Communication with regard to Tax Deduction at Source (TDS) on Dividend is attached.

THE GREAT EASTERN SHIPPING COMPANY LIMITED CIN: l351 JOMH1948PLC006472 OCEAN HOOSE, 134/A, Dt Annie Besant Road, \11:lrli, Mumbai -400 016, INDIA. Tel.: +91(22) 6661 3000 / 2492 2100 Fax: +91(22) 2492 5900 Our Ref: SH/SE/AUG/2026 August 3, 2026 BSE Ltd. National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot No C/1, Dalal Street G Block, Bandra-Kurla Complex, MUMBAI -400 001 Bandra (E), Mumbai – 400051 Scrip Code: 500620 Symbol – GESHIP Dear Sirs, Sub: Communication with regards to Tax Deduction at Source (TDS) on dividend. Please find enclosed communication being sent to the shareholders in connection with deduction of Income-tax at source on dividend and submission of documents for claiming applicable relief under the Income-tax Act, 2025 or under the relevant Double Taxation Avoidance Agreement. This is for your information and records. Thanking you, Yours faithfully, For The Great Eastern Shipping Company Limited Anand Punde Company Secretary Email Id: anand_punde@greatship.com Encl: As above. www.greatship.com THE GREAT EASTERN SHIPPING COMPANY LIMITED CIN: l351 JOMH1948PLC006472 OCEAN HOOSE, 134/A, Dt Annie Besant Road, \11:lrli, Mumbai -400 016, INDIA. Tel.: +91(22) 6661 3000 / 2492 2100 Fax: +91(22) 2492 5900 August 3, 2026 The Equity Shareholders The Great Eastern Shipping Company Limited Dear Sir/Madam, Sub: Communication with regards to Tax Deduction at Source (TDS) on dividend. This is to inform you that the Board of Directors of the Company has declared interim dividend of Rs. 14.40 per equity share for the financial year 2026-27. As per the Provisions of the Income-tax Act, 2025, we are required to deduct Income-tax at source (TDS’)/withholding tax in terms of section 393 of the Income tax Act, 2025, at the time of paying the aforesaid interim dividend. The rate of TDS/Withholding tax rate would vary depending on the residential status of each shareholder and the documents submitted by the shareholder and found to be in order by the Company. The aforesaid interim dividend will be paid after deducting TDS / withholding tax in the following manner: In the case of Resident Shareholders 1) Where the resident individual shareholder holds a valid Permanent Account Number (PAN) and the PAN is linked with his/her Aadhar: a) Income-tax shall be deducted at source under section 393(1) of the Income-tax Act @ 10% on the amount of dividend payable. b) Income- tax shall not be deducted at source in the case of a resident individual shareholder, i) the dividend paid to an individual in aggregate during the tax year does not exceed Rs. 10,000; or ii) an individual shareholder, who is less than 60 years of age, submits a duly filled and signed Form No. 121, which is acceptable to the company. Form No.121 would not be valid if the dividend payable to the shareholder in a tax year exceeds the maximum amount which is not chargeable to tax. www.greatship.com THE GREAT EASTERN SHIPPING COMPANY LIMITED CIN: l351 JOMH1948PLC006472 OCEAN HOOSE, 134/A, Dt Annie Besant Road, \11:lrli, Mumbai -400 016, INDIA. Tel.: +91(22) 6661 3000 / 2492 2100 Fax: +91(22) 2492 5900 iii) the individual shareholder, who is of 60 years or more, provides a duly filled and signed Form No.121 which is acceptable to the company. The format of Form No.121 is available on the websites of the Company www.greatship.com Please note that all fields mentioned in the Form are mandatory and the Company will not consider the forms submitted if they do not fulfil the requirement of the law. 2) Where the PAN is either not available or is invalid, TDS shall be deducted at the higher rate of 20% plus surcharge and education cess (as applicable). 3) Income tax shall not be deducted on the dividend payable to the following resident non- individuals where they provide details and documents on or before August 7, 2026, to the Company’s Registrar and Share Transfer Agents (RTA’) viz., KFin Technologies Limited ➢ Insurance Companies: Subject to Self-declaration that it has full beneficial interest with respect to the ordinary shares owned by it along with self-attested copy of PAN card and certificate of registration with Insurance Regulatory and Development Authority (IRDA)/ LIC/ GIC. ➢ Alternative Investment Fund (AIF): Subject to Self-declaration that its income is exempt under section 11 read with Schedule V (Sr.No. 1) of the Income-Tax Act, 2025 and it is registered with SEBI as Category I or Category II AIF along with self-attested copy of the PAN card and certificate of AIF registration with SEBI ➢ Mutual Fund: Subject to Self-declaration that it is registered with SEBI and is notified under Section 11 read with Schedule VII (Sr. No.20) of the Income-Tax Act, 2025 along with self-attested copy of PAN card and certificate of registration with SEBI. ➢ Other non-individual shareholders as may be specified by the Central Government: Self-attested copy of documentary evidence supporting the exemption along with self- attested copy of PAN card. For Non-resident Shareholders 4) Tax shall be deducted at source in accordance with the provisions of the Income-tax Act at the applicable rates in force. www.greatship.com THE GREAT EASTERN SHIPPING COMPANY LIMITED CIN: l351 JOMH1948PLC006472 OCEAN HOOSE, 134/A, Dt Annie Besant Road, \11:lrli, Mumbai -400 016, INDIA. Tel.: +91(22) 6661 3000 / 2492 2100 Fax: +91(22) 2492 5900 5) As per the provisions of the Act, a non-resident shareholder can opt to be governed by the provisions of the Double Tax Avoidance Treaty (DTAA/Tax Treaty) between India and the country of tax residence of the shareholder, if the provisions of such DTAA/Tax Treaty are more beneficial to them. In order to avail the DTAA/Tax Treaty benefits, the non-resident shareholder is required to furnish the following documents on or before August 7, 2026 to the RTA viz., KFin Technologies Limited. a) Self-attested copy of Permanent Account Number (PAN), if allotted by the Indian Income Tax Authorities; or b) Self-attested Tax Residency Certificate (TRC) issued by the tax authorities of the country of which shareholder is a tax resident, evidencing and certifying the shareholder’s tax residency status during the Tax Year 2026-2027. c) Self-declaration in Form No. 41 filed electronically on the Indian Income-tax department’s website. d) Self-declaration by shareholder of being eligible for claiming benefit of the relevant Tax Treaty entered into by India in the prescribed format available on the website of the Company : www.greatship.com. e) No Permanent Establishment (PE) Declaration in the prescribed format available on the website of the Company: www.greatship.com. f) In case of Foreign Institutional Investors and Foreign Portfolio Investors, copy of SEBI registration certificate. g) In case of a shareholder being tax resident of Singapore who wants to claim tax treaty benefit, should furnish a declaration that the requirement of Article 24 – Limitation of Relief of the India-Singapore tax treaty must be provided. 6) The Company is under no obligation to apply the beneficial DTAA tax rate at the time of tax deduction/withholding on dividend amounts as the application of beneficial DTAA tax rate depends upon the completeness and satisfactory review by the Company of the documents submitted by the concerned Non-Resident shareholder. 7) As per Section 390 read with Rule 203 of the Income Tax Rules 2026, if the dividend income on which tax has been deducted at source is assessable in the hands of a person other than the deductee, then such deductee should file a declaration with the Company and its RTA in the www.greatship.com THE GREAT EASTERN SHIPPING COMPANY LIMITED CIN: l351 JOMH1948PLC006472 OCEAN HOOSE, 134/A, Dt Annie Besant Road, \11:lrli, Mumbai -400 016, INDIA. Tel.: +91(22) 6661 3000 / 2492 2100 Fax: +91(22) 2492 5900 manner prescribed in the Rules on or before August 7, 2026. Such declaration should be in the prescribed format available on the w [Showing first 8,000 characters — download PDF for full document]