Essar Shipping: Board Meeting Outcome for Outcome Of Board Meeting Held On Wednesday August 12 2026.

Pursuant to Regulation 30 33 and other applicable provisions of the Securities and Exchange Board ofIndia (Listing Obligations and Disclosure Requirements) Regulations 2015 (the Listing Regulations) we Essar Shipping Limited (the Company) inform you that the Board of Directors at their Meetingheld today i.e. on Wednesday August 12 2026 approved inter-alia following:1. Based on the recommendation of the Audit Committee the Board has approved theUn-Audited Financial Results (Standalone and Consolidated) of the Company for the QuarterEnded 30.06.2026 alongwith Limited Review Reports (the Results);A copy of the said Results is enclosed herewith alongwith the Limited Review Reportssubmitted by Statutory Auditors i.e. Manohar Chowdhry & Associates CharteredAccountants2. Based on the recommendation of the Audit Committee and subject to the approval of theshareholders the Board has approved the Sale of Asset: Essar Tug III owned by EssarShipping Limited;