Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Total Transport Systems Limited
Meeting Details
- Date: Monday, September 7, 2026
- Time: 3:00 P.M. (IST)
- Location: Conducted through video conferencing mode, deemed to be held at the registered office: 7th Floor T-Square, Opp. Chandivali Petrol Pump, Sakinaka, Andheri (East), Mumbai-400072, Maharashtra
- Type: Annual General Meeting
Proposed Resolutions and Implications
Ordinary Business:
1. To receive, consider and adopt the Audited Standalone Financial Statements for FY 2025-2026 with Reports of Board of Directors and Auditors
2. To receive, consider and adopt the Audited Consolidated Financial Statements for FY 2025-2026 with Report of Auditors
3. To declare a dividend of ₹1.25 per equity share (12.5%) for FY ended March 31, 2026
4. To reappoint Mrs. Leena Prashant Salvi (DIN: 07784529) as director who retires by rotation
5. To reappoint Mr. Shrikant Damodar Nibandhe (DIN: 01029115) as director who retires by rotation
Special Business:
6. Special resolution to approve payment of annual fixed remuneration of ₹60,00,000 to Ms. Leena Salvi, Non-Executive Director for FY 2026-2027, which may be paid as minimum remuneration even if company has no profits or inadequate profits
Voting Process and Methods
- Remote e-Voting Period: September 4, 2026 (9:00 AM) to September 6, 2026 (5:00 PM)
- E-Voting Service Provider: National Securities Depository Limited (NSDL)
- Voting Methods: Remote e-voting prior to meeting and e-voting during AGM proceedings
- Cut-off Date: August 31, 2026 for determining voting rights
- Scrutinizer: M/s. Mishra and Associates appointed to scrutinize e-voting process
Key Dates and Dividend Information
- Record Date for Dividend: August 31, 2026
- Dividend Payment Date: On or after September 9, 2026
- Dividend Amount: ₹1.25 per equity share of ₹10 each (12.5%)
- Payment Method: Electronic mode with TDS deduction as per Income Tax Act
Shareholder Participation Details
- VC/OAVM Access: Available through NSDL e-Voting system
- Registration for Speaking: Members must preregister as speakers by email by August 31, 2026
- Quorum: Attendance through VC/OAVM will count for quorum under Section 103 of Companies Act
- Participation Limit: Minimum 1,000 members on first-come-first-served basis, with no restriction for members holding 2% or more shares
Compliance Information
- Regulatory Compliance: Meeting conducted in compliance with MCA Circulars Nos. 14/2020, 17/2020, 20/2020, 2/2021, 21/2021, 2/2022, 10/2022, 09/23, 9/2024, 03/2025 and SEBI circulars dated May 12, 2020, January 15, 2021, May 13, 2022, January 5, 2023, October 7, 2023 and June 05, 2025
- Document Availability: Notice and Integrated Annual Report available on company website https://ttspl.in/ and NSE website www.nseindia.com
- Green Initiative: Documents sent electronically except to members specifically requesting physical copies
Financial Performance Context (For Special Resolution)
The explanatory statement for item 6 provides financial context:
- FY 2025-2026: Turnover ₹50,450.36 lakh, Profit After Tax ₹709.70 lakh
- FY 2024-2025: Turnover ₹55,636.72 lakh, Profit After Tax ₹1,129.45 lakh
- FY 2023-2024: Turnover ₹39,453.99 lakh, Profit After Tax ₹629.98 lakh
- Paid-up Equity Capital: ₹1,612.7 lakh consistent across all three years
Director Details for Re-appointment
Mrs. Leena Prashant Salvi
- Date of Birth: February 26, 1972
- DIN: 07784529
- First Appointment: April 4, 2017
- Designation: Non-Executive Non-Independent Director
- Qualifications: Commerce Graduate
- Expertise: Project Management, Business Strategy, Resources Management, Business Operations
- Current Remuneration: ₹42,51,000 per annum
- Proposed Remuneration: ₹60,00,000 per annum
- Shares Held: 25,53,549 shares
- Board Meetings Attended (FY 2025-2026): 5 out of 5
Mr. Shrikant Damodar Nibandhe
- Date of Birth: October 29, 1964
- DIN: 01029115
- First Appointment: May 23, 2019
- Designation: Whole Time Director and CFO
- Qualifications: Commerce Graduate
- Expertise: Freight Forwarding Logistics Industry and Management of Container Freight Stations (30+ years experience)
- Remuneration: ₹1,42,00,000 per annum (consistent)
- Shares Held: 12,50,000 shares
- Board Meetings Attended (FY 2025-2026): 6 out of 6
Additional Information
- Helpline Numbers: 022-49186175, 1800-222-990
- Scrutinizer Email: mishragamiassociates@gmail.com
- Company Contact Email: bhavik.trivedi@mum.ttspl.in
- NSDL Helpdesk: 022-4886 7000, 022-2499 7000, evoting@nsdl.co.in
- CDSL Helpdesk: 1800 22 55 33, helpdesk.evoting@cdslindia.com
The company confirms compliance with all applicable provisions of the Companies Act, 2013, SEBI Listing Regulations, and relevant circulars issued by MCA and SEBI.