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Essar Shipping Ltd Interim / Quarterly Report 2021

Feb 10, 2022

60311_rns_2022-02-10_dbf808d4-f4f7-4ba1-8624-6f195d0736dc.pdf

Interim / Quarterly Report

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Date : 10[th] February, 2022

The Manager Listing Department BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001 Fax: +91 22 2272 2082/3132 BSE Code: 533704

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Essar Shipping Limited Essar House 11 K.K.Marg Mahalaxmi Mumbai- 400 034

Corporate Identification Number L61200GJ2010PLC060285 T + 91 22 6660 1100 F + 91 22 2354 4312 www.essar.com

The Manager The Manager Bandra Kurla Complex Bandra Kurla Complex “Exchange Plaza” “Exchange Plaza” National Stock Exchange of India Limited National Stock Exchange of India Limited Listing Department Wholesale Debt Department Bandra (E) Bandra (E) Fax: +91 22 2659 8237/38 Fax: +91 22 2659 8237/38 Mumbai – 400 051 Mumbai – 400 051 NSE Code: ESSARSHPNG NSE Code: ESSARSHPNG

Sub: Newspaper Publication of Unaudited Financial Results for quarter and nine months ended 31[st] December, 2021.

Dear Sir/Madam,

As per the requirement of Regulation 47 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements), enclosed herewith is the copy of the Newspaper Publication of Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended 31[st] December, 2021 published in Business Standard and Jai Hind on 10[th] February, 2022.

For Essar Shipping Limited

NISHA Digitally signed MANOJ by NISHA MANOJ BARNWA BARNWAL Date: 2022.02.10 L 12:02:13 +05'30' Nisha Barnwal Company Secretary and Compliance Officer ACS: A66804

Encl: A/a

Essar Shipping Limited

Registered Office: EBTSL Premises, ER-2 Building (Admn Bldg), Salaya, 44 KM, P.O. Box No.7, Taluka Khambalia, Devbhumi Dwarka,Gujarat-361305 T +91 2833 661444 F +91 2833661366

STEEL | ENERGY | INFRASTRUCTURE | SERVICES

9

AHMEDABAD | THURSDAY, 10 FEBRUARY 2022

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STATE BANK RACPC, 2nd Floor, State Bank Bhavan, OF INDIA Opp. Panjarapole, Ghod Dod Road, Surat E-mail - [email protected] Notice u/s 13(2) of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

Dear Sir(s), Mrs. Monali Pratik Patel (Borrower), 2. Mr. Pratik Dipak Patel (Co-borrower) Both at : A 702, 7th Floor, Sangath Residency, Near Agam Shopping Centre, Canal Road, Vesu, Surat-395007. Availed Credit Facilities from State Bank of India, Bhimrad Branch – 19092, SURAT . The Credit facilities are secured by mortgage of the following assets.

Description of Property

All those piece & parcel to the immovable property bearing Flat No. 702, 7th Floor, Building No. A, Known as “Sangath Residency”, Old Revenue Survey No. 432 & 435/2, New Revenue Survey No. 308/2 & 247/2, T.P. Scheme No. 6(Vesu), F.P. No. 7 & 8 admeasuring 85.90 square meters of Village: Vesu, District:Surat. Youcreatedmortgageoftheaboveproperty.Asyoufailedtoadheretotheterms of the sanction ((1) SBI Home Loan Ac no. 37594387452 (Sanctioned Limit Rs.18,64,000/-) , (2) SBI Home Top-up OD Ac no .37740214166 (Sanctioned Limit Rs 28,69,000/-) & (3) SBI Suraksha Loan Ac no. 37594409319 (Sanctioned Limit Rs.1,31,000/-)) the account is now irregular and the debt has been classified as Non-performing asset on 29.01.2022, in accordance with the directives/guidelines relating to asset classification issued by the Reserve Bank of India consequent to the default committed by you in repayment of principal debt and interest thereon. Therefore, the bank hereby calls upon you u/s 13(2) of the SARFAESI Act, 2002 by issuing this Demand Notice No. RACPC/SURAT/3911-19/37594387452/37740214166 dated 07.02.2022 as the notice sent to above mentioned address was returned undelivered. Your outstanding liabilities (in aggregate) due and owing to the bank is sum of (1) Rs.19,88,995 (Rupees Nineteen Lakh Eighty Eight Thousand Nine Hundred Ninety Five Only) in Home Loan Ac no 37594387452, (2) Rs.29,47,934/- (Rupees Twenty Nine Lakh Forty Seven Thousand Nine Hundred Thirty Four Only) in Home Top-up OD Ac no 37740214166 & (3) Rs.1,26,464/- (Rupees One Lakh Twenty Six Thousand Four Hundred Sixty Four Only) in SBI Suraksha Loan Ac no. 37594409319. Total of all loan is Rs. 50,63,393/- (Rupees Fifty Lakh Sixty Three Thousand Three Hundred Ninety Three Only) as on 07.02.2022 plus un applied interest w.e.f 08.02.2022 and unrealized interest with further interest and incidental expenses, costs. etc. within 60 days from the date of this notice falling which the undersigned may be constrained to initiate action under the said act to enforce the aforesaid securities.

Date : 07/02/2022 Sd/- Authorized Officer & Chief Manager, Place : Surat State Bank of India, RACPC SURAT.

BusinessStandard AHMEDABAD EDITION

Printed and Published by Himanshu S Patwa on behalf of Business Standard Private Limited and printed at M/S Bhaskar Printing Press, Survey No 148-P, Near Nagdevta Mandir, Bavla Highway, Sanand Dist. Ahmedabad and published at Business Standard Private Limited, C/o. Regus, Ratnakar 9 Square, No.1109, 11th Floor, Block-A, Keshavbaug, Vastrapur, Ahmedabad - 380015.

Editor : Shailesh Dobhal

RNI NO. GUJENG/2001/4577 Readers should write their feedback at [email protected] Ph. 079-26577772, Fax :+91-79-26577728

Surat Main - II Brach

UG - 1,2 & 3, Tirupati Plaza, Beside Bahumali Building, Nr. Athwagate, Nanpura, Surat - 395001, Tel.0261-2474069/2475206, Email : bm0538@unionbanko�ndia.com

DEMAND NOTICE UNDER SEC.13 (2)

Ref No.: OR/05381/13(2)/053830100015188 Date: 14.09.2021

To,

Mr. Nagocha Lalji M (Borrower) : Add : 20-Ashirwad Banglows, Near Madhusudan Row House, Godadara Surat - 394520, Dist : Surat, Gujarat - India Also Residing At : Plot No. B-44 (B-Type), Shree Vir Vinayak Residency, Mankana, Tal : Kamrej, Dist.Surat E-420, Shangar Place, Trikam Nagar-2, Lambe Hanuman Road, Surat City, Bombay Market, Surat - Gujarat - 395010 Mr. Nilesh M. Nagocha (Co-Borrower) : Add : 20-Ashirwad Banglows, Near Madhusudan Row House, Godadara Surat - 394520, Dist : Surat, Gujarat - India Also Residing At : E-420, Shangar Place, Trikam Nagar-2, Lambe Hanuman Road, Surat City, Varachha Road, Surat - Gujarat - 395010 Sir/Madam,

SUB: Enforcement of Security Interest Action Notice -In connection with the credit facilities enjoyedByyouwithourSuratMain-IIBranch- Classi�edasNPA We have to inform you that your account/accounts namely, Nagocha Lalji M (Account No.053830100015188) has been classi�ed as NPA account as on 29-05-2021 pursuant to your default in making repayment of dues/instalment/interest. As on 3108-2021 , a sum of Rs.15,02,203.38 (Rupees Fifteen Lacs Two Hundred Three and Thirty Eight Paise only) inclusive of interest charged upto 31-08-2021 is outstanding inyouraccountsasshownbelow:

Total Outstanding Nature of Loan Sanctioned Date of Exciting (incl. of int. charged upto facility (in Rs.) NPA ROI 31-08-2021) (in Rs.) Housing Loan 14,00,000.00 29/05/2021 7.35% 15,02,203.38 Total 14,00,000.00 15,02,203.38 In spite of our repeated demands, you have not discharged your liabilities your liabilities infull.

We do hereby call upon you in terms of section 13(2) of the Securitisation and Reconstruction of Financial Assets and enforcement of Security Interest Act, 2002, to pay a sum of Rs.15,02,203.38 (Rupees Fifteen Lacs Two Thousand Two Hundred Three and Thirty Eight Paise only) inclusive of interest charged upto 31-08-2021 together with interest at the contractual rate as per the terms and conditions of loan documents executed by you and discharge your liabilities in full within 60 days from the date of receipt of this notice, failing which, we shall be constrained to enforce the following securities created by you in favour of the bank by exercising any or all of the rightsgivenunderthesaidAct. DETAILS OF THE SECURED ASSETS: Immovable property bearing Plot. No.44(B Type) with construction on it,(As per passing Plot No.B-44) adm.53.37 sq.mtrs. As per Village form No.7/12 in Shree Vir Vinayak Residency with all appurtenances pertaining thereto, standing on Land bearing R.S.No.116/ 2, Block No.118. lying, being and situated at. Vill:Mankana, Tal.Kamrej. Dist.Surat, Sub-Dist:Kamrej standing in the name of Mr.Laljibhai Mathurbhai Nagocha Bounded by East : Plot No.B/53 West: Adj. Society's Road, North : Plot No. B-45 South : PlotNo.B-43

For Subscription and Circulation enquiries please contact: Ms. Mansi Singh Head-Customer Relations Business Standard Private Limited. H/4 & I/3, Building H,Paragon Centre, Opp. Birla Centurion, P.B.Marg, Worli, Mumbai - 400013 E-mail: [email protected] “or sms, REACHBS TO 57575 DISCLAIMER News reports and feature articles in Business Standard seek to present an unbiased picture of developments in the markets, the corporate world and the government. Actual developments can turn out to be different owing to circumstances beyond Business Standard’s control and knowledge. Business Standard does not take any responsibility for investment or business decisions taken by readers on the basis of reports and articles published in the newspaper. Readers are expected to form their own judgement. Business Standard does not associate itself with or stand by the contents of any of the advertisements accepted in good faith and published by it. Any claim related to the advertisements should be directed to the advertisers concerned. Unless explicitly stated otherwise, all rights reserved by M/s Business Standard Pvt. Ltd. Any printing, publication, reproduction, transmission or redissemination of the contents, in any form or by any means, is prohibited without the prior written consent of M/s Business Standard Pvt. Ltd. Any such prohibited and unauthorised act by any person/legal entity shall invite civil and criminal liabilities. No Air Surcharge

1]Please note that if you fail to remit the dues within 60 days and if Bank exercises all its rights under this Act and if the dues are not fully satis�ed with the sale of proceeds of the secured assets, we shall be constrained to take appropriate legal action against you in a court of law/Debt Recovery Tribunal for recovery of the balance amount from you. 2]As per sec.13 (13) of the Act, on receipt of this notice you are restrained from disposing of or dealing with the above securities except in the usual course of business without the consent of the Bank. Please note any violation of this section entailsseriousconsequences. 3]Your kind attention is invited to provisions of sub-section (8) of Section 13 of the SARFAESIinrespectoftimeavailable,toredeemthesecuredassets. Yours Faithfully, Date - 14-09-2021 | Place - Surat Authorized Of�cer

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