Reply to Clarification- Financial results

CIN: L63090MH1995PLC091063 Date: May 21, 2026 The General Manager Capital Market (Listing) National Stock Exchange of India Ltd Exchange Plaza, Bandra-Kurla Complex, Bandra (East), Mumbai-400051. SYMBOL: TOTAL Subject: Outcome of Board Meeting of the Company held today i.e., May 21, 2026 Reference: Disclosure pursuant to Regulation 30 of the Securities Exchange and Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015. Dear Sir/Madam, This is to inform you that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; the Board of Directors, at its meeting held today i.e. on May 21, 2026, through video conferencing deemed to be held at 7th Floor T-Square Opp Chandivali Petrol Pump, Sakinaka Andheri (East) Mumbai City MH 400072, considered and approved the: a. Considered & approved the Audited Financial Results for the quarter and financial year ended March 31, 2026, along with draft Statutory Auditor’s Report pursuant to Regulation 33 of the Securities Exchange and Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. b. Considered and approved the proposal for disinvestment of entire 60% stake held by the Company in R N Freight Forwarders Private Limited, a Subsidiary of the Company. Consequent to which R N Freight Forwarders Private Limited will be cease to be a Subsidiary of the Company. (Annexure A) These intimations are being given pursuant to provisions of Regulation 30 and Schedule III Part A of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015. Details as per SEBI Circular bearing no. SEBI/ HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are attached as Annexures to this intimation. Further, in view of the ensuing Board Meeting, the Trading Window for dealing in shares of the Company was already being closed for all Directors/ KMPs/Designated Employees/ Connected Person of the Company from April 01 2026, till 48 hours after the declaration of Audited Standalone and Consolidated Financial Results for the quarter and year ended on March 31, 2026 (both days inclusive) in accordance with SEBI (Prohibition of Insider Trading) Regulation, 2015 and the Company’s Code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading by Insiders. 91-22-66441500 | Fax : 91 2266441585 www.ttspl.in info@ttspl.in CIN: L63090MH1995PLC091063 The Board Meeting commenced at 11:30 A.M. and concluded at 5.30 P.M. For and on behalf of, Total Transport Systems Limited Bhavik Trivedi Company Secretary & Compliance Officer Membership No. A49807 Place: Mumbai 91-22-66441500 | Fax : 91 2266441585 www.ttspl.in info@ttspl.in CIN: L63090MH1995PLC091063 Annexure A Details with respect disinvestment in R N Freight Forwarders Private Limited, a Subsidiary of the Company as required under Regulation 30 Read with Schedule III of the Listing Regulations and SEBI Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Sr. Particulars Details 1 The amount and percentage of the turnover FY 2025-26 or revenue or income, and net worth contributed by such subsidiary of the Turnover: INR 546.31Lakhs and Company during the last financial year. 0.88% of consolidated turnover Net-worth: INR -70.93Lakhs and - 0.78% of net-worth 2 Date on which the agreement for sale has No Such Agreement has been entered been entered into. into. 3 The expected date of completion of Expected date of disinvestment is June sale/disposal. 30, 2026. 4 Consideration received from such Total consideration for the said sale/disposal. disinvestment is INR. 2,46,000/- which will be received in single tranche. 5 Brief details of buyers and whether any of Mr. Rajesh Sharma who is a the buyers belong to the promoter/ Shareholder and Director on the board promoter group/group companies. If yes, of R N Freight Forwarders Private details thereof. Limited. Further the buyer does not belong to promoter / promoter group of the Company and neither does it belong to any group companies of the Company. 6 Whether the transaction would fall within Yes, the said transaction qualifies as an related party transactions? If yes, whether Related Party Transaction. the same is done at “arm’s length. 7. Whether the sale, lease or disposal of the Not Applicable. undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations. 91-22-66441500 | Fax : 91 2266441585 www.ttspl.in info@ttspl.in CIN: L63090MH1995PLC091063 8. Additionally, in case of a slump sale, Not Applicable, as the transaction is indicative disclosures provided for not a Slump Sale. amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale. For and on behalf of, Total Transport Systems Limited Bhavik Trivedi Company Secretary & Compliance Officer Membership No. A49807 Place: Mumbai 91-22-66441500 | Fax : 91 2266441585 www.ttspl.in info@ttspl.in CIN: L63090MH1995PLC091063 Date: May 21, 2026 The General Manager Capital Market (Listing) National Stock Exchange of India Ltd Exchange Plaza, Bandra-Kurla Complex, Bandra (East), Mumbai-400051. SYMBOL: TOTAL Subject: Declaration for Audit Report with unmodified Opinion(s) for the Financial Year 2025-2026 Respected Sir/Madam, Pursuant to Regulation 33(3)(d) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby declare that the Statutory Auditors of the Company have issued Auditors Report with unmodified opinion on Standalone & Consolidated Audited Financial Results for the quarter and year ended March 31, 2026 and the same was approved at the said Board Meeting held today i.e. on May 21, 2026. This is for your information and record. Thanking you, For and on behalf of, Total Transport Systems Limited Makarand Pradhan Managing Director DIN: 00102413 Place: Mumbai 91-22-66441500 | Fax : 91 2266441585 www.ttspl.in info@ttspl.in M. P. Chitale & Co. Chartered Accountants 708, Trade World, ‘C’ Wing, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai 400 013 •Tel.: 43474301-43474303 Independent Auditors’ Report on Quarterly and Year to Date Audited Standalone Financial Results of the Company Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended To The Board of Directors Total Transport Systems Limited Report on the Audit of Financial Results Opinion We have audited the accompanying Financial Results of total Transport Systems Limited ("the Company”) for the quarter and year ended March 31, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"), which has been initialled by us for identification purpose only. In our opinion and to the best of our information and according to the explanations given to us, the Statement: i. is presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and ii. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information of the Company for the quarter and year ended March 31, 2026. Basis for Opinion We conducted our audit of the Statement in accordance with the Standards on Auditing (“SAs”), specified under Section 143(10) of the Companies Act, 2013 (“the Act”). Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the In [Showing first 8,000 characters — download PDF for full document]