Transworld shipping lines Limited has successfully completed the sale of its vessel M.V. SSL Krishna to Avana Logistek Limited, marking the conclusion of a significant asset divestment transaction. The completion was announced through a regulatory filing under Regulation 30 on April 8, 2026.

Transaction Completion Details

The vessel sale was finalized on April 8, 2026, following the execution of the Protocol of Delivery and Acceptance between the buyer and seller. The transaction represents the successful conclusion of the sale process that was previously communicated to the exchanges.

Delivery and Documentation

The vessel was delivered at Chennai, India, with all necessary documentation completed between the parties. The Protocol of Delivery and Acceptance served as the final documentation confirming the transfer of the vessel from Transworld Shipping Lines Limited to Avana Logistek Limited.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 by informing both BSE Limited and National Stock Exchange of India Limited about the transaction completion. This follows the company's earlier communication dated March 20, 2026, which had initially disclosed the planned vessel sale to the exchanges.

The completion of this vessel sale transaction demonstrates Transworld Shipping Lines Limited's continued focus on optimizing its fleet composition and asset portfolio management strategies.

Transworld Shipping Lines Limited has submitted its quarterly compliance certificate to stock exchanges and depositories, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The company filed the mandatory certificate under Regulation 74(5) for the quarter ended March 31, 2026, addressed to multiple regulatory bodies and exchanges:

Certificate Details and Confirmation

The compliance certificate was issued by MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serving as the company's Registrar and Share Transfer Agent. The certificate confirms several critical compliance aspects:

• Securities received from depository participants for dematerialization were properly confirmed to depositories
• All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization were confirmed or rejected within prescribed timelines
• Physical certificates were mutilated and cancelled after due verification by depository participants
• Names of depositories were substituted in the register of members as registered owners

Corporate Structure and Authorization

The filing was authorized by Namrata Malushte, Company Secretary and Compliance Officer of Transworld Shipping Lines Limited, formerly known as Shreyas Shipping and Logistics Limited. The document was digitally signed on April 7, 2026.

Registrar Confirmation

MUFG Intime India Private Limited, with CIN U67190MH1999PTC118368, provided comprehensive confirmation of compliance with depository regulations. The certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry, confirming adherence to all prescribed procedures for handling dematerialized securities during the quarter.

This quarterly filing represents standard regulatory compliance for listed companies, ensuring transparency and proper handling of investor securities through the depository system.