Clarification10 Jun 2026, 03:22 pm
Chowgule Steamships Clarifies Summons Date
AI Summary
Chowgule Steamships Limited has issued a clarification regarding a summons received by its Whole Time Director, Mr. Vijay Chowgule, from the Directorate of Enforcement (ED). The company corrected a typographical error in the original filing, confirming the summons date is June 5, 2026, not February 5, 2026. The summons pertains to proceedings under FEMA, 1999, and the Income Tax Act, 1961, related to a case involving Jaywant Chowgule and others. The company stated that this summons has no material impact on its financial or operational activities.
Key Highlights
- Company corrects typographical error in summons date to June 5, 2026.
- Summons issued by Directorate of Enforcement (ED) to Whole Time Director.
- Proceedings relate to FEMA, 1999 and Income Tax Act, 1961.
- No material impact on company's financial or operational activities.
- Clarification issued as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Price Impact
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