Chowgule Steamships Ltd — Dividend/Bonus, 15-07-2025: Corp. Action

Chowgule Steamships will hold its 62nd Annual General Meeting to approve annual financial results and consider key decisions. Shareholders will vote on various related party transactions, including a proposed INR 10 Cr financial assistance and past INR 12.5 Cr assistance with promoter Dolphin Investments. The company also proposes an annual liaison fee of up to INR 3 Cr and seeks ratification for a past INR 3.345 Cr fee to Dolphin Investments. Further, proposals include leasing properties to Chowgule Lavgan Shiprepair Private Limited and Angre Port Private Limited for up to INR 3 Cr annually, and a new INR 10 Cr loan facility to Angre Port Private Limited. The re-appointment of three directors, including two over 75 years old, for five-year terms, and the appointment of new Secretarial Auditors are also on the agenda.