Chowgule Steamships Ltd — Dividend/Bonus, 15-12-2025: Corp. Action

Chowgule Steamships has called an Extra-Ordinary General Meeting for shareholders to approve the remuneration of Mr. Vijay Vishwasrao Chowgule, its Whole-time Director. The proposed annual consolidated salary is INR 0.84 Cr (INR 0.07 Cr per month), effective from December 2025 until September 2027. This compensation is structured to be paid even if the company experiences inadequate or no profits. Mr. Chowgule, a promoter and long-standing director since 1991, brings extensive diversified leadership experience vital for the company's strategic growth and operational discipline.