Management Change19 May 2026, 07:51 pm
Transworld Shipping: Iyer & Patankar Re-appointed as Directors
AI Summary
Transworld Shipping Lines Ltd's Board re-appointed Mr. Ramakrishnan Sivaswamy Iyer as Executive Chairman for 3 years from April 1, 2027, and Capt. Milind Kashinath Patankar as Managing Director for 3 years from July 1, 2027, subject to shareholder approval. The board also approved audited financial results for the year ended March 31, 2026, with an unmodified audit opinion from M/s. PKF Sridhar & Santhanam LLP. The 38th Annual General Meeting will be held on August 19, 2026, via video conferencing.
Key Highlights
- Ramakrishnan Sivaswamy Iyer re-appointed as Executive Chairman effective April 1, 2027.
- Capt. Milind Kashinath Patankar re-appointed as Managing Director effective July 1, 2027.
- Audited financial results for FY26 approved with an unmodified audit opinion.
- 38th Annual General Meeting scheduled for August 19, 2026, via video conferencing.
Price Impact
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