TransIndia Real Estate Limited’s subsidiary, Allcargo Group Services Private Limited (AGSPL), has ceased to be a wholly owned subsidiary following a preferential allotment of equity shares to promoter group entities. The Board of Directors of AGSPL approved the allotment on July 01, 2026, reducing TransIndia Real Estate’s stake from 100% to 25%. Consequently, AGSPL has been reclassified as an associate company under Section 2(6) of the Companies Act, 2013, effective from the same date.

The preferential allotment was made on a private placement basis to Allcargo Global Limited, Allcargo Logistics Limited, and Allcargo Terminals Limited. The disclosure was submitted to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transaction was carried out on an arm's length basis, and TransIndia Real Estate was not a party to the transaction.

Financial details for AGSPL for the last financial year, based on audited financial statements as on March 31, 2026, indicate a net worth of ₹1.62 lakh. This figure represents 0.001% of the listed entity's consolidated financials. The subsidiary reported nil turnover during the period.

Financials of AGSPL

*Percentage calculated based on the subsidiary's contribution in the listed entity's consolidated financials.

The information regarding the transaction has been made available on the company’s website. The filing was signed by Khushboo Mishra, Company Secretary & Compliance Officer of TransIndia Real Estate Limited.

TransIndia Real Estate Ltd shareholders have approved the appointment of Mr. Mahendra Kumar Chouhan as a Non-Executive Independent Director and sanctioned material related party transactions with Contech Logistics Solutions Private Limited through a postal ballot process. The resolutions were passed following the conclusion of the remote e-voting on June 28, 2026, as disclosed in the scrutinizer's report submitted to the stock exchanges.

The appointment of Mr. Mahendra Kumar Chouhan (DIN: 00187253) was passed as a Special Resolution. The voting results indicated strong support, with 99.95% of the total votes polled favouring the appointment. Promoters and public institutions voted unanimously in favour, while 97.91% of public non-institutional shareholders supported the resolution.

Shareholders also approved an Ordinary Resolution for material related party transactions with Contech Logistics Solutions Private Limited. This resolution received 98.54% approval from the votes polled. Notably, the promoter and promoter group did not participate in the voting for this resolution, while public institutions cast their votes entirely in favour.

The remote e-voting process was managed by the National Securities Depository Limited (NSDL). Mr. Vijay Yadav, Partner of M/s. AVS & Associates, Company Secretaries, served as the Scrutinizer to ensure the voting was conducted fairly and transparently. The voting period commenced on May 30, 2026, and concluded on June 28, 2026.

The detailed voting results and the scrutinizer's report have been made available on the company's website and the NSDL e-voting portal. The filings were submitted in compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting Results Summary