Chowgule Steamships Ltd — Updates, 08-08-2025: Company Update

Chowgule Steamships Limited held its 62nd Annual General Meeting, where shareholders adopted the Audited Standalone Financial Statements for the year ended March 31, 2025. Key resolutions passed included the re-appointment of directors and the continuation of directorships for those over 75 years. Shareholders also approved related party transactions, including leasing properties to Chowgule Lavgan Shiprepair Private Limited and Angre Port Private Limited. A significant approval was for granting a loan, inter corporate deposit, advance, investment, or guarantee up to `10 Cr to Angre Port Private Limited. Additionally, the appointment of secretarial auditors for a five-year term was approved, reinforcing governance.