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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Earnings Impact2/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10

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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