ESSARSHIP

Essar Shipping Ltd. has submitted to the Exchange a disclosure pursuant to Regulation 8A(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 based on the disclosures of pledge shares received by the Company from its promoters. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Essarshipping_Pledge_16022009.zip target=NEW> For more details click here.</a>

Essar Shipping Ltd. has informed the Exchange that: "The Honourable High Court of Gujarat has sanctioned the Scheme of Arrangement between India Shipping, Essar Sisco Ship Management Co. Ltd. with Essar Shipping Ports & Logistics Limited. A copy of the formal order is awaited".

Essar Shipping Ltd. has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended September 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). <a href=/content/corporate/EssarShip_LR_24112008.zip target=NEW> For more details click here.</a>

Essar Shipping Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on October 31, 2008 have approved the following: (1) Appointment of Mr. S.V. Venkatesan, as an Independent Director; and (2) Appointment of Mr. Deepak Kumar varma, as an independent Director.

Essar Shipping Ltd. has informed the Exchange that the members of the Company at the Annual General Meeting held on September 27, 2008, have duly approved all the businesses as specified in the notice convening the meeting viz. :-1. Adoption of audited Profit & Loss Account for the year ended March 31, 2008 and the balance sheet as at that date together with the Report of the Directors and the Auditors thereon.2. Re-appointment of Mr. N. Srinivasan, Mr. Sanjay Mehta and Mr. Ravi Ruia as Directors of the Company, liable to retirement by rotation.3. Re-appointment of M/s. Deloitte Haskins & Sell

Essar Shipping Ltd. has informed the Exchange that by an Order made on September 02, 2008 in the Company Application, the Hon'ble High Court of Gujarat at Ahmedabad has directed that a meeting of the Equity Shareholders of the Applicant Company (Essar Shipping Ports & Logistics Limited), be convened and held on October 04, 2008 for the purpose of considering and, if thought fit, approving, with or without modification(s), the arrangement embodied in the Scheme of Arrangement among India Shipping and Essar Sisco Ship Management Company Limited and Essar Shipping Ports & Logistics Limited and th

Essar Shipping Ltd. has informed the Exchange that the Annual General Meeting of the Company is scheduled to be held on September 27, 2008 to transact the business detailed in the Notice convening the AGM. Further, the Register of Members and Share Transfer Books of the Company will remain closed from September 23, 2008 to September 27, 2008 (both days inclusive), for the purpose of AGM.

Essar Shipping Ltd. has informed the Exchange that the Registered Office of the Company has been shifted from 2494, 17th Main, HAL II Stage, Bangalore 560008 to the following address : Administrative Building, Essar Refinery Complex, Okha Highway (SH-25), Taluka Khambalia, Dist. Jamnagar-361305, Gujarat State.

Essar Shipping Ltd. has informed the Exchange regarding a press release dated August 13, 2008, titled "Essar Shipping Ports and Logistics Limited (ESPLL) adds two modern Supramax Dry Bulk Carriers to its shipping fleet". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). <a href=/content/corporate/Essar_PR_13082008.zip target=NEW> For more details click here.</a>

Essar Shipping Ltd. has informed the Exchange that the Boards of Directors of the Company at their meeting held on June 20, 2008 have approved the following: (1) Appointment of Mr. D.J. Thakkar, as an Independent Director. (2) Appointment of Mr. K. V. Krishanmurthy, as an Independent Director. (3) Resignation of Mr. S. K. Poddar from the Board. (4) Resignation of Mr. Rewant Ruia from the Board.

Essar Shipping Ltd. has informed the Exchange that the members of the Company have passed the following resolutions with requisite majority: (1) Special resolution for amending the main objects clause of the Memorandum of Association of the Company. (2) Special resolution for shifting the Registered Office of the Company from the State of Karnataka to the State of Gujarat. (3) Special resolution for issuance of Guarantee. (4) Ordinary resolution for increasing the borrowing limits of the Company.

Essar Shipping Ltd. has informed the Exchange that Pursuant to Section 192A of the Companies Act, 1956 read with the Companies (Passing of Resolution by Postal Ballot) Rules, 2001 (including any statutory modification or re-enactment thereof for the time being in force) The following Resolutions is to be passed by the Members of the Company through Postal Ballot: 1) To amend the Main Objects Clause of the Memorandum of Association of the Company. 2) To shift the Registered Office of the Company from the State of Karnataka to the State of Gujarat. 3) To issue Corporate Guarantee. 4) To increase

Essar Shipping Ltd. has informed the Exchange that: "The Board of Directors of the Company at their meeting held on May 8, 2008, have, subject to approval of the members of the Company and the Company Law Board, resolved to shift the Registered Office of the Company from the State of Karnataka to the State of Gujarat".

Essar Shipping Ltd. has informed the Exchange that the Company shall be publishing the Audited Financial Results for the Financial Year ended March 31, 2008 on or before June 30, 2008.

Essar Shipping Ltd. has informed the Exchange that: "The name of our Company has been changed from Essar Shipping Limited to "Essar Shipping Ports & Logistics Limited" with effect from March 24, 2008".