Chowgule Steamships Ltd — Important, 15-12-2025: Company Update

Chowgule Steamships will hold an Extra-Ordinary General Meeting for shareholders to approve the remuneration of Mr. Vijay Vishwasrao Chowgule, the Whole-time Director. The proposed consolidated salary is 0.84 Cr per annum, effective until his appointment term concludes. This approval specifically addresses his remuneration even in the event of inadequate or absent profits. Mr. Chowgule brings over three decades of leadership experience across various industrial sectors. The company reported a Net Worth of 44.51 Cr for the latest financial year, with a net profit of 1.27 Cr. For the prior year, Net Worth was 43.24 Cr with a net profit of 7.41 Cr.