The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashok Chowgule
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Promoter Ashok Vishwasrao Chowgule acquired 1,14,210 equity shares (0.315%) of Chowgule Steamships Ltd from Ms. Padma Vishwasrao Chowgule through an off-market gift on 11 December 2025. His holding rose from 3,18,436 shares (0.88%) to 4,32,646 shares (1.195%) post-acquisition. The shares carry no encumbrance and total share capital of the company remains at 36,30,84,250. This is a re-submission of an earlier disclosure dated 15.12.2025, now filed in SEBI's prescribed format.
This is a within-promoter-family share transfer by way of gift, so there is no fresh capital infusion or change in overall promoter group control. Shareholders should see no direct impact on stock price, though it marginally consolidates holdings within the promoter family.