Notice of the 62nd Annual General Meeting of Chowgule Steamships Limited is attached

Chowgule Steamships has called its 62nd AGM on Friday, August 8, 2025 at 11:00 AM in Vasco-Da-Gama, Goa. Ordinary business includes adoption of FY25 audited financial statements and re-appointment of Mr. Ramesh Laxmanrao Chowgule (DIN: 00018910) who retires by rotation. Special business includes approval and ratification of related party transactions with promoter Dolphin Investments Limited — up to ₹1,000 lakhs of new ICDs/loans plus ratification of ₹1,250 lakhs already given and ₹175 lakhs interest at 7% p.a. Further, ₹300 lakhs per annum in liaisoning fees (plus ₹334.50 lakhs already paid) to Dolphin Investments is also being ratified. Two leasing arrangements — with Chowgule Lavgan Shiprepair Pvt Ltd and Angre Port Pvt Ltd (both group companies) — seek approval for up to ₹300 lakhs per annum rent plus ₹100 lakhs security deposit each. A ₹1,000 lakh loan/ICD/guarantee to Angre Port is also proposed. Director-related items include continuation of Dr. Rohini Chowgule and Mr. Ramesh Chowgule (both over 75) for 5-year terms, re-appointment of Mr. Amit Khandelwal as Independent Director for a second 5-year term from Jan 16, 2026, and appointment of M/s. Pranay D. Vaidya and Co. as Secretarial Auditors for 5 years. Remote e-voting runs August 5-7, 2025 with cut-off date of August 1, 2025.