Chowgule Steamships Limited updates on land sale

The Board of Directors of Chowgule Steamships Limited at its meeitng held on Monday, September 04, 2023 at 11.00 A.M. at Charni Road, Mumbai has approved the disposal by way of Voluntary Liquidation of the Wholly Owned Subsidiary, i.e. Chowgule' Steamships Overseas Limited having negative networth and no income.

The board approved proposal to let out the land not exceeding 40 acres on lease or rental basis situated at village Sande Lavghan Ratnagari to Angre Port Private Limited and/or Chowgule Lavgan Shiprepair Private Limited subject to the approval of members.

The board also approved proposal to sale the Land not exceeding 40 acres situated at at village Sande Lavghan Ratnagari to Angre Port Private Limited and/or Chowgule Lavgan Shiprepair Private Limited subject to the approval of members.

Shares of CHOWGULE STEAMSHIPS LTD. was last trading in BSE at Rs. 14.33 as compared to the previous close of Rs. 14.56. The total number of shares traded during the day was 2621 in over 11 trades.

The stock hit an intraday high of Rs. 15.23 and intraday low of 14.31. The net turnover during the day was Rs. 37595.00.

Source : Equity Bulls

Keywords

CHOWGULESTEAMSHIPS INE490A01015 Shipping Land Sale