Public Announcement - Buyback of Shares

August 31, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th floor, Dalal Street, Plot No. – C/1, G Block, Mumbai – 400 001 Bandra-Kurla Complex, Bandra (E) Scrip Code: 500620 Mumbai – 400 051 NSE Symbol: GESHIP Dear Sir/Ma’am, Subject: Submission of public announcement dated August 29, 2026 (“Public Announcement”) for the buyback of fully paid up equity shares of face value of INR 10/- (Indian Rupees Ten only) each (“Equity Shares”) by The Great Eastern Shipping Company Limited (“Company”) from the open market route pursuant to the provisions of the SEBI (Buyback of Securities) Regulations, 2018 (“Buyback Regulations”), as amended (“Buyback”) This is in furtherance to our letter dated August 27, 2026, informing the outcome of the Board meeting held on the same date that approved, inter alia, the Buyback of Equity Shares from the open market through stock exchange mechanism. In this connection, pursuant to Regulation 16(iv) of the Buyback Regulations, the Company has made a public announcement dated August 29, 2026 for the Buyback, which was published on August 31, 2026, in the newspapers mentioned below: Name of the newspaper Language and circulation Editions Business Standard English All Editions Business Standard Hindi All Editions Navshakti Marathi Mumbai Edition In this regard, we would like to submit the following documents: (1) Copy of the Public Announcement that has been published in the aforesaid newspapers (Annexure A); (2) A certified true copy of the resolution passed by the Board of Directors, on August 27, 2026, for approval of the Buyback (Annexure B). Further, as per the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and the Buyback Regulations, the copy of the Public Announcement would also be available on the websites of the Company, i.e., (www.greatship.com), the manager to the Buyback, Kotak Mahindra Capital Company Limited i.e. (https://investmentbank.kotak.com/), and the stock exchanges, BSE Limited i.e. (www.bseindia.com) and National Stock Exchange of India Limited i.e. (www.nseindia.com) www.greatship.com Kindly take the above information on record. Thanking you. Sincerely, For The Great Eastern Shipping Company Limited Anand Punde Company Secretary Email ID: anand_punde@greatship.com Tel: +91 8657538728 Enclosures: As above MUMBAI | MONDAY, 31 AUGUST 2026 Business Standard THE GREAT EASTERN SHIPPING COMPANY LIMITED Registered Office: Ocean House, 134/A, Dr Annie Besant Road, Worli, Mumbai 400018 « CIN: L35110MH1948PLC006472 BCH irae eR eee as reatship.com * E-mail: shares@greatship.com » Contact Person: Mr. Anand Punde — Company Secretary and Compliance Officer PUBLIC ANNOUNCEMENT FOR THE ATTENTION OF HOLDERS OF THE EQUITY SHARES OF THE GREAT (iv) The Buyback gives an option to the shareholders holding Equity Shares of the Sr. | Name of the Shareholder Number of % Shareholding EASTERN SHIPPING COMPANY LIMITED (THE “GOMPANY”) FOR THE BUYBACK Company {except the promoters, promoter group and the person in control of the No. Equity Shares | (on a fully diluted basis) OF EQUITY SHARES FROM THE OPEN MARKET THROUGH STOCK EXCHANGES Company), whe can choose fo participate and get cash in lieu of Equity Shares to be UNDER THE SECURITIES AND EXCHANGE BOARD OF INDIA (BUY-BACK OF accepted under the Buyback offer or they may choose not to participate and enjoy Promoters & Pr omoter Group SECURITIES) REGULATIONS, 2018, AS AMENDED. a resultant increase in returns on their shareholding, post the Buyback offer, without 3. | Laadki Trading and 61,54,981 4.31% This public announcement (the “Public Announcement’) is being made in relation to the any additional investment. Investments Limited Buyback (as defined hereinafter) of Equity Shares (as defined hereinafter) of the Company MAXIMUM AMOUNT REQUIRED UNDER THE BUYBACKAND ITS PERCENTAGE 4 | Sachin Mulji 10,55,000 0.74% from the open market through stock exchange mechanism, pursuant to the provisions OF THE TOTAL PAID-UP CAPITAL AND FREE RESERVES 5 _| Sangita Mulji 5,82,415 0.41% Sof e cuR re ig tu il ea s)t io Rn e gu1 l6 a( ti iv) o( nb s) , o 2f 01t 8h e (iS ne cc lu ur di it ni ge s ana yn d staE tx uc th ora yn ge mo diB fo ia cr ad ti ono (f s)I nd oi ra am(B eu ny d- mB ea nc tk ( s)of 3.1 The maximum amount of funds required for the Buyback will not exceed INR 6 | Kabir Mulji 5,29,615 0.37% 900,00,00,000/- (Indian Rupees Nine Hundred Crores only), excluding Transaction from time to time) (the “SEBI Buyback Regulations”) and contains the disclosures, as Costs. 7 _| Rosaleen Mulji 4,32,000 0.30% specified in Schedule IV read with Schedule | of the SEBI Buyback Regulations. 3.2 The Maximum Buyback Size represents 7.19% and 6.34% of the aggregate of the 8 _| Gopa Investments Co. Pvt. Ltd. 4,24,000 0.30% Certain figures contained in this Public Announcement, including financial information, Company's fully paid-up Equity Share capital and free reserves based on the audited 9 |K.M. Sheth 2,78,133 0.19% have been subject to rounding-off adjustments. All decimals have been rounded off to two decimal points. In certain instances, (i) the sum or percentage change of such numbers s 20t 2a 6n ,d al ro en se eca tn id elc yo ns (bo el ii nd ga te td f li an ta en sc ti al vas it la abt le em en at us to ef th se aC ndo am lp oa nn y ana ds o cf nM sa or lc ih at3 e1 d, 10 | Amita Ravi Sheth 1,83,808 0.13% may not conform exactly to the total figure given; and (ii) the sum of the numbers in a financial statements of the Company), and the same is within the prescribed limit 11 | Jyoti Bharat Sheth 1,37,796 0.10% column or row in certain tables may not conform exactly to the total figure given for that of 10% of the aggregate total pald-up Equity Share capltal and free reserves of the 12_ | Nisha Viraj Mehta 1,12,037 0.08% column or row. Further, certain numerical information in this Public Announcement has Company, based on both standalone and consolidated audited financial statements 13 | Rahul Ravi Sheth 1,08,521 0.08% been presented in ‘crore’. One crore represents 10 million, i.e. 10,000,000. of the Company as of March 31, 2026, under the Board approval route as per Section "Working Day” means any working day of the SEBI (as defined hereinafter). 68 and other applicable provisions of the Companies Act and Regulation 5 and other 14 | Nirja Bharat Sheth 1,05,317 0.07% applicable provisions of the SEBI Buyback Regulations. 15 | Arjun Ravi Sheth 50,040 0.04% BUYBACK OF EQUITY SHARES FROM THE OPEN MARKET THROUGH THE STOCK EXCHANGES. MAXIMUM NUMBER OF EQUITY SHARES THAT THE COMPANY PROPOSES 16 | Gopali Mulji - - TO BUY- BACK PART A _- DISCLOSURES IN ACCORDANCE WITH SCHEDULE | OF THE SEBI Total 4,29,36,248 30.07% BUYBACK REGULATIONS, 41 At the Maximum Buyback Price and the Maximum Buyback Size, the indicative ‘including shares held as trustee 1. DETAILS OF BUYBACK OFFER AND OFFER PRICE maximum number of Equity Shares bought back would be 58,82,352 (Fifty Eight Lakhs Eighty Two Thousand Three Hundred and Fifty Two) Equity Shares, 8.2 The aggregate shareholding of the directors of companies which are a part of the 41 Pursuant to the provisions of Article 65 of the Articles of Association of the Company representing 4.12% (which will not exceed 25%) of the total number of Equity Shares promoter and promoter group of the Co mpany: and the provisions of Sections 68, 69, 70 and all other applicable provisions, if any, of in the total paid-up Equity Share capital of the Company as of March 31, 2026 and @ Shareholding of directors of the promoter group (i.6., Laadki Trading and Investments the Companies Act, 2013 read with the Companies (Share Capital and Debentures) as on the date of the Board Meeting and Public Announcement. If the Equity Shares Limited) in the Company: Rules, 2014 and other relevant rules made thereunder, each as amended from time to are bought back at a price below the Maximum Buyback Price, t [Showing first 8,000 characters — download PDF for full document]