Chowgule Steamships Ltd

Chowgule Steamships Limited: Trading window closed from October 01, 2026 until 48 after communication of the Financial Results for the half-year ended September 30, 2026.

Demise details

• Mrs. Rinky Devi Amarjeet Gupta, Company Secretary and Compliance Officer.
• Category: Key Managerial Personnel (KMP).
• Date of demise: Not disclosed.
• Date of awareness: September 28, 2026.
• Impact: Cessation of Company Secretary and Compliance Officer roles.
• Reason: demise.

Regulatory ED actions 2024

• ED conducted a search on 03 July 2024 at Thane corporate office and related residences.
• Search under FEMA and ITA including seizure and freezing actions.
• Independent Director Mangesh Sawant and Chairman Vijay Chowgule residences were searched.
• ED issued summons on 18 July 2024 seeking document submission.
• Company stated no material impact on financial or operational activities.

ED summons and responses 2026

• Summons dated 02 February 2026 required documents; company submitted 09 February 2026.
• Summons dated 05 June 2026; reply submitted 12 June 2026; acknowledged 15 June 2026.
• Typographical correction: date corrected to 05 June 2026; acknowledged 15 June 2026.
• Reply to June 2026 summons dated 12 June 2026; acknowledged 15 June 2026.
• Additional information provided on 28 July 2026 and 07 August 2026.

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.

Financial results

• Unaudited quarterly results for quarter ended June 30, 2026 approved under Reg 33(3)(d) LODR.

Audit/report action

• Board approved consideration and adoption of the Limited Review Report by statutory auditors.

Integrated results disclosures

• Integrated Financial Results for quarter ended June 30, 2026 submitted to exchange.
• Related party transactions not applicable for quarter ended June 30, 2026.
• Statement of deviation/variation not applicable.
• Defaults on payment of loans and debt securities not applicable.

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.