Press Release

Ref No: TSLL/59/2026-27 Date:06th November 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, Sub: Press Release Please find enclosed herewith Press Release dated 06th November 2026. The Press release is self- explanatory. The Press Release is also being made available on the Company’s website at https://www.transworld.com/transworld-shipping-lines/ . Kindly take the same on record and acknowledge receipt. Yours faithfully, For TRANSWORLD SHIPPING LINES LIMITED (formerly known as Shreyas Shipping and Logistics Limited) NAMRATA MALUSHTE COMPANY SECRETARY & COMPLIANCE OFFICER Encl: A/a. Transworld Shipping Lines Limited 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 Press Release Transworld Shipping Lines Limited announces unaudited Financial Results for the quarter and half year ended 30th September 2026 Mumbai, 6th November 2026: Transworld Shipping Lines Limited (referred as ‘the Company’), (BSE Scrip Code: 520151; NSE Scrip Code: TRANSWORLD) announced its results (Standalone and Consolidated) for the quarter and half year ended on 30th September 2026 on 6th November 2026. Industry Overview The global shipping industry remained resilient during the quarter ended September 2026, supported by changing trade flows, vessel supply constraints and geopolitical disruptions across key maritime corridors. These factors continued to influence vessel deployment, freight and charter rates, insurance costs and overall operating conditions. The dry bulk market remained supportive, particularly in the Handysize and Supramax segments, driven by steady movement of grains, fertilizers, coal, steel products and other minor bulks. The global dry bulk fleet stood at approximately 1,078 million DWT, with the orderbook representing around 16.4% of existing fleet capacity. In addition, approximately 16% of the fleet was 20 years of age or older, indicating a meaningful replacement requirement over the medium term. 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 Charter markets remained firm, with the 2026 base case for Handymax/Handysize vessels at approximately US$15,500 per day, while Supramax spot earnings were around US$23,200 per day as at 13 October 2026. The combination of resilient cargo demand, an ageing fleet and limited availability of suitable modern tonnage continued to support the market, notwithstanding ongoing volatility. The container shipping market also remained firm across selected vessel sizes and trade lanes. Global active capacity stood at approximately 34.3 million TEU, against an orderbook of approximately 14.9 million TEU, which is expected to influence the medium-term supply- demand balance. The 2,500-3,500 TEU segment continued to command charter rates of approximately US$40,000-45,000 per day in October 2026, supported by firm regional demand and limited prompt tonnage. Geopolitical uncertainty, particularly across the Strait of Hormuz, Gulf of Oman and Red Sea, remained a key risk for maritime trade, resulting in vessel re-routing, higher insurance costs and increased operational complexity. At the same time, these disruptions contributed to capacity dislocation and supported freight and charter markets in certain segments. Overall, the industry outlook remained constructive but volatile. Firm charter markets in selected segments, an ageing dry bulk fleet and limited availability of modern second-hand tonnage continued to provide support to earnings and asset values, while geopolitical uncertainty, elevated vessel prices and the sizeable container orderbook remained key factors requiring a disciplined approach to fleet acquisition and deployment. 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 Business Performance: The Company’s current fleet stands at 1 dry handy size bulk vessel. It is pertinent to note that consequent to the transaction undertaken with M/s. Avana Logistek Limited (part of Unifeeder ISC FZCO) for container vessels and deployment of bulk carriers in the global markets, charter hire income is the primary source of revenue for the Company. During the quarter ended September 30, 2026, the Company has entered into a memorandum of agreement (“MOA”) to sell five of its vessels named M.V. SSL Kaveri, M. V. SSL Brahmaputra, M. V. SSL Visakhapatnam, M. V. SSL Sabarimalai and TBC Kailash. This initiative forms part of the Company’s broader strategy to optimise its fleet composition and enhance operational efficiency. In parallel, the Company is actively evaluating opportunities to acquire modern vessels, including containers and/or dry bulk ships, aligned with evolving market dynamics and customer requirements. The Company has also entered into a memorandum of agreement (“MOA”) for purchase of 2 dry bulk vessels namely M.V. Valsamitis and M.V. Saltwind Explorer. The Company has also approved an investment for Joint Venture with Bainbridge Navigation DMCC for establishing a shipping pool company focused on the Handysize vessel segment, with the objective of consolidating operations and enhancing efficiency in the dry bulk shipping market. The Company believes that a balanced strategy of divestment and acquisition will position it advantageously to capitalize on emerging opportunities in the global shipping sector. However, the current market presents a limited availability of suitable vessel acquisition 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 opportunities, and those that are available are priced at levels that render such investments commercially unviable. Consequently, the Company’s efforts to pursue acquisitions under prevailing market conditions have not yielded the desired outcomes thus far. Having said that, the Company remains of the considered view that this strategic approach is in its best long- term interest and is expected to generate sustainable value for its stakeholders over time. Financial Performance: The Financial Performance of the Company is detailed hereunder. Quarterly Performance – Q2 FY27 compared with Q2 FY26 - Consolidated • Revenue stood at Rs. 141 crores as compared to Rs. 143 crores in previous year corresponding quarter. • EBITDA stood at Rs. 80 crores as compared to Rs. 18 crores in previous year corresponding quarter. • Profit Before Tax (PBT) stood at Rs. 56 crores as compared to loss of Rs. 11 crores in previous year corresponding quarter. • Profit After Tax (PAT) stood at Rs. 56 crores as compared to loss of Rs. 11 crores in previous year corresponding quarter. • EPS (Basic /Diluted) stood at Rs. 25.56 as compared to Rs. (5.12) in previous year corresponding quarter Quarterly Performance – Q2 FY27 compared with Q1 FY27 - Consolidated • Revenue stood at Rs. 141 crores as compared to Rs. 102 crores in p [Showing first 8,000 characters — download PDF for full document]