical Errors in EPS
Essar Shipping Limited resubmitted its Q1 FY27 financial results due to clerical errors in EPS. The company reported a consolidated profit after tax of ₹230.41 crore, driven by exceptional gains of ₹258.02 crore. Standalone results showed a loss of ₹4.52 crore. Auditors noted going concern uncertainties for both standalone and consolidated financials.
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Essar Shipping Board Approves Q1 FY27 Unaudited Results and Sale of Essar Tug III
Essar Shipping's Board approved Q1 FY27 un-audited financial results. They also approved the sale of Essar Tug III, expected to complete by March 31, 2027. This asset represented 100% of the company's turnover in the last financial year.
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Essar Shipping Board Approves Q1 FY27 Results and Sale of Essar Tug III
Essar Shipping Limited approved its Un-Audited Financial Results for the quarter ended June 30, 2026. The Board also approved the sale of its asset, Essar Tug III, which contributed 100% to the company's financials last year. The sale is expected to be completed by March 31, 2027.
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Essar Shipping Files SEBI Compliance Certificate for Q1 FY27
Essar Shipping Limited submitted a SEBI compliance certificate for the quarter ended June 30, 2026. The RTA confirmed dematerialization processing, including cancellation of old certificates and updating records with depository ownership.
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Essar Shipping: Promoters Confirm No Share Encumbrance for FY26
Essar Shipping Limited's promoters have disclosed no share encumbrances for the financial year ending March 31, 2026. Following an NCLT order on September 16, 2025, CITOC Ventures acquired Imperial Consultants and Securities Limited, potentially removing it from the promoter group.
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Essar Shipping Limited Secures Up To ₹10 Crore Loan for Working Capital
Essar Shipping Limited's Board approved availing inter-corporate loans up to ₹10 Crore from non-related parties. The funds will be used for working capital and repayment of dues. The loan is repayable on demand.
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Essar Shipping Secures ₹10 Crore Inter-Corporate Loan for Working Capital
Essar Shipping Limited's Board approved availing a loan of up to ₹10 Crore from Abhinand Ventures Private Limited and/or Niwas Residential & Commercial Properties Private Limited. The funds will be used for working capital, repayment of dues, and general corporate purposes. Loan agreements are pending execution.
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Essar Shipping clarifies discrepancies in Q4 FY25 financial results with NSE
Essar Shipping Limited clarified discrepancies in its Q4 FY25 financial results with NSE. The company confirmed that financials signed by Executive Director Rajesh Desai are board-authorized. A minor casting error led to a ₹0.02 crore PAT mismatch in XBRL, which has been corrected. All other figures align.
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Essar Shipping Limited Files Newspaper Ad for Audited Financial Results
Essar Shipping Limited published newspaper advertisements on May 31, 2026, in Financial Express and Jai Hind, announcing their audited financial results for the quarter and financial year ended March 31, 2026. This filing is in compliance with SEBI LODR Regulations.
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Essar Shipping Board Approves FY26 Audited Results and Appoints New Internal Auditors
Essar Shipping Limited's Board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company also appointed M/s. Shyam Malpani & Co. as Internal Auditors for FY 2026-2027.
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Essar Shipping Board Approves Audited FY26 Results and Appoints New Internal Auditors
Essar Shipping's Board approved audited standalone and consolidated financial results for the fiscal year ended March 31, 2026. The company also appointed M/s. Shyam Malpani & Co. as Internal Auditors for FY 2026-2027.
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Essar Shipping Ltd. Files SEBI Regulation 74(5) Certificate for Q4FY26
Essar Shipping Limited filed a certificate under SEBI Regulation 74(5) for the quarter and year ended March 31, 2026. The RTA confirmed that securities received for dematerialization were processed, cancelled, and updated in records. This is a routine compliance filing.
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Essar Shipping: Trading Window Closed for Q4 FY26 Results Announcement
Essar Shipping Limited will close its trading window from April 1, 2026, until 48 hours after the announcement of its Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. The date of the board meeting for results consideration will be informed later.
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Essar Shipping Limited Partially Redeems NCDs Worth ₹144.42 Crore
Essar Shipping Limited partially redeemed 14,442,000 NCDs worth ₹144.42 crore on February 26, 2026. The total redemption amount, including interest, was ₹155.22 crore. An earlier redemption occurred on January 30, 2026, with 24,262,750 NCDs remaining outstanding.
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Essar Shipping Completes Sale of Entire Stake in DrillXplore Services for ₹46,000
Essar Shipping Limited announced the completion of the sale of its entire stake in M/s. DrillXplore Services Private Limited on February 25, 2026. The agreed consideration for the sale was ₹46,000. The divested entity contributed Nil to the company's last financial year's turnover, revenue, income, and net worth.
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Essar Shipping Q3 FY26 Results: Profit surges to ₹217.37 crore, sale of investment approved
Essar Shipping Limited reported a standalone profit after tax of ₹217.37 crore for the quarter ended December 31, 2025. This includes exceptional items such as reversal of impairment on subsidiary loans and foreign exchange gains. The Board also approved the sale of investments in Drill Xplore Services Private Limited, expected to be completed by February 28, 2026.
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Essar Shipping Ltd. Publishes Unaudited Financial Results for Q3 FY26
Essar Shipping Limited published its unaudited financial results for the quarter and nine months ended December 31, 2025. The results were published on February 14, 2026, in Business Standard and Jai Hind newspapers.
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Essar Shipping Board Approves Q3 FY26 Results, Sale of Investment
Essar Shipping Limited's Board approved Q3 FY26 results and the sale of investments in Drill Xplore Services Private Limited for ₹46,000, expected completion by Feb 28, 2026. The company faces going concern uncertainty due to liabilities exceeding assets and eroded net worth, but plans asset monetization to improve its financial position.
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Essar Shipping Board Approves Q3 FY26 Results and Sale of Investment
Essar Shipping Limited approved its Q3 FY26 Unaudited Financial Results (Standalone & Consolidated) on February 13, 2026. The company also approved the sale of its investment in Drill Xplore Services Private Limited, with completion expected by February 28, 2026, for a consideration of ₹46,000. The auditor's report noted a material uncertainty regarding the company's going concern status.
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Essar Shipping Limited Partially Redeems NCDs Worth ₹59.01 Crore on Jan 30, 2026
Essar Shipping Limited partially redeemed 5,853,000 NCDs worth ₹58.53 crore on January 30, 2026. The total redemption amount, including interest and premium, was ₹59.01 crore. Prior redemptions occurred on December 5, 2025. 38,704,750 NCDs remain outstanding.
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Essar Shipping Files SEBI Compliance Certificate for Q3 FY26
Essar Shipping Limited submitted a SEBI compliance certificate for Q3 FY26, confirming the processing of dematerialized securities. The RTA verified, cancelled, and updated records as per regulations.
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Essar Shipping: Trading Window Closed Jan 1, 2026 for Q3 FY26 Results
Essar Shipping Limited will close its trading window from January 1, 2026, until 48 hours after the declaration of Q3 FY26 results. This is to comply with SEBI regulations on insider trading.
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Essar Shipping Mauritius Holdings to Acquire 10.34% Equity Shares
Essar Shipping Mauritius Holdings to acquire 10.34% equity shares of Essar Shipping Limited from IDH International Drilling Holdco Limited via inter-se transfer at ₹35.25 per share, increasing its stake from 60.09% to 70.43%.
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Essar Shipping Partially Redeems Non-Convertible Debentures
Essar Shipping partially redeemed NCDs worth ₹65.46 crore on December 5, 2025, paying ₹65.90 crore including interest and premium. Balance NCDs outstanding are 44,557,750.
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Essar Shipping Reports Q2 FY26 Results Amidst Significant Going Concern Uncertainty
Essar Shipping approved Q2 FY26 results, highlighting material uncertainty about its ability to continue as a going concern due to eroded net worth and operational losses, despite exceptional gains from asset sales and loan recoveries.
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Essar Shipping Publishes Unaudited Q2 & Half-Year Financial Results in Newspapers
Essar Shipping Limited announced the newspaper publication of its un-audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025, as per SEBI regulations.
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Essar Shipping Partially Redeems Non-Convertible Debentures
Essar Shipping partially redeemed NCDs worth ₹88.96 crore on November 13, 2025, paying ₹97.52 crore including interest and premium. Remaining outstanding NCDs are 51,103,750.
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Essar Shipping Approves Unaudited Financial Results for Quarter Ended Sep 30, 2025
Essar Shipping's board approved unaudited financial results for the quarter ended September 30, 2025. The company booked charter hire income on a tug, and its current liabilities exceed its current assets.
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Essar Shipping Board Approves Un-Audited Financial Results for Quarter Ended Sep 30, 2025
Essar Shipping Limited's Board of Directors approved the Un-Audited Financial Results (Standalone and Consolidated) for the quarter and half-year ended September 30, 2025. The meeting commenced at 4:40 p.m. and concluded at 5:05 p.m.
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Essar Shipping Responds to Exchange Query on Volume Spurt, Denies Undisclosed Information
Essar Shipping responded to exchange queries regarding a spurt in volume, stating no price-sensitive information is pending and movements are market-driven.
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Essar Shipping Responds to Exchange Queries on Price Movement
Essar Shipping responds to exchange queries regarding recent price and volume movements, stating no undisclosed price-sensitive information is pending and attributing the movement to market conditions.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
Essar Shipping Limited submits certificate under SEBI regulations for the quarter ended September 30, 2025, confirming dematerialization and cancellation of security certificates.
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Essar Shipping Responds to NSE and BSE Regarding Price Movement
Essar Shipping Limited responded to queries from NSE and BSE regarding price movement, stating no undisclosed price-sensitive information.
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Essar Shipping Limited Approves Appointments and Disinvestments at AGM
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Essar Shipping Announces Shareholders Meeting
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Essar Shipping shareholders approve disinvestment of overseas subsidiaries and key appointments
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Essar Shipping announces Record Date and Book Closure for 15th Annual General Meeting
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Essar Shipping appoints Habib Jan as Company Secretary, Bharat Modi resigns
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Essar Shipping: Ketan Shah ceases as Non-Executive Additional Director due to regulatory non-compliance
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Essar Shipping: Bharat Modi Resigns, Habib Jan Appointed as Company Secretary
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Mr. Srinivasan Vaidyanathan Resigns as Non-Executive Director of Essar Shipping Limited
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