BSECompany Update1d ago · 19 Oct 2026, 11:35 pm
Signing of Memorandum of Agreement
Transworld Shipping Lines Ltd · 520151
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Transworld Shipping Lines Ltd has signed a Memorandum of Agreement to purchase a vessel, SALTWIND EXPLORER, from Saltwind Explorer Inc. for $16.5 million.
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Transworld Shipping Lines Ltd - 520151 - Signing Of Memorandum Of Agreement
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Ref No: TSLL/53/2026-27 Date: 19th October 2026
Department of Corporate Services Listing Compliance
BSE Limited National Stock Exchange of India Limited
Corporate Relationship Department Exchange Plaza,
Phiroze Jeejeebhoy Towers, Bandra Kurla Complex,
Dalal Street, Mumbai – 400 001. Bandra (E), Mumbai – 400 051.
BSE Scrip Code: 520151 NSE Symbol: TRANSWORLD
Dear Sir,
Sub: Signing of Memorandum of Agreement
We wish to inform you that the Company has signed a Memorandum of Agreement (MOA) on 19th October
2026 for Purchase of one vessel, SALTWIND EXPLORER from Saltwind Explorer Inc.
Pursuant to Clause 5 of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
dated 11th July 2023, amended on 30th January 2026, we enclose herewith the requisite details in the prescribed
Annexure.
The same is submitted for your record and dissemination.
Thanking you
Yours faithfully,
For TRANSWORLD SHIPPING LINES LIMITED
NAMRATA MALUSHTE
COMPANY SECRETARY & COMPLIANCE OFFICER
Annexure‐A
The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 11th July 2023, amended on
30th January 2026 are as under:
Sr. Particulars Details
1 Name(s) of parties with whom the agreement is Transworld Shipping Lines Limited (Buyer) and
entered; Saltwind Explorer Inc. (Seller)
2 Purpose of entering into the agreement; Purchase of vessel “SALTWIND EXPLORER”
from Saltwind Explorer Inc. for consideration of
US$ 16,500,000
3 Shareholding, if any, in the entity with whom the NA
agreement is executed;
4 Significant terms of the agreement (in brief) NA
special 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, NA
details of issue price, class of shares issued;
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.
For Transworld Shipping Lines Limited
Namrata Malushte
Company Secretary & Compliance Officer