BSECompany Update2d ago · 26 Jul 2026, 01:25 pm
Signing of Memorandum of Agreement
Transworld Shipping Lines Ltd · 520151
✦ AI SummaryDivestiture
Transworld Shipping Lines Ltd has signed a Memorandum of Agreement for the sale of one vessel, M.V. SSL Visakhapatnam to Last Voyage DMCC or their guaranteed nominee. The sale consideration is US$ 3,080,300.30. The company has disclosed the details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Transworld Shipping Lines Ltd - 520151 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
Attachments (1)
📄pdf
Download →
25d4ab6e-e2e4-4de8-9fac-8b7e4ee4b733.pdf
View document text
Ref No: TSLL/27/2026-27 Date: 26th July 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 26th July 2026 for
sale of one vessel, M.V. SSL Visakhapatnam to Last Voyage DMCC or their guaranteed nominee.
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 Last Voyage DMCC or their guaranteed nominee
entered;
2 Purpose of entering into the agreement; Sale of vessel “SSL VISAKHAPATNAM” owned by
Transworld Shipping Lines Limited (formerly known
as Shreyas Shipping and Logistics Limited) for
consideration of US$ 3,080,300.30
3 Shareholding, if any, in the entity with whom the NA
agreement is executed;
4 Significant terms of the agreement (in brief) special On Delivery of the Vessel
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