Company Secretary and Compliance Officer passes away

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Price reactionminutes from the announcement price · days from the prior close

-4.5%Reaction day

₹20.43

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-5.4% vs market

Shipping peers, median of 9sector+1.0%-5.5% vs sector

On the reaction day the stock moved 5.4 pts less than Nifty Microcap 250 and 5.5 pts less than its Shipping peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-4.5+0.8-5.4+1.0-5.5

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-0.2+1.0-1.3+0.8-1.0

+3.3+1.7+1.5+1.7+1.5

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+1.0-4.5+5.5-3.4+4.4

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AI summary

Chowgule Steamships has informed BSE about the sad demise of Mrs. Rinky Devi Amarjeet Gupta, who served as Company Secretary, Key Managerial Personnel and Compliance Officer of the company. She passed away on Wednesday, September 23, 2026, and ceased to hold these positions from that date. The Board has expressed condolences and acknowledged her valuable contribution. The company will appoint a new Company Secretary and Compliance Officer within the regulatory timeline and will inform the exchange separately.

Likely market impact

Key compliance and KMP role is vacant; company to appoint a replacement within the prescribed timeline. Limited direct impact on operations or shareholders.