Transworld Shipping Lines MD, chairman, board of directors and AGM
NSE: TRANSWORLDBSE: 520151Transport ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹184.56.
- Under NSE's short-term additional surveillance, stage I, on the list for 23 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Next results date: the board meets on 6 Nov 2026 to consider: financial results and dividend.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹361 Cr2,056th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 14 Jul 2026
- 0.5
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 7 Aug 2026
- −12.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 14 Jul 2026
- 0.37
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 83,80248.2% delivered
Transworld Shipping Lines board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonSivaswamy Ramakrishnan IyerRelated to the promoter
- Managing directorMilind Kashinath Patankar
- Company Secretary and Compliance OfficerNamrata Malushte
9 directors5 independent2 executive2 non-executive
- Sivaswamy Ramakrishnan Iyer · ChairpersonExecutive · joined Apr 2004 · reappointed Apr 2024 · 1 listed board
- Milind Kashinath Patankar · Managing directorExecutive · joined Jul 2021 · reappointed Jul 2024 · 1 listed board · 1 committee seat
- Anisha V. RamakrishnanNon-executive · joined Aug 2021 · reappointed Sep 2024 · 1 listed board · 1 committee seat, 1 as chair
- Ritesh Sivaswamy RamakrishnanNon-executive · joined Nov 2023 · reappointed Nov 2023 · 1 listed board · 1 committee seat
- Deepak ShettyIndependent · joined Feb 2018 · reappointed Jul 2023 · 94 months as independent · 1 listed board · 1 as independent · 4 committee seats, 2 as chair
- Ajit George PaulIndependent · joined Jan 2021 · reappointed Jan 2021 · 59 months as independent · 1 listed board · 1 as independent
- Ratnagiri Sivaram KrishnanIndependent · joined Apr 2021 · reappointed Apr 2021 · 56 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Anil Kumar GuptaIndependent · joined Mar 2024 · reappointed Mar 2024 · 21 months as independent · 1 listed board · 1 as independent · 3 committee seats
- Sangeeta Kapil Jit SinghIndependent · joined Mar 2024 · reappointed Mar 2024 · 21 months as independent · 5 listed boards · 5 as independent · 7 committee seats, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 23 Jun 20269 of 9 present5 independent · 34 days in between
- 19 May 20268 of 9 present5 independent · 94 days in between
- 13 Feb 20268 of 9 present5 independent
Audit Committee
Chair Ratnagiri Sivaram Krishnan
Deepak Shetty, Anil Kumar Gupta, Ritesh Sivaswamy Ramakrishnan
- 19 May 20264 of 4 present3 independent · 94 days in between
- 13 Feb 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Deepak Shetty
Ajit George Paul, Sivaswamy Ramakrishnan Iyer, Sangeeta Kapil Jit Singh
- 18 May 20263 of 4 present3 independent
Stakeholders Relationship Committee
Chair Anisha V. Ramakrishnan
Milind Kashinath Patankar, Sangeeta Kapil Jit Singh
- 18 May 20263 of 3 present1 independent
Risk Management Committee
Chair Deepak Shetty
Ajit George Paul, Milind Kashinath Patankar, Ritesh Sivaswamy Ramakrishnan
- 25 Jun 20264 of 4 present2 independent
Corporate Social Responsibility Committee
Chair Anisha V. Ramakrishnan
Sivaswamy Ramakrishnan Iyer, Ajit George Paul, Ritesh Sivaswamy Ramakrishnan, Sangeeta Kapil Jit Singh
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- PKF SRIDHAR & SANTHANAM LLPPeer-review certificate valid to Oct 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Transworld Shipping Lines AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Transworld Shipping Lines dividend history
Annual general meeting, 19 Aug 2026
16,462 shareholders on the register on 12 Aug 2026; present: 5 promoters and 36 others; votes counted by B. Durgaprasad Rai / B. Durgaprasad Rai.The company's voting result (opens in a new tab)
a. Adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March 2026 together with the Reports of the Board of Directors and Statutory Auditors thereon. b. Adoption of the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2026 together with the Report of Statutory Auditors thereon.MoreLess
Ordinary99.15% for0.85% againstAgainst: promoters 0.00% · institutions 0.00% · other public 89.54%
Turnout: all 71.09% · promoters 99.97% · institutions 0.00% · other public 2.27%
- 2. Re-appointment of Mr. Ramakrishnan Sivaswamy Iyer (DIN: 00057637), Executive Chairman, who retires by rotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it99.15% for0.85% against
Against: promoters 0.00% · institutions 0.00% · other public 89.54%
Turnout: all 71.09% · promoters 99.97% · institutions 0.00% · other public 2.27%
3 -Re-appointment of Mr. Ramakrishnan Sivaswamy Iyer (DIN: 00057637) as Wholetime Director designated as Executive Chairman for a period of three years with effect from 01st April 2027 and approval of remuneration payable thereto.MoreLess
SpecialPromoters have an interest in it99.15% for0.85% againstAgainst: promoters 0.00% · institutions 0.00% · other public 89.54%
Turnout: all 71.09% · promoters 99.97% · institutions 0.00% · other public 2.27%
4 - Re-appointment of Capt. Milind Kashinath Patankar (DIN: 02444758) as Managing Director of the Company for a period of three years with effect from 01st July 2027 and approval of remuneration payable thereto.MoreLess
Special99.15% for0.85% againstAgainst: promoters 0.00% · institutions 0.00% · other public 89.54%
Turnout: all 71.09% · promoters 99.97% · institutions 0.00% · other public 2.27%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 22 Aug 2025, 6 resolutions
16,766 shareholders on the register on 15 Aug 2025; present: 6 promoters and 37 others; votes counted by B. Durgaprasad Rai / B. Durgaprasad Rai.The company's voting result (opens in a new tab)
1. To receive, consider and adopt: a. Audited Standalone Financial Statements for the Financial Year ended 31st March 2025, together with the Reports of the Board of Directors and the Statutory Auditors thereon and b. Audited Consolidated Financial Statements for the Financial Year ended 31st March 2025, together with the Report of Statutory Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.43% · promoters 99.97% · institutions 2.99% · other public 0.04%
- To re-appoint Mr. Ritesh Sivaswamy Ramakrishnan (DIN: 05174818) Non-Executive, Non-Independent Director, who retires by rotation and being eligible, offers himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 69.67% · promoters 98.88% · institutions 2.99% · other public 0.04%
- To declare Dividend at rate of 15% i.e. Rs. 1.50 /- per on equity shares having face value of Rs. 10/- each for the financial year ended 31st March, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.43% · promoters 99.97% · institutions 2.99% · other public 0.04%
- To re-appoint Mr. Ajit George Paul (DIN: 08862403) as Non-Executive Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.43% · promoters 99.97% · institutions 2.99% · other public 0.04%
- To re-appoint Mr. Ratnagiri Sivaram Krishnan (DIN: 06975736) as Non-Executive Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 70.43% · promoters 99.97% · institutions 2.99% · other public 0.04%
- To appoint Mr. B Durgaprasad Rai, Practising Company Secretary Secretaries, as the Secretarial Auditor of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.43% · promoters 99.97% · institutions 2.99% · other public 0.04%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Stakes in unlisted companies
Reported in the filing for the quarter to Jun 2026.
- Unlisted stake heldTransworld Sea-Connect IFSC Private LimitedSince 22 Jan 2025
0.00% bought in the quarter; holding 99.00%, from 99.00%
- Unlisted stake heldTransworld Sea-Connect IFSC Private Limited (Through its Nominee Shareholder - Mr. Ramakrishnan Sivaswamy Iyer)Since 29 Jan 2025
0.00% bought in the quarter; holding 1.00%, from 1.00%
- Unlisted stake boughtTransworld Logistics Private LimitedSince 31 Dec 2025
99.00% bought in the quarter; holding 99.00%, from 0.00%
- Unlisted stake boughtTransworld Logistics Private Limited (Through its Nominee Shareholder - Mr. Ritesh S. Ramakrishnan)Since 31 Dec 2025
1.00% bought in the quarter; holding 1.00%, from 0.00%
- Unlisted stake boughtTransworld Integrated Logistek Private LimitedSince 30 Jan 2026
99.00% bought in the quarter; holding 99.00%, from 0.00%
- Unlisted stake boughtTransworld Integrated Logistek Private Limited (Through its Nominee Shareholder - Mr. Ritesh S. Ramakrishnan)Since 30 Jan 2026
1.00% bought in the quarter; holding 1.00%, from 0.00%
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.