Kotak Mahindra Capital Company Ltd ("Manager to the Buyback") has submitted to BSE a copy of Public Announcement for the attention of holders of the Equity Shares of Great Eastern Shipping ....

THE GREAT EASTERN SHIPPING COMPANY LIMITED Registered Office: Ocean House, 134/A, Dr Annie Besant Road, Worli, Mumbai 400018 • CIN: L35110MH1948PLC006472 Tel: +91 22 66613000 • Website: www.greatship.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 “COMPANY”) 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), who can choose to 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 & Promoter 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 3. MAXIMUM AMOUNT REQUIRED UNDER THE BUYBACK AND 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% of Regulation 16(iv)(b) of the Securities and Exchange Board of India (Buy-Back of 3.1 The maximum amount of funds required for the Buyback will not exceed INR Securities) Regulations, 2018 (including any statutory modification(s) or amendment(s) 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 I 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 standalone and consolidated financial statements of the Company as of March 31, decimal points. In certain instances, (i) the sum or percentage change of such numbers 10 Amita Ravi Sheth 1,83,808 0.13% 2026, respectively (being the latest available audited standalone and consolidated 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 paid-up Equity Share capital 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 been presented in ‘crore’. One crore represents 10 million, i.e. 10,000,000. 13 Rahul Ravi Sheth 1,08,521 0.08% 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% BUYBACK OF EQUITY SHARES FROM THE OPEN MARKET THROUGH THE STOCK applicable provisions of the SEBI Buyback Regulations. 15 Arjun Ravi Sheth 50,040 0.04% EXCHANGES. 4. MAXIMUM NUMBER OF EQUITY SHARES THAT THE COMPANY PROPOSES 16 Gopali Mulji - - PART A - DISCLOSURES IN ACCORDANCE WITH SCHEDULE I OF THE SEBI TO BUY- BACK Total 4,29,36,248 30.07% BUYBACK REGULATIONS. 4.1 At the Maximum Buyback Price and the Maximum Buyback Size, the indicative *including shares held as trustee maximum number of Equity Shares bought back would be 58,82,352 (Fifty 1. DETAILS OF BUYBACK OFFER AND OFFER PRICE 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 1.1 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 Company: 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 (i) Shareholding of directors of the promoter group (i.e., 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, the actual number time (the “Companies Act”) (including any statutory amendment(s), modification(s) of Equity Shares bought back could exceed the Maximum Buyback Shares but will Sr. Name of the Director Number of % Shareholding or re-enactments from time to time), the provisions of the SEBI Buyback Regulations, always be subject to the Maximum Buyback Size. No. Equity Shares (on a fully diluted basis) the Securities and Exchange Board of India (Listing Obligations and Disclosure 1 Amita Ravi Sheth 1,83,808 0.13% Requirements) Regulations, 2015, as amended (“SEBI LODR Regulations”) 4.2 In terms of Regulation 15(i) of the SEBI Buyback Regulations, the Company shall (including any statutory amendment(s), modification(s) or re-enactments from time utilize at least 75% of the amount earmarked as the Maximum Buyback Size for the 2 Rahul Ravi Sheth 1,08,521 0.08% to time), and subject to such other approvals, permissions, consents, sanctions and Buyback, i.e. INR 675,00,00,000/- (Indian Rupees Six Hundred and Seventy Five 3 Ankit Mamniya - 0.00% exemptions of Securities and Exchange Board of India (“SEBI”), the stock exchanges Crores only). Based on the Minimum Buyback Size and Maximum Buyback Price, 4 Rajesh Bhatt - 0.00% on which the equity shares of the Company are listed (the “Stock Exchanges”), the Company would purchase a minimum of 44,11,764 (Forty Four Lakhs Eleven Ministry of Corporate Affairs (“MCA”), Registrar of Companies (the “RoC”) and/ Thousand Seven Hundred and Sixty Four) Equity Shares. Total 2,92,329 0.21% or other authorities, institutions or bodies (together with SEBI, Stock Exchanges, 4.3 In terms of Regulation 15(ii) of the SEBI Buyback Regulations, the Company (ii) Shareholding of directors of the promoter group (i.e., Gopa Investments Co. Pvt Ltd) MCA, and RoC, the “Appropriate Authorities”), as may be necessary, and subject shall utilize a minimum of 40% of the amount earmarked for the Buyback i.e., INR in the Company: to such conditions, alterations, amendments and modifications, if any, as may be 360,00,00,000/- (Indian Rupees Three Hundred and Sixty Crores only) within the Sr. Name of the Director Number of % Shareholding prescribed or imposed by the Appropriate Authorities, while granting such approvals, initial half of the Maximum Buyback Period. No. Equity Shares (on a fully diluted basis) permissions, consents, sanctions and exemptions which may be agreed to by the 4.4 The actual number of Equity Shares bought back during the Buyback period will Board o [Showing first 8,000 characters — download PDF for full document]