SHREYAS SHIPPING & LOGISTICS LTD.

Transworld Shipping Lines Ltd announced that all items of business presented at its 38th Annual General Meeting (AGM), held on August 19, 2026, via Video Conferencing, were approved by the shareholders with the requisite majority. Key approvals include the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, and the re-appointment of Mr. Ramakrishnan Sivaswamy Iyer as Executive Chairman and Capt. Milind Kashinath Patankar as Managing Director for three-year terms, along with their remuneration. The company also submitted the Scrutinizer's Report and voting results as per SEBI regulations.

Transworld Shipping Lines Limited (formerly Shreyas Shipping and Logistics Limited) conducted its 38th Annual General Meeting (AGM) on August 19, 2026, via Video Conference. The meeting, chaired by Executive Chairman Mr. Ramakrishnan Sivaswamy Iyer, commenced at 11:00 a.m. IST and concluded at 11:51 a.m. IST. The proceedings were conducted in compliance with SEBI and MCA regulations. Key management personnel and the statutory auditors were present. The meeting confirmed the presence of requisite quorum with 41 shareholders representing 14,330,000 equity shares attending.

Transworld Shipping Lines Ltd has announced the successful completion of the sale of its vessel, M.V. SSL Kaveri, to Avana Logistek Limited. The transaction was finalized on August 17, 2026, following the execution of the Protocol of Delivery and Acceptance. The vessel was delivered at Chennai, India. This sale is a follow-up to a previous communication dated August 13, 2026.

Transworld Shipping Lines Ltd. has signed a Memorandum of Agreement (MOA) on July 22, 2026, to sell its vessel, M.V. SSL Kaveri, to Avana Logistek Limited for a consideration of US$ 16,400,000. The company has provided the requisite details as per SEBI regulations. This transaction involves the divestment of a vessel and is conducted at arm's length, with no related party transactions identified. The company was formerly known as Shreyas Shipping and Logistics Limited.

Transworld Shipping Lines Ltd has successfully completed the sale of its vessel, M.V. SSL Visakhapatnam, to M/s KNIGHT MARINE INC. The transaction was finalized on August 7, 2026, following the execution of the Protocol of Delivery and Acceptance. The vessel was delivered at Pipavav, India. This sale is a divestment of an asset by the company.

Transworld Shipping Lines Limited (formerly Shreyas Shipping & Logistics Ltd) announced its unaudited financial results for the quarter ended June 30, 2026. The shipping industry experienced a fragmented yet upward performance, influenced by geopolitical events in West Asia and Southeast Asia, leading to significant re-engineering of trade routes. Container markets saw an event-driven rate rebound, with spot rates from Shanghai to the US West Coast surging over 35%. The dry bulk sector maintained an upward trajectory. The company's fleet comprises 7 vessels, with container vessels on charter to Avana Logistek Limited.

Transworld Shipping Lines Limited (formerly Shreyas Shipping and Logistics Limited) announced that its Board of Directors, in a meeting held on August 7, 2026, approved the unaudited financial results for the quarter ended June 30, 2026. The results, both standalone and consolidated, along with the limited review report from statutory auditors PKF SRIDHAR & SANTHANAM LLP, will be published in newspapers. The board meeting commenced at 11:45 AM IST and concluded at 2:00 PM IST. The company also made these results available on its website.

Transworld Shipping Lines (formerly Shreyas Shipping) reported consolidated PAT of ₹29.51 Cr for Q1 FY27, versus a restated loss of ₹9.00 Cr a year ago and a ₹29.52 Cr loss last quarter — but the swing is entirely a one-off. Other income of ₹107.96 Cr includes a ₹105.12 Cr net gain on the sale/delivery of four vessels (SSL Krishna, Godavari, Gujarat, Bharat) during the quarter, while expenses absorbed a ₹15.57 Cr impairment on two more vessels (SSL Mumbai, Thamirabarani) now classified held-for-sale ahead of their own disposal. Strip both out and the adjusted pre-tax result is a loss of roughly ₹59 Cr, deeper than the ₹8.23 Cr adjusted loss a year ago and the ₹28.25 Cr loss last quarter — the underlying business, not just the headline, is worse off, not better. The core shipping segment is the source of the pain: revenue from operations fell 25.9% YoY (restated) and 22.6% QoQ to ₹102.45 Cr as the fleet shrinks, and the Shipping segment alone posted an operating loss of ₹33.32 Cr (driven by the impairment charge and a smaller vessel base), versus an operating profit in every prior comparative period. Freight Forwarding is now doing the heavy lifting — its revenue rose to ₹80.53 Cr (79% of total revenue, up from ~30% historically) with a ₹12.26 Cr segment operating profit, cushioning the shipping-side collapse. Standalone PAT of ₹27.46 Cr trails consolidated by about 7%, with the freight-forwarding subsidiaries (Transworld Integrated Logistek, Transworld Logistics) adding the incremental profit at the group level. Management gives no formal guidance or outlook in this filing, so there is no guided figure to check the print against, and no consensus/street estimate for this quarter could be found (small-cap, no coverage located) — a prior post-Q4 read (MarketsMojo) had flagged Q1 FY27 as a pivotal quarter after four straight loss quarters, and on an adjusted basis the losses have in fact continued and widened. The fleet-renewal programme continued past quarter-end: on 26 July the company signed an MoU to sell SSL Vishakhapattnam (~₹29.52 Cr, US$3.1 Mn) and on 4 August one for SSL Sabarimalai (~₹39.29 Cr, US$4.1 Mn), neither yet completed — both will likely generate further one-off gains/impairments in coming quarters that will keep continuing to obscure the underlying shipping-segment run rate.

Transworld Shipping Lines Ltd has signed a Memorandum of Agreement (MOA) on August 4, 2026, to sell its vessel, M.V. SSL Sabarimalai, to Avana Logistek Limited for a consideration of US$ 4,100,000. The company has provided the requisite details as per SEBI regulations. The transaction does not involve related parties and is not considered a related party transaction. This sale is a divestment of an asset by the company.

Transworld Shipping Lines Ltd has announced that its Board of Directors will convene on August 7, 2026, to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. Concurrently, the company has closed its trading window for directors, officers, and designated employees from July 1, 2026, until 48 hours after the announcement of these financial results, in compliance with SEBI regulations and the company's fair disclosure practices. The notice and results will be available on the company's website and stock exchange portals.