The Great Eastern Shipping Company Limited has published its postal ballot notice in newspapers under Regulation 30 compliance, seeking shareholder approval for the re-appointment of Mrs. Bhavna Doshi as Independent Director for a second term.

Regulatory Compliance and Publication

The company has fulfilled its regulatory obligations by publishing the postal ballot notice in leading newspapers as required under SEBI Listing Regulations. The publication details are as follows:

Postal Ballot Timeline and Process

The company has established a comprehensive timeline for the postal ballot process to ensure transparent shareholder participation:

Shareholders whose names are recorded in the Register of Members or Register of Beneficial Owners maintained by Depositories as on the cut-off date will be entitled to participate in the remote e-voting process.

Director Profile and Governance Experience

Mrs. Bhavna Doshi, aged 72 years, brings extensive professional expertise as the founding partner of Bhavna Doshi Associates LLP and former Senior Advisor to KPMG India. Her qualifications include:

• Professional Background: Chartered Accountant with Master's degree in Commerce from University of Mumbai
• Experience: Over 30 years providing advisory services to diversified business groups
• Specialization: Taxation, corporate restructuring, accounting, assurance, and consulting
• Current Responsibilities: Chairperson of Corporate Social Responsibility Committee and member of Audit Committee

Board Participation Performance

During financial year 2025-26, Mrs. Doshi demonstrated exceptional commitment with perfect attendance across all board activities:

Age-Related Regulatory Compliance

The postal ballot addresses specific regulatory requirements under the Companies Act, 2013 and SEBI Listing Regulations. Since Mrs. Doshi will attain 75 years of age on June 26, 2028 during her proposed second term, the company seeks special resolution approval as mandated by Regulation 17(1A) of the Listing Regulations for non-executive directors above 75 years.

Remuneration Structure

For financial year 2024-25, Mrs. Doshi received total remuneration of Rs. 27.30 lakhs, comprising sitting fees of Rs. 8.00 lakhs and commission of Rs. 19.30 lakhs. For the current financial year 2025-26, she has received sitting fees of Rs. 9.00 lakhs and remains eligible for commission as per the company's remuneration policy.

Voting Process and Oversight

The Nomination and Remuneration Committee recommended Mrs. Doshi's re-appointment at its meeting held on March 16, 2026, noting her noteworthy performance and immense value to the company. The Board of Directors subsequently approved this recommendation on the same date. Ms. Ashwini Inamdar and Ms. Alifiya Sapatwala from Mehta & Mehta, Company Secretaries, have been appointed as Scrutinizers for the postal ballot process to ensure fair and transparent voting.

The Great Eastern Shipping Company Limited has received an Environmental, Social, and Governance (ESG) score of 69.3 from SES ESG Research Private Limited, a SEBI-registered ESG rating provider. The company announced this development to stock exchanges on March 30, 2026.

ESG Rating Details

The ESG assessment was conducted independently by SES ESG Research Private Limited without any direct engagement from Great Eastern Shipping Company. The rating provider assigned the overall ESG score based entirely on publicly available company data and information.

Company Communication

Great Eastern Shipping Company formally notified both major Indian stock exchanges about the ESG rating assignment. The communication was sent to BSE Limited and the National Stock Exchange of India Limited, ensuring compliance with disclosure requirements.

The company specifically clarified that it had not commissioned or engaged SES ESG Research Private Limited for the ESG rating process. This independent assessment reflects the rating provider's evaluation methodology based on available public information about the company's environmental, social, and governance practices.

Stock Exchange Notification

The formal intimation was signed by Company Secretary Anand Punde and submitted to both exchanges on March 30, 2026. The notification ensures transparency and keeps stakeholders informed about the company's ESG evaluation, even though it was conducted without the company's direct involvement.