appointment of additional director in the category of non executive independent director

Date: 14th October, 2026 Department of Corporate Services, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Company Scrip Code: 526508 Sub.: Outcome of Board Meeting held on 14 October 2026 pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company, at its meeting held on Wednesday, 14 October 2026, which commenced at 03:30 p.m. and concluded at 4:30 p.m., has considered and approved the following matter: Appointment of Ms. Reshma Ram Sanjivan Yadav (DIN: 11766638) as an Additional Director in the category of Non executive independent director The Board of Directors has approved the appointment of Ms. Reshma Ram Sanjivan Yadav (DIN: 11766638) as an Additional Director in the category of Non executive independent director of the Company with effect from 14 October 2026, subject to the approval of the shareholders of the Company, wherever applicable, and fulfilment of the applicable statutory requirements. The appointment is based on the recommendation of the Nomination and Remuneration Committee, wherever applicable, and is subject to receipt and verification of the requisite declarations, consents and other documents under the Companies Act, 2013 and the SEBI (LODR) Regulations, 2015. The requisite details pursuant to Regulation 30 read with the applicable SEBI circulars are enclosed as Annexure A to this outcome. The meeting commenced at 03:00 p.m. and concluded at 4:30 p.m. You are requested to take the above information on record. This is for your information and record. Thanking You. Yours faithfully For SHAHI SHIPPING LIMITED SARVESH KUMAR SHAHI Managing Director DIN: 00359535 Annexure A Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the applicable SEBI circulars, regarding the appointment of an Independent Director Particulars Details Reason for change Appointment of Ms. Reshma Ram Sanjivan Yadav as an Independent Director. Name of Director Ms. Reshma Ram Sanjivan Yadav DIN 11766638 Date of appointment 14 October 2026 Term of appointment Appointed as an Additional Director to hold office up to the next General Meeting. Brief profile Attached as an ‘Annexure B’ Disclosure of relationships between Not related directors The Company shall confirm and disclose the applicable declarations and Information required confirmations, including eligibility and non-debarment, based on documents under SEBI circulars received from the appointee. We hereby confirm that the above Director being appointed is not debarred from holding office as a Director, by virtue of any SEBI order or any other authorities as required under the circular issued by the Stock Exchanges. Annexure B’ BRIEF PROFILE: Ms. Reshma Ram Sanjivan Yadav Ms. Reshma Ram Sanjivan Yadav is a dedicated and enthusiastic individual with a solid academic foundation, having completed her Intermediate education. While her formal education may not be in specialized business fields, she brings a fresh perspective and a strong desire to learn and contribute meaningfully to the corporate world. In her journey so far, Ms. Reshma Ram Sanjivan Yadav has demonstrated exceptional interpersonal skills, adaptability, and a deep commitment to personal and professional growth. She has cultivated a reputation for being a reliable and objective thinker, particularly when it comes to problem-solving and decision-making. Her eagerness to expand her horizons and her ability to approach challenges with an open mind make her an ideal candidate for the position of Non-Executive & Independent Director. With her diverse outlook and passion for corporate governance, Ms. Reshma Ram Sanjivan Yadav is keen on ensuring transparency, integrity, and sound decision-making within the company. Her impartiality and independent viewpoint will be valuable assets to the Board, particularly when it comes to strategy formation, ensuring compliance, and maintaining high ethical standards. Ms. Reshma Ram Sanjivan Yadav is excited to bring her skills and energy to the company, where she looks forward to learning from experienced professionals and contributing to the organization’s long-term success and growth. Her fresh approach, combined with her enthusiasm and dedication, positions her as a potential asset to the company’s governance framework.