Latest news about Chowgule Steamships
Chowgule Steamships
22.60
-0.23(-1.01%)
Company Performance:
View Company Insights1D-1.01%
1M+9.13%
6M+7.82%
1Y-8.91%
5Y+177.64%
More news about Chowgule Steamships
11Feb 26
Chowgule Steamships Reports 28.1% YoY Profit Growth in Q3FY26 Despite Revenue Decline
Chowgule Steamships Limited reported Q3FY26 results showing net profit growth of 28.1% to ₹29.02 lakhs despite an 18.6% decline in operational revenue to ₹80.60 lakhs. Strong other income of ₹98.78 lakhs helped offset operational challenges. However, nine-month performance was weaker with net profit declining 32.1% to ₹72.56 lakhs and operational revenue falling 15.9% to ₹239.84 lakhs, indicating ongoing industry headwinds for the shipping company.
21Jan 26
Chowgule Steamships Promoter Increases Shareholding Through Off-Market Gift Transaction
Chowgule Steamships Limited disclosed that promoter Ashok Vishwasrao Chowgule acquired 1,14,210 equity shares through an off-market gift transaction on December 11, 2025. This acquisition increased his shareholding from 3,18,436 shares (0.88%) to 4,32,646 shares (1.195%) of the company's total share capital. The disclosure was made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with the company resubmitting the information in prescribed format following initial letter-format disclosure.
21Jan 26
Chowgule Steamships Promoter Increases Stake Through Share Acquisition
Mr. Umaji Vishwasrao Chowgule, promoter of Chowgule Steamships Limited, acquired 1,14,210 equity shares through an off-market gift transaction on December 11, 2025. His shareholding increased from 2,57,971 shares (0.71%) to 3,72,181 shares (1.025%) of the company's total voting capital. The disclosure was made in compliance with SEBI regulations, with the company's equity share capital remaining unchanged at ₹36.31 crores.
08Jan 26
Chowgule Steamships EGM Approves Director Remuneration with 99.98% Majority
Chowgule Steamships Limited successfully concluded its EGM on January 8, 2026, with shareholders approving Mr. Vijay Chowgule's remuneration as Whole-Time Director with 99.98% votes in favor. The approval comes despite the company's challenging H1 FY25 performance, which saw total income decline 19.13% to ₹283.78 lakhs and profit after tax drop 48.30% to ₹43.54 lakhs, though the company maintained profitability amid sector-wide shipping industry pressures.
Industry Peers
Great Eastern Shipping Company
Shipping Corporation of India
Shreeji Shipping Global
Seamec
ABS Marine Services
Essar Shipping
Transworld Shipping Lines
Sadhav Shipping
Garware Offshore ServicesChowgule Steamships
1,377.40
(-1.13%)
290.50
(+0.99%)
595.65
(+1.41%)
1,420.00
(-0.71%)
219.95
(-1.74%)
20.61
(+1.73%)
159.54
(-0.02%)
115.80
(+2.25%)
48.50
(-0.98%)
22.60
(-1.01%)
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