Promoter Tiraj Kumar Kotian has confirmed that he did not create any encumbrance, directly or indirectly, on the shares held by him in marinetrans india during the financial year ended March 31, 2026. This disclosure was submitted to the National Stock Exchange of India and the company's Audit Committee in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The confirmation, dated April 06, 2026, explicitly states that as of March 31, 2026, the number of shares encumbered or pledged by the promoter is nil. The filing ensures transparency regarding the holding status of the promoter's stake in the company.

Disclosure Details

The communication addressed to the Head of Listing Compliance at the National Stock Exchange and the Audit Committee of Marinetrans India Limited detailed the promoter's compliance status. The document serves as a formal declaration required by market regulations to monitor any pledging of promoter shares.

The confirmation was signed by Tiraj Kumar Babu Kotian in his capacity as Promoter, with a copy of his PAN card enclosed as per the submission requirements.

Marinetrans India Limited has released its audited standalone financial results for the financial year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 20, 2026. The company reported a rise in annual net profit, while revenue from operations saw a decline compared to the previous fiscal year.

Financial Performance

For the year ended March 31, 2026, the company recorded a total income of ₹12,772.77 lakh, down from ₹15,782.07 lakh in the corresponding period last year. Total expenses for the year decreased to ₹12,674.11 lakh from ₹15,694.17 lakh in FY25. The profit before tax for the year stood at ₹98.66 lakh, compared to ₹87.90 lakh in the previous year.

The net profit for the period increased to ₹59.56 lakh, up from ₹49.74 lakh in the prior year. The basic and diluted earnings per equity share for the year were reported at ₹0.46, compared to ₹0.39 in the previous year.

Half-Yearly Results

The company also reported financial results for the half year ended March 31, 2026. Revenue from operations for this period was ₹7,044.41 lakh, while total income stood at ₹7,072.86 lakh. The net profit for the half year was ₹28.72 lakh, with earnings per share at ₹0.23.

Assets and Liabilities

The total assets of the company as of March 31, 2026, amounted to ₹4,308.85 lakh, a slight increase from ₹4,126.11 lakh in the previous year. Equity share capital remained unchanged at ₹1,272.60 lakh. Other equity increased to ₹1,381.14 lakh from ₹1,322.44 lakh.

Corporate Governance

The Board approved the re-appointment of M/s Vatsraj and Company as the Internal Auditor for the financial year 2026-27. The trading window for designated persons and their immediate relatives will open 48 hours after the dissemination of this announcement. The statutory auditors, Bilimoria Mehta & Co., provided an unmodified opinion on the audited financial results.