The disclosure under Regulation 7(2) is attached for reference

Ownership Changes View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-2.2%Reaction day

₹21.50

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-1.9% vs market

Shipping peers, median of 8sector-0.5%-1.8% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 1.8 pts less than its Shipping peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.2-0.3-1.9-0.5-1.8

Next day

-2.3+0.9-3.3-1.3-1.0

+6.7+2.3+4.4-1.5+8.3

+1.1+2.4-1.3-2.5+3.6

-2.3+1.8-4.1+0.2-2.6

-4.7+1.3-5.9-0.8-3.8

-3.5+0.4-3.9-0.1-3.4

15d

-2.0-1.1-0.9-5.8+3.7

-12.0-3.3-8.6-4.9-7.1

-10.7-0.5-10.2+9.2-19.9

-13.0-8.2-4.8-1.3-11.7

UpDownMarket · Nifty Microcap 250Sector · Shipping peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Chowgule Steamships Ltd informed BSE that promoter Padma V Chowgule has transferred her entire holding of 2,28,420 equity shares (0.63% of the company) as a gift via an off-market transaction on December 11, 2025. Post this transfer, her shareholding in the company has come down to 0%. The company noted that the gift is connected to a Memorandum of Family Settlement (MOFS) between Group A and Group B of the promoter family, under which Group A is obligated to transfer its shareholding to Group B. Arbitration proceedings for enforcement of this MOFS are currently pending. The Form C disclosure was signed on December 15, 2025 and filed with BSE on December 17, 2025.

Likely market impact

This is a small promoter-level transfer (0.63%) via gift rather than a market sale, so it is unlikely to affect the stock price directly. However, it reflects an ongoing family settlement process that could lead to further changes in the promoter shareholding pattern, which shareholders should monitor.