Shareholders meeting

Ref: A10-SEC-BD-808-202/2026 Date: 26.08.2026 Listing Compliance Department The Manager - Listing Compliance BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, ‘Exchange Plaza’ C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai Mumbai – 400001. – 400051 BSE Scrip Code: 523598 NSE Trading Symbol: SCI Sub: 76th Annual Report for FY 2025-2026 Dear Sir/ Madam, This is further to our communication letter dated 13.08.2026, wherein the Company had informed the Stock Exchanges that the 76th Annual General Meeting of the Company is scheduled to be held on Wednesday, September 23, 2026 at 1200 Hours IST through Video Conferencing (VC)/ Other Audio-Visual Means(OVAM), in compliance with applicable provisions of the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) along with circulars issued by MCA/SEBI in this regard. In compliance with the Listing Regulations, we enclose herewith the 76th Annual Report of the Company including the Notice of 76th AGM and the Business Responsibility and Sustainability Report for the Financial Year 2025-26, which is being sent through electronic mode to only those Shareholders of the Company whose email addresses are registered with the Company/Depositories/RTA as on August 06, 2026. Further, in accordance with Regulation 36(1)(b) of the Listing Regulations, the Company is sending a letter to Shareholders whose e- mail addresses are not registered with Company/Depositories/RTA, providing the web link, including the exact path from where the said 76th Annual Report can be accessed on the Company’s website. The 76th Annual Report including the 76th AGM Notice and the Business Responsibility and Sustainability Report is also uploaded on the Company’s website at www.shipindia.com under ‘Financials  Annual Reports’ section. Submitted for your information, kindly take the same on your records. Thanking You, Yours Faithfully, For The Shipping Corporation of India Limited Smt. Swapnita Vikas Yadav Company Secretary and Compliance Officer INDIA MARITIME WEEK - 2025 GMIS @ INDIA MARITIME WEEK 2025 76th Annual Report 2025-2026 1 THE SHIPPING CORPORATION OF INDIA LIMITED VISION MISSION To serve India's overseas and coastal seaborne trade as its primary flag carrier, and be an important player in the field of global maritime logistics with focus on: X Maintaining its ‘Numero Uno’ position in Indian Shipping. X Establishing a major global presence in energy-related, dry bulk and niche container shipping markets. X Evolving reliable and cost-effective business models to exploit emerging opportunities in maritime and allied industries. X Achieving excellence in Quality, Occupational Health, Safety and Environmental Managememt Systems. OBJECTIVES The Shipping Corporation of India Limited works to fulfill its objective as mentioned below: s To provide its clientele safe, environmentally sustainable, reliable, efficient and quality shipping services, complying with all legal and other requirements. s To be an optimally profitable, viable, ethical and socially responsible commercial organization contributing to the national economy by securing a reasonable return on capital and serving the nation’s needs. s To own or acquire an adequate, well designed and efficient fleet to cater to the demand of global maritime trade through options like leasing, demise charter, joint ventures and other innovative financial measures. s To be a major player in India’s offshore and other marine activities and to continue to explore opportunities for diversification for steady growth of the Company. s To enhance competency and professionalism among its fleet and shore personnel through effective and dynamic Human Resource Management. s To continually improve its efficiency in process and technology, adopting various measures including E-governance and optimum use of Information Technology. s To minimize risks and environmental impacts for achieving Safety, Occupational Health and Environmental Performance. 2 The Shipping Corporation of India Limited INDEX CORPORATE INFORMATION 04 CHAIRMAN’S MESSAGE 05 BOARD OF DIRECTORS 12 LIST OF GENERAL MANAGERS 18 DECADE AT A GLANCE 19 GRAPHS 21 SALIENT STATISTICS 2025-26 23 NOTICE OF MEETING 24 DIRECTORS’ REPORT 54 ANNEXURE - I CORPORATE SOCIAL RESPONSIBILITY REPORT FOR THE YEAR ENDED 31ST MARCH, 2026 106 ANNEXURE - II BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT FOR THE YEAR ENDED 31ST MARCH, 111 2026 ANNEXURE - III FORM AOC-1 STATEMENT CONTAINING SALIENT FEATURES OF THE FINANCIAL STATEMENT 191 OF SUBSIDIARIES /ASSOCIATE COMPANIES / JOINT VENTURES ANNEXURE - IV FORM AOC-2 PARTICULARS OF CONTRACTS / ARRANGEMENTS ENTERED INTO WITH RELATED 193 PARTIES ANNEXURE - V REPORT OF THE DIRECTORS ON CORPORATE GOVERNANCE 194 FORM MR-3 AND ANNUAL SECRETARIAL COMPLIANCE REPORT FOR THE YEAR ENDED 31ST MARCH, 2026 245 CERTIFICATE OF NON-DISQUALIFICATION OF DIRECTORS REGULATION 34(3) 265 CERTIFICATE ON COMPLIANCE WITH THE CORPORATE GOVERNANCE REQUIREMENTS UNDER SEBI (LODR) 267 REGULATIONS, 2015 CERTIFICATE FROM PCS OF CORPORATE GOVERNANCE GUIDELINES ISSUED BY DPE 270 COMMENTS OF THE COMPTROLLER AND AUDITOR GENERAL OF INDIA 271 STANDALONE FINANCIAL STATEMENTS • INDEPENDENT AUDITORS’ REPORT 274 • ANNEXURES TO THE INDEPENDENT AUDITORS’ REPORT 282 • STANDALONE BALANCE SHEET AS ON 31ST MARCH 2026 298 • STANDALONE STATEMENT OF PROFIT & LOSS FOR THE YEAR ENDED 31ST MARCH 2026 300 • STANDALONE CASH FLOW STATEMENT 301 • STANDALONE STATEMENT OF CHANGES IN EQUITY 304 • NOTES TO FINANCIAL STATEMENTS ALONG WITH MATERIAL ACCOUNTING POLICY INFORMATION & CRITICAL 309 ACCOUNTING ESTIMATES AND JUDGEMENTS FOR THE YEAR ENDED 31ST MARCH 2026 CONSOLIDATED FINANCIAL STATEMENTS • INDEPENDENT AUDITORS’ REPORT 417 • ANNEXURES TO THE INDEPENDENT AUDITORS’ REPORT 427 • CONSOLIDATED BALANCE SHEET AS ON 31ST MARCH 2026 437 • CONSOLIDATED STATEMENT OF PROFIT & LOSS FOR THE YEAR ENDED 31ST MARCH 2026 439 • CONSOLIDATED CASH FLOW STATEMENT 441 • CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 444 • NOTES TO CONSOLIDATED FINANCIAL STATEMENTS ALONG WITH MATERIAL ACCOUNTING POLICY 449 INFORMATION & CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS FOR THE YEAR ENDED 31ST MARCH 2026 GLOSSARY 563 IRQS CERTIFICATE OF APPROVAL 573 76th Annual Report 2025-2026 3 CORPORATE INFORMATION BOARD OF DIRECTORS AS ON 19/08/2026 Capt. Binesh Kumar Tyagi Chief Financial Officer Chairman & Managing Director Smt. Charusheela L. Golapalli Shri Mukesh Mangal Company Secretary & Compliance Officer Smt. Swapnita Vikas Yadav Additional Secretary, MoPSW, Government Nominee Director STATUTORY AUDITORS: M/s PSD Associates and D. R. Mohnot & Co. were Rear Admiral Jaswinder Singh (Retd.) appointed as Statutory Auditors of the Director (Liner and Passenger Services) & Company for F.Y.2025-26. M/s PSD Associates Additional Charge of Director (Technical and D. R. Mohnot & Co. have also conducted And Offshore Services) limited review audits for Q1, Q2, and Q3 of FY 2025-26. Capt. Som Raj For Financial Year 2026-27, Company has not Director (Personnel and Administration) received letter of appointment of Statutory Auditors from C&AG. M/s PSD Associates and D. Shri Nitin Khamesra R. Mohnot & Co. have conducted limited review Director (Finance) audit for Q1 of FY 2026-27. Capt. Chandran Durai Daniel SECRETARIAL AUDITOR: Director (Bulk Carrier and Tankers) M/s. Upendra Shukla & Associates, Company Secretaries Smt. Bharati Raman Gotarna REGISTRAR TO AN ISSUE & SHARE TRANSFER Independent Director AGENTS: M/s Alankit Assignments Limited. Corporate office Address: 205-208, Anar Kali Complex, Jhandewalan Extension New Delhi-110055, INDIA Correspondence Address: Alankit House, 4E/2 Jhandewalan Extension, New Delhi - 110055 Tel: + 91-11-42541234 Email: rta@alankit.com Website: www.alankit.com REGISTERED OFFICE OF THE COMPANY Shipping House, 245, Madame Cama Road, Mumbai 400021. 4 The Shipping Corporation [Showing first 8,000 characters — download PDF for full document]