Essar Shipping Appoints Subramanian Raman as Independent Director

Essar Shipping Limited announced board approvals for key appointments and a significant asset sale. Mr. Subramanian Raman has been appointed as an Additional Non-Executive Independent Director, effective September 1, 2026. Concurrently, Mr. Suresh Ramamirtham's re-appointment as a Non-Executive Independent Director was also approved, subject to shareholder consent. The Board also approved the sale of the Mobile Offshore Semi-Submersible Drilling Rig 'Essar WildCat', owned by its wholly-owned subsidiary Essar Shipping FZCO, Dubai. The 16th Annual General Meeting is scheduled for September 30, 2026, with book closure from September 24 to September 30, 2026. Mr. Jayakumar will cease to be an Independent Director on August 31, 2026, upon completion of his term.