The intimation under Regulation 30 is enclosed herewith
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Chowgule Steamships has informed the stock exchange that it received a summons dated February 2, 2026 (received on February 3, 2026) from the Enforcement Directorate's Panjim Zonal Office in Goa, addressed to a Director of the company. The summons was issued under Section 37(1) and (3) of FEMA 1999, read with Section 131(1) of the Income Tax Act, 1961, and Section 30 of the Code of Civil Procedure, 1908. The company clarified that the summons is merely for submission of certain documents in connection with some other case, not directly against the company. No formal charges or orders have been passed, and the company states there is no material impact on its financial or operational activities.
For shareholders, this is a relatively low-impact disclosure — the ED action is a summons for document submission linked to an external case rather than a direct charge against the company, and management confirms no material financial or operational impact. However, ED involvement can create short-term negative sentiment and headline risk for the stock.