Great Eastern Shipping Company Limited has announced the resignation of its Head of Internal Audit, marking a significant change in the company's key managerial personnel. The disclosure was made in compliance with regulatory requirements under SEBI listing obligations.

Resignation Details

Mr. Ankit Dahanukar, who served as Head (Internal Audit), formally submitted his resignation on March 17, 2026, through an email communication to the company's management. The resignation letter cited his intention to pursue further career goals as the primary reason for leaving the organization.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was formally communicated to both major stock exchanges where the company's shares are listed.

The disclosure included comprehensive details as required under the SEBI Master Circular dated November 11, 2024, ensuring full transparency regarding the personnel change. Company Secretary Anand Punde signed the official communication on March 18, 2026.

Employee's Service Record

In his resignation email, Mr. Dahanukar expressed gratitude for the opportunities and support received during his tenure with the company. He described his eight-year journey as "wonderful" and acknowledged the valuable experiences and professional relationships built during this period.

The departing executive specifically requested relief from company services effective May 16, 2026, providing the organization with adequate transition time. His resignation reflects a personal career decision rather than any organizational issues.

Stock Exchange Notification

The formal disclosure was submitted to both BSE Limited (Scrip code: 500620) and National Stock Exchange of India Limited (Trading Symbol: GESHIP). This ensures that all stakeholders and investors are informed about the key personnel change in accordance with regulatory requirements.

The company emphasized that Mr. Dahanukar will be relieved from services in due course, indicating a structured transition process for the Internal Audit function.

Source: None/Company/INE017A01032/8610b526-c36f-42cf-ad51-2fd948294b36.pdf

The Great Eastern Shipping Company Limited's Board of Directors has recommended the re-appointment of Mrs. Bhavna Doshi as an Independent Director for a second term, following their board meeting held on March 16, 2026.

Board Meeting Details

The board meeting commenced at 01:00 p.m. and concluded at 04:10 p.m. on March 16, 2026. The primary agenda item was the recommendation for Mrs. Doshi's continued service as an Independent Director.

Director Profile and Qualifications

Mrs. Bhavna Doshi brings extensive professional experience to the board. She is a founding partner of Bhavna Doshi Associates LLP, a boutique advisory firm, and serves as former Senior Advisor to KPMG India. Her professional background includes:

• Over 30 years of experience in taxation and corporate restructuring
• Expertise in accounting, assurance, and consulting services
• Advisory services to diversified business groups, both national and multinational
• Chartered Accountant qualification
• Master's degree in Commerce from University of Mumbai

Independence and Governance

The company has disclosed that Mrs. Doshi maintains independence from the board, with no relationships to any existing directors of the company. This ensures compliance with corporate governance standards for independent directors.

Regulatory Compliance

The re-appointment recommendation follows the requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The proposal will require shareholder approval for final implementation.