Cargotrans Maritime Limited , a company listed on the BSE, conducted an Extra-Ordinary General Meeting (EGM) on November 26, 2025, to seek shareholder approval for significant corporate actions aimed at expanding its capital base and restructuring its board.

Key Proposals

1. Increase in Authorized Share Capital: The company proposed to increase its authorized share capital from ₹5 crore to ₹8 crore, comprising 80,00,000 equity shares of ₹10 each.

2. Preferential Issue of Equity Shares and Warrants: Cargotrans Maritime Limited sought approval for:

   • Issuing up to 15,46,500 equity shares at ₹120 per share
   • Issuing up to 16,50,000 warrants convertible into an equal number of equity shares at ₹120 per warrant

   The total value of this preferential issue amounts to approximately ₹37 crore.

3. Board Appointment: The company proposed the appointment of Mr. Nilesh Gopal Rabadia as an Independent Director.

Meeting Proceedings

The EGM was conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM) in compliance with regulatory guidelines. The company provided remote e-voting facilities to its shareholders from November 23 to November 25, 2025, and also allowed e-voting during the meeting.

Financial Context

To provide context for these corporate actions, here's a snapshot of Cargotrans Maritime Limited's financial position based on the latest available balance sheet data:

The company has shown significant growth in its asset base and equity over the past year, which aligns with its current plans for capital expansion.

Next Steps

The results of the voting on these resolutions are expected to be announced within two working days of the EGM's conclusion. Shareholders and potential investors should keep an eye out for this announcement, as it will determine the company's path forward regarding its capital structure and board composition.

This EGM and its proposals reflect Cargotrans Maritime Limited's strategic moves towards strengthening its financial position and governance structure, potentially positioning itself for future growth opportunities in the maritime sector.

Cargotrans Maritime Limited has reported a robust financial performance for the half-year ended September 30, 2025, showcasing significant growth in both revenue and profitability.

Financial Highlights

The company's standalone financial results reveal impressive year-over-year growth:

All figures in ₹ crore

Consolidated Performance

Cargotrans Maritime's consolidated results demonstrated even stronger performance:

All figures in ₹ crore

The substantial increase in consolidated revenue and net profit reflects improved operational efficiency across the company's maritime and logistics operations.

Operational Efficiency

The company's ability to grow its bottom line at a faster rate than its top line suggests enhanced operational efficiency. The consolidated results show that while revenue grew by 28.32%, net profit surged by 71.49%, indicating effective cost management and improved margins.

Balance Sheet Strength

As of September 30, 2025, Cargotrans Maritime reported a strong balance sheet position:

• Total assets stood at ₹5,176.12 crore, up from ₹3,399.46 crore as of March 31, 2025.
• Shareholders' funds increased to ₹2,562.19 crore from ₹2,281.79 crore in the same period.

Cash Flow Management

The company's cash flow statement reveals:

• Net cash generated from operational activities: ₹(477.07) crore
• Net cash used in investing activities: ₹(347.95) crore
• Net cash from financing activities: ₹844.28 crore

The positive cash flow from financing activities has helped offset the negative operational and investing cash flows, resulting in a net increase in cash and cash equivalents.

Market Position

Cargotrans Maritime's strong financial performance may strengthen its position in the maritime and logistics sector. The company's ability to grow revenue and profitability in the current economic environment demonstrates its resilience and effective business strategies.

Future Outlook

While the company has not provided specific forward-looking statements, the consistent growth in revenue and profitability may indicate positive momentum for future periods.

Investors are advised to conduct their own research and consult financial advisors before making investment decisions based on this report.