The notice of the Extra ordinary General Meeting is attached for reference
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Chowgule Steamships has issued a corrigendum to the notice of its Extraordinary General Meeting (EGM) originally intimated on December 15, 2025, scheduled for Thursday, January 8, 2026 at 11:00 A.M. in Vasco-Da-Gama, Goa. The corrigendum fixes an inadvertent omission: the heading of the resolution was missing the words indicating it is to be passed as a Special Resolution, although the explanatory statement and the body of the resolution already mentioned this. The sole business of the EGM is to approve the remuneration of Mr. Vijay Vishwasrao Chowgule, the Promoter and Whole-time Director, at INR 84,00,000 per annum (INR 7,00,000 per month) effective from December 1, 2025 up to September 26, 2027, including in the event of absence or inadequacy of profits under Schedule V of the Companies Act, 2013. The date, time, venue and business of the EGM remain unchanged, and a recommendation paragraph from the Nomination and Remuneration Committee and Board has been added to the explanatory statement.
This is a procedural correction and does not change the substance of the resolution; shareholders still need to approve promoter-director remuneration of INR 84 lakhs per annum by a higher (special resolution) voting threshold. Investors should evaluate the related-party remuneration proposal on its merits at the EGM on January 8, 2026, with e-voting open from January 4 to January 7, 2026.