Great Eastern Shipping Co. Ltd. — AGM Information 2025

Jul 3, 2025

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Our Ref.: S/2025/JMT

July 03, 2025

BSE Limited National Stock Exchange of India Limited

1st Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051

BSE Scrip code: 500620 Trading Symbol - GESHIP

Dear Sir,

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in compliance with circulars issued by Ministry of Corporate Affairs (‘MCA’), we hereby enclose copies of the Notice in respect of information pertaining to 77[th] Annual General Meeting of the Company scheduled to be held on Friday, August 01, 2025 through VC/OAVM published in the following newspapers:

• Business Standard (All editions)

• Sakal (Marathi)

We enclose herewith copies of the same for your information.

You are requested to take note of the above.

Thanking You,

Yours faithfully,

For THE GREAT EASTERN SHIPPING COMPANY LIMITED,

Anand Digitally signed by Anand Prabhak Prabhakar Punde ar Punde Date: 2025.07.03 16:35:43 +05'30' Anand Punde

Company Secretary

Email ID: anand_punde@greatship.com

www.greatship.com

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Buy-buy AI

Godrej’ssales,andisprojectedtocontributearound~250croreinrevenue overthenext2-3years.

Poweringtheshift

Underpinning this transformation are AI platforms from the world’s biggest tech players — AWS, Google Cloud, Microsoft Azure — combined with proprietary engines. Opensource tools like PyTorch and TensorFlow, and frameworks like LangChain (used for building training AI models and apps) are enabling Smart retail advanced use cases, including semantic search and AI agents. How AI is being used Returnoninvestment?“Upwards of40percentforearlyadopters,” Personalisedrecommendations: To saysNandi. comprehend buyer needs and AccordingtoGoogle,Myntra improve conversion rates leveragedGenAItoaddressthegap Chatbots and natural language inunderstandingsearchbehaviour processing: For customer services via innon-metroareas,where60per AI-powered chatbots and assistants centofthelifestyleandfashion Adaptive advertising: To searchesoccur. auto-adjust pricing based on “Leveraging Google AI, it translitcustomer behaviour erated high-volume English keywords into ‘Hinglish’ to better Augmented reality: AI-driven AR capture local search intent. This tools to enhance online shopping approach led to a 27 per cent drop in experience cost per order and 17 per cent higher Product tagging and cataloguing: return on ad-spend (ROAS), boosting Efficient inventory management Myntra’s expansion into non-metro by automating this process markets,” says Naren Kachroo, head, Visualsearch: To enable users to go-to-market for generative AI, search products based on images Google Cloud India. rather than text AIisreinventinghowproductsare marketedanddesigned. Sources: Nasscom, industry L’Oréal’s AI-powered platform, Noli, acts as a beauty matchmaker, Global AI spending analysing millions of skin profilesand product formulations to give in ecommerce users hyper-personalised recommendations. n spending ($ billion) spending ($ billion) 26.79 Meanwhile,Ajio’sVidbakertool convertsstaticproductimagesinto 21.54 dynamicvideoadsatscale—100plusvideosinanhour—resultingin improvedconversionsandhigher 17.33 ROAS.ZeptoisusingAI-poweredVeo Crafttoaddmotiontostaticimages, 13.94 cuttingcreativeproductiontimefrom 11.21 weekstohours. Evenluxuryretail—historically 9.01 waryofdigitaldilution—isbetting bigonAI. LVMH, home to Dior and Tiffany, is using agents to support sales associates with deep customer histories. Its AI tool, MaIA, processes 2025 2026 2027 2028 2029 2030 over 2 million internal requests per month and helps with product Note: 2026 onwards are projectionsSource: Precedence ResearchSource: Precedence Research design, pricing, and marketing personalisation. Arecurringthemeacrossretailers informationofficer,RaymondGroup. —large,mid,andsmall—isadecisive Virtualtry-ons,voice-basedshopshiftfrompilotstoproduction.“The ping,andpredictiveinventory scaleofautomationisexpandingdue modelsarenowstandardacrossits toAgenticAI,withthepotentialto 1,650storesthatarepresentin600 automate60percentoftheprocitiesandtowns. cesses,”saysDigvijayGhosh,partner, SinceintegratingAI,Raymondhas consumerproductsandretailatthe seena25percentriseinconversion consultancy,EY-Parthenon. rates(potentialcustomerswhoendup AI is part of retailers’ sales, marbuying)fromitsvirtualtry-on;a35per keting, HR, finance, customer sercentupliftincampaignperformance vices, and fulfilment operations. throughGenAIcontent;and20per Still, the journey is uneven. Accordcentbetterinventoryaccuracy. ing to EY, while 34 per cent of Indian “AIisnolongerjustanenabler.It’s enterprises have completed PoCs, amultiplier.Andbeyondmetrics,AI only 15 per cent have moved to ischanginghowretailersthink,”says scaled deployment. NandiofRakuten. Asretailersdigdeepintodatato Even categories like furniture knowwhatshopperswant,howmuch are leaning on AI to boost footfalls theyinvestinAIwilldependonits and sales. impactonsalesandbottomline.As AtGodrejInterio,AIisredefining KapoorofFlipkartputsit:“Thenext thewayIndiansbuyfurniture. chapterofecommercewillbeshaped “Imaginea‘productATM’—a24x7 byhowintelligentlyandquicklyplatdigitalkioskoutsideourstorewhere formsrespondtochangingconsumer customerscanconfigureandbuyfurandsellerneeds.” niture,”saysSwapneelNagarkar, In a world where your camera executivepresidentandbusiness can talk to you about footfall, where headatGodrejInterio. your favourite store knows your GodrejEnterpriseGrouphascomexact fit, and where a static image mitted~1,200croretoitsdigitaland can be reborn as a personalised ad, AIinitiativesoverthenext3–5years. the retail revolution is not just digiToolslikevisualsearchand3Drooms tal. It’s intelligent. And it’s only just allowcustomerstovisualisehowfurgetting started.

The concluding part of the series looks at how artificial intelligence is transforming every aisle with algorithms, from product discovery to logistics and marketing

Shelley Singh surveyofsmallretailersrevealedthat Smart retail New Delhi, 2 July 60percentofthemplantoadoptAI andMLby2030tostaycompetitive. How AI is being used Lastmonth,Frenchbeautygiant “Indianenterprisesaremoving Personalisedrecommendations: L’Oréalteamedupwithartificialintelfromcuriositytocommitmentwhen ligence(AI)powerhouseNvidiato itcomestoAI.Thenarrativehas comprehend buyer needs and improve conversion rates superchargeresearch,driveinnovashiftedfromasking,‘WhatcanAI tion,andscaleupAI-poweredads do?’,to,‘Howfastcanwescaleit?’” Chatbots and natural language andproductrecommendations. saysAnirbanNandi,headofAI,prod- processing: For customer services via Meanwhile,luxurytitanLVMHis uctsandanalytics,RakutenIndia, AI-powered chatbots and assistants leaningonAItorideoutsoftening subsidiaryoftheJapaneseecom- Adaptive advertising: To demandasitlookstoboostsales, mercetotechconglomerate,the auto-adjust pricing based on retaincustomersandcourtnewones, RakutenGroup. customer behaviour andstayaheadofshiftingtrends. Leadingretailersareembedding Augmented reality: AI-driven AR BothhopeAIcanreveal AIacrosstheiroperations: whattraditionaltech In-demandforecasting, tools to enhance online shopping doesn’t. frauddetection,dynamic experience “Retail has always been pricing,customersegmen- Product tagging and cataloguing: a data-rich industry, tation,andgenerativeconEfficient inventory management making it a natural fit for tentcreation. by automating this process AI innovation,” says MeeshousesAzure Visualsearch: To enable users to Dahnesh Dilkhush, execuOpenAItoimprovecussearch products based on images tive director, customer tomereffortscores(orease rather than text success, Microsoft India Bots & ofinteractingwiththeplatSources: Nasscom, industry and South Asia. So, Beyond form)by20percent.Quickretailers are increasingly commercecompany turning to it to unlock the PART-III BlinkitusesAItogenerate value in that data. recipesfromgroceryitems, Global AI spending AcrossIndia’sdiverse Retail boostingengagement.And in ecommerce retaillandscape—ranging Bengaluru-basedfashion fromdigital-firstcomecommercecompany n spending ($ billion) spending ($ billion) panieslikeFlipkart,Zepto,and MyntrahasMyFashionGPT,anassisMeeshotobrandslikeNike,Startanttodrivemulti-categorypur- 21.54 bucks,andevenheritageoneslike chases.Similarly,Bewakoof.com(an RaymondandGodrej—AIisreshapAdityaBirlaventure)isusingGoogle inghowconsumersshop,goods Cloud’sGenAIcapabilitiestoletusers 17.33 move,andbusinessesthink. designT-shirts. Whatwasonceaspacedominated Retailersarealsopickingupcon- 13.94 bybasicbusinesssoftware,point-ofversationsforintelligentinsights. 11.21 saletypeofsystems,andseasonal MessagingplatformGupshup’s 9.01 trendsisrapidlybecomingahigh-velseniordirector,globalmarketing,Varocityengineforreal-timeintellitikaVerma,saysbrandsnowmapcongence.Forofflineretailers,even versationsacrossthecustomer CCTVfootageisbeingscanned‘intellifecycleforaseamless,contextual ligently’tocomprehendfootfallsand experience.ClientslikeTataCliq,Flipwhatbuyersmaywant. kart,andUnileveruseGupshup’sconversationalAI.“Retailersareshifting 2025 2026 2027 2028 2029 AIthatfeelshuman frombasicbotstointelligent,preAtecommercemajorFlipkart,AI trainedAIagentsthatofferfast,endNote: 2026 onwards are projectionsSource: Precedence ResearchSource: Precedence Research doesn’tjustrecommend;itconverses, to-endsupportandintegratedirectly guides,andadapts. intobusinesssystems,”sheadds.

AtecommercemajorFlipkart,AI doesn’tjustrecommend;itconverses, guides,andadapts. “Whetheryou’respeaking,typing, orsnappingaphoto,ourmultimodal searchunderstandsyou.It’showwe bringintelligenceintotheeveryday experience,”saysSandhyaKapoor, seniorvice-presidentandheadofthe centralplatformatFlipkart. SheaddsthattoolslikeFlipkart’s skinanalyser,virtualtry-on,augmentedreality,andhyper-personalisedrecommendationsare enhancinguserexperienceandhelpingthemmakeinformedchoices. “We’veseena21percentincreasein productpurchasesthroughskin analyseralone.”

informationofficer,RaymondGroup. AIintheaisle Virtualtry-ons,voice-basedshopAI’sreachisn’tlimitedtoecommerce. ping,andpredictiveinventory Brick-and-mortarstores,too,are modelsarenowstandardacrossits turningintodatamines—bringing 1,650storesthatarepresentin600 online-levelintelligenceintophysical citiesandtowns. retailenvironments. SinceintegratingAI,Raymondhas Foundedin2015,StaquTechnoseena25percentriseinconversion logieshasdevelopedanAI-powered rates(potentialcustomerswhoendup audioandvideoanalyticsplatform, buying)fromitsvirtualtry-on;a35per JarvisGPT,which,itclaims,isableto centupliftincampaignperformance provideactionableinsightsfrom throughGenAIcontent;and20per CCTVfootage. centbetterinventoryaccuracy. “Retailerscantrackfootfalltrends, “AIisnolongerjustanenabler.It’s movementpatterns,heatmaps,and amultiplier.Andbeyondmetrics,AI evenoptimisestaffdeployment ischanginghowretailersthink,”says basedonlivein-storeactivity,”says NandiofRakuten. AtulRai,cofounderandCEO,Staqu. Even categories like furniture “Theplatformflagsanomaliesand are leaning on AI to boost footfalls thefts,turningsurveillancesystems and sales. intoproactivetoolsforbothoperAtGodrejInterio,AIisredefining ationsandsecurity.” thewayIndiansbuyfurniture. Thestartupsaystheplatformis “Imaginea‘productATM’—a24x7 beingusedbyRaymondstores,Stardigitalkioskoutsideourstorewhere bucks,BeingHuman,Porsche,and customerscanconfigureandbuyfurCrocs,besidesotherbrands. niture,”saysSwapneelNagarkar, executivepresidentandbusiness Rewiringlegacyretail headatGodrejInterio. Raymond,a100-year-oldbrand,has GodrejEnterpriseGrouphascomembracedAIwithrareagility. mitted~1,200croretoitsdigitaland “We’veadoptedafederated, AIinitiativesoverthenext3–5years. Cloud-nativestrategyusingAWS, Toolslikevisualsearchand3Drooms Azure,andGoogleAI,acrossretail, allowcustomerstovisualisehowfurhumanresource(HR),marketing, niturewilllookintheirhomes.The andmanufacturingfunctions,”says result:Tech-enabledfurniturenow RaviHudda,chiefdigitaland accountsfor30–35percentof

AI is helping Flipkart mimic human behaviour — auto-filling repeat orders, resolving delivery hiccups before customers notice, and enabling sellers in Tier-II cities with catalogue automation and price optimisation. “These are not just proof of concept (PoC) projects. They represent a combination of production-grade deployments and long-term foundational investments,” Kapoor says.

Curiositytocommitment

It’snotjustlargeretailerswhoare adoptingAItobuildefficiencies. Evenmicroandsmallretailerswant toinvestinAIandmachinelearning (ML),accordingtoChennai-based CloudsoftwarecompanyZoho.Its

vvvvvvvvvvvvvvvvvvvvvvvv ThewriterisaNewDelhi-based independentjournalist

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