Transworld Shipping Lines Limited has successfully completed its acquisition of Transworld Integrated Logistik Private Limited (TILPL), marking a significant expansion in the logistics sector. The company announced the completion of this strategic acquisition on January 30, 2026, following regulatory disclosures made under SEBI regulations.

Transaction Overview

The acquisition involves the purchase of 100% paid-up share capital of TILPL, making it a wholly owned material subsidiary of Transworld Shipping Lines. The transaction structure and key financial details are outlined below:

Target Company Profile

Transworld Integrated Logistik Private Limited is a leading Indian freight forwarder and logistics company incorporated on October 24, 2015. The company operates from its registered office in Navi Mumbai and has established itself as a significant player in the logistics sector.

Financial Performance

TILPL's financial metrics demonstrate its market position in the logistics industry:

Three-Year Revenue Performance

Strategic Rationale

The acquisition aligns with Transworld Shipping Lines' expansion strategy in the logistics sector. The company expects several strategic benefits from this transaction:

• Acceleration of revenue growth through diversified service offerings
• Expansion into emerging markets and new trade corridors
• Enhanced global outreach capabilities across various service segments
• Improved customer acquisition and retention strategies

Related Party Considerations

The transaction qualifies as a related party transaction, as key promoters of Transworld Shipping Lines also hold positions in TILPL. Mr. Sivaswamy Ramakrishnan Iyer, Executive Chairman, and Mr. Ritesh Sivaswamy Ramakrishnan, Non-Executive Director, serve as promoters in both companies. The company has confirmed that the transaction was conducted at arm's length pricing.

Regulatory Compliance

The acquisition was completed following proper regulatory procedures under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. No additional governmental or regulatory approvals were required for this transaction. The company had previously disclosed its intention to acquire TILPL in communications dated August 12, 2025, and December 31, 2025.

Transworld Shipping Lines Limited has received a favorable court order allowing its detained vessel to resume operations. The Gujarat High Court at Ahmedabad issued a release order on January 15, 2026, granting permission for the company's vessel SSL Visakhapatnam to sail from Hazira port.

Court Order Details

The release order was issued in connection with R/Admiralty Suit No.05 of 2026. The case involved allegations from plaintiffs regarding mis-delivery of cargo without the original Bill of Lading being tendered by the defendant. As part of the interim proceedings, the Hon'ble High Court had previously ordered the company to deposit a security amount.

Financial Impact

The company has disclosed the total financial impact of this matter as ₹7.50 crores. This amount comprises the court-ordered security deposit along with associated legal expenses.

Regulatory Compliance

The company made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as required for material events affecting listed entities. This follows an earlier disclosure dated January 13, 2026, indicating the company has been keeping stakeholders informed throughout the legal proceedings.

Operational Implications

With the release order now granted, the SSL Visakhapatnam vessel can resume its sailing operations from Hazira port. The resolution of this matter allows the company to restore normal operations for this particular vessel, which had been detained pending the court proceedings. The company secretary and compliance officer, Namrata Malushte, signed the regulatory filing confirming receipt of the court order on the same date it was issued.