BSECompany Update29 Sept 2026 · 29 Sept 2026, 12:57 pm
Disclosure of events/ information under Regulation 30 of SEBI (LODR), Regulations, 2015
Great Eastern Shipping Company Ltd · 500620
✦ AI SummaryRegulatory
Great Eastern Shipping Company Ltd has received review notices under Section 25 of Maharashtra Value Added Tax Act, 2002, for financial years 2013-14, 2014-15, 2016-17 and April 2017- June 2017, regarding treatment of charter hire of vessels / rigs under MVAT Act, 2002, exemptions granted under CST Act and taxing the charter-hire revenue at correct rates.
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Growth Catalyst1/10
Governance Concern1/10
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Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Great Eastern Shipping Company Ltd - 500620 - Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015
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Our Ref.: S/2026/SECL September 29, 2026
BSE Limited National Stock Exchange of India Limited
1st Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1,
Dalal Street, Bandra Kurla Complex, Bandra (East),
Mumbai – 400 001 Mumbai – 400 051
BSE Scrip code: 500620 Trading Symbol - GESHIP
Dear Sir/ Madam,
Sub: Disclosure of events / information under Regulations 30 of Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing
Regulations”).
Pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations and Industry
Standards Note on Regulation 30 of the SEBI Listing Regulations, we wish to inform you that
Greatship (India) Limited (‘GIL’), a wholly owned subsidiary of the Company has received
review notices under Section 25 of Maharashtra Value Added Tax Act, 2002.
The details as required under Regulation 30 of SEBI Listing Regulations read with SEBI Master
Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 and Industry
Standards Note on Regulation 30 of the SEBI Listing Regulations, is enclosed herewith as
Annexure “A’’.
You are requested to note the same.
Thanking You,
Yours faithfully,
For The Great Eastern Shipping Company Limited
Anand Punde
Company Secretary
Email ID: anand_punde@greatship.com
www.greatship.com
Annexure A
Details required under SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January
30, 2026 and Industry Standards on Regulation 30:
Sr. No. Particulars Details
a. Name of the listed company The Great Eastern Shipping Company Limited
b. Type of communication 8 Notices under Section 25 of Maharashtra Value
received Added Tax Act, 2002
c. Date of receipt of September 28, 2026
communication
d. Authority from whom Joint Commissioner of State Tax
communication received Nodal – 04, Mumbai 10
Department of Goods and Services Tax
Government of Maharashtra
e. Brief summary of the material Greatship (India) Limited (‘GIL’), a wholly owned
contents of the subsidiary of the Company, has received the 8
communication received, Notices of Review as aforesaid.
including reasons for receipt
Joint Commissioner of State Tax proposes to pass an
of the communication
order(s) of review for financial years 2013-14, 2014-
15, 2016-17 and April 2017- June 2017 u/s 25 of the
MVAT Act, 2002 r/w CST Act, 1956. The review is
proposed of the appeal / rectification orders passed
by the Deputy Commissioner of Sales Tax (Appeals),
Mumbai regarding treatment of the charter hire of
vessels / rigs under MVAT Act, 2002, exemptions
granted under CST Act and taxing the charter-hire
revenue at correct rates.
www.greatship.com
Vide the said Notices, the Joint Commissioner has
requested GIL to submit its objections, if any, against
such an order of review.
f. Period for which Financial years 2013-14, 2014-15, 2016-17 and April
communication would be 2017 – June 2017.
applicable, if stated
g. Expected financial Review notices have not computed tax liability /
implications on the listed demand. The aggregate tax liability on GIL, if any,
company, if any may or may not exceed the materiality threshold as
specified under SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015.
h. Details of any The review is proposed of the appeal / rectification
aberrations/non-compliances orders passed by the Deputy Commissioner of Sales
identified by the authority in Tax (Appeals), Mumbai regarding treatment of the
the communication charter hire of vessels / rigs under MVAT Act, 2002,
exemptions granted under CST Act and taxing the
charter hire revenue at correct rates. All the matters
are similar.
i. Details of any penalty or The Joint Commissioner proposes to charge the
restriction or sanction consequential interest as also to impose the
imposed pursuant to the consequential penalty as provided under section
communication 9(2) of CST Act r/w section 30 and section 29 of the
MVAT Act, respectively.
j. Action(s) taken by listed GIL will attend the matter and submit its written
company with respect to the objections in due course.
communication
k. Any other relevant _
information
www.greatship.com