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Great Eastern Shipping Co. Ltd. Capital/Financing Update 2023

Jan 10, 2023

59079_rns_2023-01-10_ba589631-1842-48d9-a966-c2800abcaf2a.pdf

Capital/Financing Update

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Our Ref.: S/2023/JMT

January 10, 2023

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,

We wish to inform you that Greatship (India) Limited (GIL), a wholly owned subsidiary of the Company has signed a contract to buy a 2007 built 80T Anchor Handling Tug cum Supply Vessel (AHTSV). The vessel is expected to join GIL’s fleet during Q4FY2023.

A Press Release to be issued in this connection is enclosed.

You are requested to take note of the above.

Thanking You,

Yours faithfully,

For The Great Eastern Shipping Co. Ltd.

JAYESH Digitally signed by: JAYESH M TRIVEDI M DN: CN = JAYESH M TRIVEDI C = IN TRIVEDIO = Personal Date: 2023.01.10 14:31:32 +05'30' Jayesh M. Trivedi

President (Secl. & Legal) & Company Secretary

www.greatship.com

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PRESS RELEASE

Greatship (India) Limited contracts to buy one Anchor Handling Tug cum Supply Vessel

Greatship (India) Limited (GIL), a wholly owned subsidiary of The Great Eastern Shipping Company Limited, has signed a contract to buy a 2007 built 80T Anchor Handling Tug cum Supply Vessel (AHTSV). The vessel is expected to join the Company’s fleet during Q4FY2023.

GIL and its subsidiaries currently own and operate four PSVs, eight AHTSVs, two MPSSVs, four R-class Supply Vessels and four Jack up Rigs.

Place: MUMBAI Date: January 10, 2023

-----------------------------------------visit us at www.greatship.com---------------------------------------

For further details, please email us at: [email protected]

www.greatship.com