Chowgule Steamships Ltd

Director Re-appointment

• Re-appointment after retirement by rotation; as Non-Executive Director, effective 05 August 2026.
• Brief profile: BSc Textile Chemistry & Industrial Management from Georgia Tech; 30+ years with Chowgule.
• Discloses relationships with Prof. Dr. Rohini Chowgule (sister) and Mr. Ramesh Chowgule (cousin).

AGM Details & Resolutions

• 63rd AGM held Aug 5, 2026 at 11:00 AM in Goa; in-person with remote e-voting.
• Venue: 3rd Floor Centenary, Baina, Vasco-da-Gama Goa 403802.
• Record date: 29-07-2026; shares on record: 20,938.
• Total resolutions passed: 11; attendees included 43 members, 2 proxies, 2 authorised reps.
• Voting mode: remote e-voting prior to AGM and poll at meeting.
• Invalid votes: 18,145,662 shares declared invalid for items 2–10.
• Dividend proposal/approval: none; no dividend declared.
• Director changes: Vijay Vishwasrao Chowgule retires by rotation; re-appointment approved.
• Auditor: no changes reported to statutory auditor.
• Material Related Party Transactions approved: with Dolphin Investments Limited.
• Liaisoning fees payable to Dolphin Investments Limited approved.
• Leasing of movable/immovable property to Chowgule Lavgan Shiprepair Private Limited approved.
• Reimbursement of expenditure for fencing land to Chowgule Lavgan Shiprepair Private Limited approved.
• Loan/Inter-company deposit/guarantee to Angre Port Private Limited approved.
• Related Party Transaction with Chowgule Fiberglass Ships Private Limited approved.
• Related Party Transaction with Chowgule Prestige Private Limited for vessel operations approved.
• Investment of surplus funds in immovable property approved.

Summary of AGM outcomes

• 63rd AGM held on 5 Aug 2026 at 11:00 AM physically in Goa.
• Quorum met with 43 members present, 2 proxies, and 2 authorised representatives.
• Chairman Vijay Chowgule presided; directors in attendance listed.
• Ordinary business: adoption of standalone financial statements for year ended 31 March 2026.
• Ordinary business: appointment/re-appointment of Vijay Vishwasrao Chowgule as director.
• Special business: approvals for related party transactions with Dolphin Investments Limited.
• Special business: approval for liaison fees payment to Dolphin Investments Limited.
• Approvals under Section 188 for leasing to Chowgule Lavgan Shiprepair Private Limited and land fencing reimbursement.
• Approval for loan/investment to Angre Port Private Limited of INR 1,000 lakhs.
• Other related party approvals: Chowgule Fiberglass Ships Private Limited; Chowgule Prestige Private Limited.

Meeting Details

• Board meeting scheduled for August 04, 2026 at 04:00 PM (location not disclosed).

Key Agenda Items

• Standalone unaudited financial results for the quarter ended June 30, 2026.
• Consider and adopt the Limited Review Report of the Company.
• Any other items with the permission of the chair.

Other Notes

• Trading Window closure letter submitted to BSE.

Dematerialisation status

• Securities received for dematerialisation during quarter ended 30 June 2026 were confirmed to depositories.
• Securities dematerialised have been listed on the stock exchanges where the earlier issued securities are listed.
• Security certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository's name substituted as registered owner within prescribed timelines.
• No rematerialisation requests were received during the period.

Book Closure & AGM Details

• Book closure: Jul 30, 2026 to Aug 5, 2026 (inclusive).
• Purpose: for the 63rd AGM.
• Cut-off date: Jul 29, 2026 for voting entitlement.
• AGM date: Aug 5, 2026 at 11:00 AM.
• Remote e-voting: Aug 2, 2026 09:00 IST to Aug 4, 2026 17:00 IST.

Key investor update

• Annual Report for FY2025-26 and Notice convening the 63rd AGM on 5 August 2026.
• 63rd AGM on Aug 5, 2026 at 11:00 AM, 3rd Floor Centenary, Vasco-da-Gama, Goa.
• Annual Report and AGM notices sent by email per MCA/SEBI relaxations; no physical copies.
• Special Resolutions include related party transactions with Dolphin Investments Limited and others.
• Inter-corporate deposits/investments with Dolphin Investments Limited up to INR 2,500 Lakhs.
• Liaisoning fees to Dolphin Investments Limited up to INR 300 Lakhs per annum.
• Leasing to Chowgule Lavgan Shiprepair: up to INR 300 Lakhs/year; security deposit up to INR 100 Lakhs.
• Grant a loan/ICD/investment/guarantee up to INR 1,000 Lakhs to Angre Port Private Limited.
• Investment of surplus funds in land for long-term appreciation, subject to approvals.
• Remote e-voting: Aug 2–4, 2026; cutoff July 29, 2026.

agm details

• 63rd AGM to be held Aug 5, 2026 at 11:00 AM in Goa.
• Remote e-voting from Aug 2 to Aug 4, 2026; cutoff July 29, 2026.
• Book closure from July 30, 2026 to August 5, 2026.

key resolutions

• Ordinary: adopt standalone financial statements for year ended 31 March 2026.
• Ordinary: re-appoint director retiring by rotation.
• Special: approve related party transactions with Dolphin Investments Limited.
• Special: approve liasoning fees to Dolphin Investments Limited.
• Special: leasing of property to Chowgule Lavgan Shiprepair Private Limited.
• Special: reimbursement of fencing expenditure to Chowgule Lavgan Shiprepair Private Limited.
• Special: leasing of property to Angre Port Private Limited.
• Special: grant loan/ICD/investment/guarantee to Angre Port Private Limited.
• Special: related party transaction with Chowgule Fiberglass Ships Private Limited.
• Special: related party transaction with Chowgule Prestige Private Limited for vessel operations.
• Special: investment of surplus funds in immovable property.

material RPT highlights

• Dolphin Investments Limited: inter-corporate deposit/loan/investment/guarantee up to INR 2,500 Lakhs, arm's-length.
• Dolphin Investments liasoning fees up to INR 300 Lakhs per annum.
• Chowgule Lavgan Shiprepair: leasing up to INR 300 Lakhs/yr; security deposit up to INR 100 Lakhs.
• Angre Port Private Limited: leasing up to INR 300 Lakhs/yr; security deposit up to INR 100 Lakhs.
• Angre Port ICD: loan/deposit/investment up to INR 1,000 Lakhs; arm's-length.
• Chowgule Fiberglass Ships Private Limited: leasing up to INR 300 Lakhs/yr; security deposit up to INR 100 Lakhs.
• Chowgule Prestige Private Limited: vessel operation up to INR 100 Lakhs/yr.

Chowgule Steamships Limited - Closure of trading window from July 01, 2026 until 48 after communication of the financial results for the quarter ended June 30, 2026.