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Transworld Shipping Lines completed the sale and delivery of vessel M.V. SSL Godavari to Avana Logistek Limited. This asset disposal streamlines the company's maritime fleet operations.
Transworld Shipping Lines Limited signed an agreement to sell its vessel 'M.V. SSL Thamirabarani' for ₹54.15 Crore. The sale to Avana Logistek Limited monetises existing assets.
Transworld Shipping Lines reported FY26 revenue of ₹548 Crore and a ₹75 Crore annual loss. Strategic fleet divestment continues alongside potential joint venture and acquisition plans.
Transworld Shipping Lines re-appointed Sivaswamy Ramakrishnan Iyer as Chairperson and Milind Kashinath Patankar as MD. These extensions provide leadership stability for a three-year term.
Transworld Shipping Lines approved the re-appointment of Sivaswamy Ramakrishnan Iyer and Milind Kashinath Patankar. Both directors were re-appointed for 36-month terms effective 2027.
Transworld Shipping Lines Ltd reported revenue from operations of ₹132.4 Cr (-12.8% YoY) and a net loss of ₹29.5 Cr for Q4 FY26.
Transworld Shipping Lines reported audited FY2026 financial results and re-appointed its Executive Chairman and Managing Director. The board also fixed the AGM date for August 2026.
Transworld Shipping Lines agreed to sell its vessel M.V. SSL Mumbai for ₹33.60 Crore. The transaction with Avana Logistek facilitates strategic asset monetisation.