Great Eastern Shipping Co. Ltd. — Earnings Release 2023

May 12, 2023

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Our Ref.: S/2023/JMT

May 12, 2023

BSE Limited

1st Floor, Phiroze Jeejeebhoy Towers, Dalal Street, MUMBAI – 400 001

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

BSE Scrip code: 500620 Trading Symbol – GESHIP

Dear Sir/Madam,

This is to inform you that the Board of Directors at their meeting held today, i.e. May 12, 2023 have approved the audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2023.

Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Regulations), we enclose herewith the following:

• (i) Audited Financial Results (Standalone and Consolidated) for the year ended March 31, 2023, and

• (ii) Auditors' Report on the Audited Financial Results (Standalone and Consolidated).

Pursuant to the provisions of Regulation 33(3)(d) of the Regulations, we hereby declare that the Statutory Auditors of the Company, Deloitte Haskins & Sells LLP (Registration No.: 117366W/W-100018) have issued an Audit Report with unmodified opinion on the Audited Financial Results of the Company (Standalone & Consolidated) for the year ended on March 31, 2023.

The Board has declared 4[th] interim dividend of Rs. 9/- per share for the financial year ended March 31, 2023 to the equity shareholders of the Company. The ‘Record Date’ fixed for the purpose of ascertaining the shareholders eligible for receiving interim

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dividend is May 24, 2023. The interim dividend will be paid to the shareholders on or after June 06, 2023.

We wish to inform that the Board of Directors have appointed Mrs. Bhavna Doshi as Additional and Independent Director w.e.f. May 12, 2023 for a tenure of 3 years.

We enclose herewith brief profile of Mrs. Bhavna Doshi as “Annexure A”.

We hereby affirm that Mrs. Bhavna Doshi is not debarred from holding the office of Director by virtue of any Securities and Exchange Board of India order or any other such authority. She is not related to any Director of the Company.

We further wish to inform that the Board of Directors have appointed Mr. Anand Punde (ACS No. 15129) as the ’Company Secretary’ and ‘Compliance Officer’ of the Company w.e.f. July 01, 2023 in place of Mr. Jayesh M. Trivedi (FCS No. 2822) who has decided to relinquish the said positions w.e.f. close of business hours on June 30, 2023. However, Mr. Jayesh Trivedi will continue as ‘President’.

The details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 are enclosed as “Annexure B”.

The meeting of the Board of Directors commenced at 10.30 a.m. and concluded at . p.m.

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 M TRIVEDI Date: 2023.05.12 TRIVEDI 16:10:53 +05'30' Jayesh M. Trivedi President (Secl. & Legal) & Company Secretary Email ID: jayesh_trivedi@greatship.com

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Annexure A

BHAVNA DOSHI

Bhavna Doshi, founding partner of BDA LLP, an advisory firm, is former Senior Advisor to KPMG and former partner of KPMG member firm in India. With specialization in the fields of taxation and corporate restructuring, she has been providing advisory services to national and multi-national entities for over 30 years. She is Chartered Accountant from India and holds Master’s degree in Commerce from University of Mumbai.

She serves as independent director on Boards of several listed companies.

She was elected to the Council of the Institute of Chartered Accountants of India (ICAI) for four terms of three years each. ICAI is body established for development and regulation of profession of accountancy in India. She has chaired Accounting Standards Board (which sets accounting standards), Research, Vision 2021 and other Committees of ICAI. She was also member of a group supporting Tax Administration Reform Commission chaired by Dr Parthsarathy Shome.

She has served as a member of the Government Accounting Standards Advisory Board set up by the Controller and Auditor General of India. She was a Member of Compliance Committee of International Federation of Accountants, headquartered in New York.

Bhavna was President of the Indian Merchants’ Chamber and is actively associated with its activities. She, during her Presidentship, established “IMC Inclusive Innovation Awards” to recognize work of the grass root innovators which meet the criteria of “affordable excellence”.

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She is member of the Managing Committee of Assocham and of CII Corporate Governance Council.

She is a regular faculty at programs organized by professional institutes and business chambers and also delivers lectures abroad.

Woman and child empowerment are very close to her heart and she takes out time for social activities.

She has travelled extensively within and outside of India.

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Annexure B

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Details required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015:

Change in Company Secretary & Compliance Officer of the Company

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Sr. No. Particulars Details of Change
Mr. Jayesh M. Trivedi Mr. Anand Punde
1. Reason of Cessation Appointment
Change
2. Date of Cessation Close of business hours of July 01, 2023
/Appointment. June 30, 2023
3. Brief Profile NA Mr. Anand Punde (age 46) is
qualified as B.Com., LL.B., CS
(India) (ACS No. 15129) and CS
(UK). He has more than 22 years
of experience in secretarial and
corporate legal matters. He is
working with the Company since
December 2006 and is currently
designated as Deputy General
Manager (Secl. & Legal).
Previously, he has worked with
various organizations viz. Sparsh
BPO Services Limited, JSW Steel
Limited, Aditya Birla Nuvo
Limited and Larsen & Toubro
Limited.
4. Disclosure of NA NA
relationships
between directors
(in case of
appointment)
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