General Updates

Ref No: TSLL/46/2026-27 Date: 17th 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/Madam Subject: Execution of Joint Venture Agreement with Bainbridge Navigation DMCC We wish to inform you that the Company has executed a Joint Venture Agreement with Bainbridge Navigation DMCC, Dubai, UAE. 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-A 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 Transworld Shipping Lines Limited (formerly known as Shreyas Shipping & Logistics Ltd) Regd. Office: D-301-305, Level 3, Tower II, Seawoods Grand Central, Plot No. R1, Sector - 40, Nerul Node, Navi Mumbai - 400706. Tel.: +91 22 6811 0300 | CIN NO.: L63000MH1988PLCO48500 | E: investor.tsll@transworld.com | transworld.com/tsll 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 Bainbridge Navigation DMCC, a company entered; incorporated under the laws of Dubai, with its registered office at Office 2006, Level 20, Fortune Tower, Cluster C, Jumeirah Lake Towers, Dubai – UAE. PO Box. 2 Purpose of entering into the agreement; To establish and operate a Joint Venture Company in the United Arab Emirates for carrying on the business of a shipping pool focused on the Handysize vessel segment, with the objective of consolidating operations and enhancing efficiency in the dry bulk shipping market. 3 Shareholding, if any, in the entity with whom the The shareholding structure of the Joint Venture agreement is executed; Company will be as follows: a. Transworld Shipping Lines Limited (TSLL) - 60%; and b. Bainbridge Navigation DMCC - 40%. 4 Significant terms of the agreement (in brief) (i) The Joint Venture Company shall be special rights like right to appoint directors, first regulated under the laws of the United Arab right to share subscription in case of issuance of Emirates. shares, right to restrict any change in capital (ii) TSLL shall hold 60% and Bainbridge structure etc.; Navigation DMCC shall hold 40% of the equity share capital of the Joint Venture Company. 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”; Transworld Shipping Lines Limited (formerly known as Shreyas Shipping & Logistics Ltd) Regd. Office: D-301-305, Level 3, Tower II, Seawoods Grand Central, Plot No. R1, Sector - 40, Nerul Node, Navi Mumbai - 400706. Tel.: +91 22 6811 0300 | CIN NO.: L63000MH1988PLCO48500 | E: investor.tsll@transworld.com | transworld.com/tsll 7 In case of issuance of shares to the parties, Transworld Shipping Lines Limited will hold 60% details of issue price, class of shares issued; of the equity share capital of the Joint Venture Company through subscription to 75 ordinary shares aggregating AED 75,000, while Bainbridge Navigation DMCC will hold 40% through subscription to 50 ordinary shares aggregating AED 50,000. 8 Any other disclosures related to such NA agreements, 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 NA agreement, 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. Transworld Shipping Lines Limited (formerly known as Shreyas Shipping & Logistics Ltd) Regd. Office: D-301-305, Level 3, Tower II, Seawoods Grand Central, Plot No. R1, Sector - 40, Nerul Node, Navi Mumbai - 400706. Tel.: +91 22 6811 0300 | CIN NO.: L63000MH1988PLCO48500 | E: investor.tsll@transworld.com | transworld.com/tsll