Chowgule Steamships Ltd — Others, 15-07-2025: AGM/EGM

Chowgule Steamships will hold its Annual General Meeting to approve several key proposals. This includes adopting the past year's financial results and re-appointing a director. Significant related-party transactions are on the agenda: a proposed INR 10 Cr loan and ratification of INR 12.5 Cr past loans to promoter Dolphin Investments, along with proposed annual liaisoning fees of INR 3 Cr and ratification of INR 3.345 Cr past fees to the same entity. The company also seeks approval for leasing properties up to INR 3 Cr/year, plus INR 1 Cr security deposit, to Chowgule Lavgan Shiprepair and Angre Port. A new INR 10 Cr loan to Angre Port is also proposed. Additionally, the company seeks approval for the continuation of three key directors, including two aged over 75, recognizing their valuable contributions.