Key Transaction Details

  • The company signed a Memorandum of Agreement for purchase of one vessel named "Valsamitis" from Greenland Marine Ltd., Monrovia, Liberia
  • The agreement was received by the company on 05th September 2026
  • The purchase consideration is US$ 11,750,000

Parties Involved

  • Buyer: Transworld Shipping Lines Limited (formerly known as Shreyas Shipping and Logistics Limited)
  • Seller: Greenland Marine Ltd., Monrovia, Liberia

Relationship Disclosure

  • No shareholding exists in the entity with whom the agreement is executed
  • The parties are not related to promoter/promoter group/group companies in any manner
  • The transaction does not fall within related party transactions
  • The transaction is conducted at arm's length basis

Additional Information

  • No special rights like right to appoint directors, first right to share subscription, or right to restrict capital structure changes
  • No issuance of shares involved in this transaction
  • No nominee on board of directors or potential conflict of interest arising from the agreement