NSEGeneral Updates11 Sept 2026 · 11 Sept 2026, 05:06 pm

General Updates

TRANSWORLD SHIPPING LINES LIMITED · TRANSWORLD

✦ AI SummaryDivestiture

Transworld Shipping Lines Limited has signed a Memorandum of Agreement for the sale of one vessel, TBC Kailash, to Mandarine Ocean Ltd. for $9,250,000.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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TRANSWORLD SHIPPING LINES LIMITED has informed the Exchange about General Updates

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TRANSWORLD_11092026170437_InitimationforsaleofvesselTBCKailashsigned.pdf

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Ref No: TSLL/45/2026-27 Date: 11th September 2026 Department of Corporate Services Listing Compliance BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001. Bandra (E), Mumbai – 400 051. BSE Scrip Code: 520151 NSE Symbol: TRANSWORLD Dear Sir, Sub: Signing of Memorandum of Agreement We wish to inform you that the Company has signed a Memorandum of Agreement (MOA) for sale of one vessel, TBC Kailash to Mandarine Ocean Ltd. which was received by the Company on 11th September 2026. Pursuant to Clause 5 of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 11th July 2023, amended on 30th January 2026, we enclose herewith the requisite details in the prescribed Annexure. The same is submitted for your record and dissemination. Thanking you Yours faithfully, For TRANSWORLD SHIPPING LINES LIMITED (formerly known as Shreyas Shipping and Logistics Limited) NAMRATA MALUSHTE COMPANY SECRETARY & COMPLIANCE OFFICER Annexure‐A The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 11th July 2023, amended on 30th January 2026 are as under: Sr. Particulars Details 1 Name(s) of parties with whom the agreement is Mandarine Ocean Ltd. entered; 2 Purpose of entering into the agreement; Sale of vessel “TBC Kailash” owned by Transworld Shipping Lines Limited (formerly known as Shreyas Shipping and Logistics Limited) for consideration of US$ 9,250,000. 3 Shareholding, if any, in the entity with whom the NA agreement is executed; 4 Significant terms of the agreement (in brief) special NA rights like right to appoint directors, first right to share subscription in case of issuance of shares, right to restrict any change in capital structure etc.; 5 Whether, the said parties are related to No promoter/promoter group/ group companies in any manner. If yes, nature of relationship; 6 Whether the transaction would fall within related No party transactions? If yes, whether the same is done at “arms length”; 7 In case of issuance of shares to the parties, details NA of issue price, class of shares issued; 8 Any other disclosures related to such agreements, NA viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc; 9 In case of termination or amendment of agreement, NA listed entity shall disclose additional details to the stock exchange(s): i. name of parties to the agreement ; ii. nature of the agreement; iii. date of execution of the agreement; iv. details of amendment and impact thereof or reasons of termination and impact thereof. For Transworld Shipping Lines Limited (formerly known as Shreyas Shipping and Logistics Limited) Namrata Malushte Company Secretary & Compliance Officer