Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we inform you that the Board of Directors of Essar Shipping Limited (the Company), at their Meeting held today i.e., on Saturday, July 4, 2026, has approved availing loan/s from Abhinand Ventures Private Limited and/or Niwas Residential & Commercial Properties Private Limited, (Non-Related Party/ies), for an amount of upto Rs. 10 Crore, repayable on demand, to meet working-capital requirements, repayment of various outstanding dues and to meet other day-to-day business activities and general corporate purposes.