Great Eastern Shipping has announced that K.M. Sheth will step down as Chairman, effective November 09, 2025, due to age-related reasons. Bharat K. Sheth, currently Deputy Chairman and Managing Director, will assume the role of Chairman. The Board has named K.M. Sheth as ‘Chairman Emeritus’ in recognition of his service. These changes reflect a strategic transition in leadership for the company.
Leadership Transition at Great Eastern Shipping
Effective November 09, 2025, K.M. Sheth will step down from his position as the Non-Executive Chairman of Great Eastern Shipping due to age-related reasons. He joined the company in 1952 and has been a pivotal figure in its growth.
Appointment of Bharat K. Sheth
The Board of Directors has appointed Bharat K. Sheth, currently the Deputy Chairman and Managing Director, as the new Chairman of the company, also effective November 09, 2025. He will now be designated as ‘Chairman and Managing Director’. He joined the company in 1981.
Recognition of K.M. Sheth’s Contribution
In recognition of his long and distinguished service, the Board has appointed K.M. Sheth as ‘Chairman Emeritus’ of the Company for life. This position is honorary.
Source: BSE
