The disclosure under Regulation 7(2) of SEBI (PIT) Regulation 2015 is attached for reference
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Chowgule Steamships has disclosed a change in promoter shareholding under SEBI Insider Trading Regulations. Promoter Ashok Vishwasrao Chowgule received 1,14,210 equity shares as a gift from Padma Vishwasrao Chowgule on December 11, 2025, through an off-market transfer. His holding rose from 3,18,436 shares (0.88%) to 4,32,646 shares (1.195%). The company noted that the transfer is linked to a Memorandum of Family Settlement between Group A and Group B, with arbitration proceedings currently pending. The company was informed of the transaction on December 15, 2025.
This is an internal promoter-group share realignment via gift, so it does not change the total promoter ownership meaningfully for outside shareholders. However, the pending family settlement arbitration is a background risk factor worth monitoring as it could lead to further changes in promoter shareholding.