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Great Eastern Shipping Co. Ltd. Capital/Financing Update 2025

Dec 23, 2025

59079_rns_2025-12-23_0302287e-642b-4ef6-b148-d184c6b3a1be.pdf

Capital/Financing Update

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Our Ref.: S/2025/SEC

December 23, 2025

BSE Limited 1st Floor, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001

National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051

BSE Scrip code: 500620

Trading Symbol - GESHIP

Dear Sir,

Further to our letter dated September 15, 2025, we wish to inform you that the Company has delivered its 2005 built Suezmax Crude Tanker “Jag Lok” to the buyers. The vessel was contracted for sale in September 2025.

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 Company Limited

Anand Digitally signed by Anand Prabhak Prabhakar Punde Date: 2025.12.23 ar Punde 12:11:01 +05'30'

Anand Punde

Company Secretary

Email ID: [email protected]

www.greatship.com

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PRESS RELEASE

G E Shipping delivers its 2005 built Suezmax Crude Tanker

“Jag Lok”

The Great Eastern Shipping Company Limited (G E Shipping) delivered its 2005 built Suezmax Crude Tanker “Jag Lok” to the buyers. The vessel was contracted for sale in September 2025.

After this transaction, the company’s current owned fleet stands at 39 vessels, comprising 25 tankers (5 Crude Tankers, 16 Product Tankers, 4 LPG Carriers) and 14 Dry Bulk Carriers (2 Capesize, 10 Kamsarmax, 2 Supramax), aggregating 3.17 mn dwt.

Additionally, the company has contracted to buy one secondhand Very Large Gas Carrier, one secondhand Ultramax Dry Bulk Carrier and sell one Kamsarmax Dry Bulk Carrier “Jag Aarati”. These purchase and sale transactions are expected to be completed in Q4 FY26.

Place: MUMBAI

Date: December 23, 2025

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

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

www.greatship.com