NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company29 Sept 2026 · 29 Sept 2026, 01:01 pm

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

The Great Eastern Shipping Company Limited · GESHIP

✦ AI SummaryLitigation

The Great Eastern Shipping Company Limited has informed the Exchange about disclosure of events / information under Regulations 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding review notices received by its wholly owned subsidiary, Greatship (India) Limited, under Section 25 of Maharashtra Value Added Tax Act, 2002.

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Earnings Impact1/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact1/10
Market Sentiment5/10

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The Great Eastern Shipping Company Limited has informed the Exchange about disclosure of events / information under Regulations 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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GESHIP_29092026130057_reg30gil.pdf

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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