Chowgule Steamships Ltd — Important, 08-01-2026: Company Update

Chowgule Steamships shareholders approved the remuneration for Whole-time Director Mr. Vijey Vishwasrao Chowgule at an Extra-Ordinary General Meeting. The resolution, concerning compensation during periods of absent or inadequate profits, passed with an overwhelming 99.975% of valid votes. A total of 1,539,705 votes were cast, with 1,539,320 in favor and 385 against. This decision ensures continuity in executive compensation governance and confirms strong shareholder support for the proposed structure.