The Great Eastern Shipping Company Limited has announced the resignation of Mr. Berjis Desai from his position as Non-Executive, Non-Independent Director, effective April 24, 2026. The resignation comes following his appointment by the Government of India as Member, National Commission for Minorities, New Delhi.

Director Resignation Details

The company informed stock exchanges BSE and NSE about the board change through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Desai, who holds DIN 00153675, submitted his resignation letter on April 24, 2026.

Board Service and Background

In his resignation letter addressed to Chairman & Managing Director Bharat Sheth, Desai highlighted his two-decade tenure on the company's board, describing it as "a most wonderful and rewarding experience." The outgoing director, who holds an LL.M from Cambridge and serves as a Solicitor & Advocate at Bombay High Court, specifically confirmed that there are no other material reasons for his resignation beyond his government appointment.

Regulatory Compliance

The company has fulfilled all disclosure requirements under SEBI regulations, providing comprehensive details about the directorial change to both BSE (Scrip code: 500620) and NSE (Trading Symbol: GESHIP). Company Secretary Anand Punde signed the regulatory filing, ensuring compliance with the Securities and Exchange Board of India's listing obligations.

Transition and Acknowledgments

Desai expressed gratitude to his board colleagues and company staff in his resignation letter, particularly acknowledging the leadership team. He praised the company as "Asia's most well managed shipping company" and wished continued success under the current stewardship. The resignation represents a smooth transition as Desai moves to his new role in the National Commission for Minorities.

The Great Eastern Shipping Company Limited has launched the second 100-day campaign "Saksham Niveshak" to help shareholders update their KYC details and claim unclaimed dividends, preventing their transfer to the Investor Education and Protection Fund Authority (IEPFA).

Campaign Details and Timeline

Following communication from IEPFA and the Ministry of Corporate Affairs (MCA) dated March 27, 2026, the company initiated this campaign focusing on shareholders whose dividends remain unclaimed. The campaign emphasizes KYC updation and related compliance measures.

Publicity and Outreach Measures

As per MCA/IEPFA directions, the company has undertaken comprehensive publicity measures to reach shareholders. These include website notices on the company portal, social media posts, and newspaper advertisements published on April 17, 2026.

Publication Details

• Business Standard: All editions
• Sakal: Mumbai edition (Marathi translation)
• Website Notice: Posted on company website
• Social Media: Company social media pages

Shareholder Action Required

Shareholders with unpaid/unclaimed dividends for any financial years from 2018-19 onwards or those required to update their Know Your Client (KYC) and nomination details should contact the company's Registrar and Transfer Agent.

Contact Information for Updates

Information Updates Required

The campaign specifically targets shareholders to update crucial information including:

• KYC details
• Bank mandates
• Nominee information
• Contact details including mobile numbers and addresses

Prevention of IEPF Transfer

Shareholders are strongly advised to update their details and claim dividends for the mentioned financial years to prevent their shares from being transferred to IEPF. This campaign provides shareholders with an opportunity to ensure their investments remain accessible.

Notice Availability

The official notice is available on multiple platforms for shareholder convenience:

• National Stock Exchange website ( www.nseindia.com )
• Bombay Stock Exchange website ( www.bseindia.com )
• Company website ( www.greatship.com )

The company emphasizes the importance of shareholder participation in this campaign to maintain their investment accessibility and prevent unnecessary transfers to the Investor Education and Protection Fund.