Key Resolutions and Voting Results

The 38th AGM was held on 19th August 2026 at 11:00 AM IST through Video Conferencing/Other Audio-Visual Means. The meeting ended at 11:51 AM IST. The record date for determining shareholders entitled to vote was 12th August 2026, with 16,462 total shareholders on record.

Ordinary Business:

Resolution 1: Adoption of Financial Statements

  • Approved with 99.15% votes in favor (15,477,077 votes)
  • 0.85% votes against (132,054 votes)
  • No invalid votes
  • Covers adoption of audited standalone and consolidated financial statements for FY ended 31st March 2026 with reports of Board of Directors and Statutory Auditors

Resolution 2: Re-appointment of Mr. Ramakrishnan Sivaswamy Iyer as Executive Chairman

  • Approved with 99.15% votes in favor (15,477,077 votes)
  • 0.85% votes against (132,054 votes)
  • No invalid votes
  • DIN: 00057637
  • Retires by rotation and offered himself for re-appointment

Special Business:

Resolution 3: Re-appointment of Mr. Ramakrishnan Sivaswamy Iyer as Whole-time Director (Executive Chairman)

  • Approved with 99.15% votes in favor (15,477,077 votes)
  • 0.85% votes against (132,054 votes)
  • No invalid votes
  • Designated as Executive Chairman (Key Managerial Personnel)
  • Term: 3 years effective from 1st April 2027
  • Includes approval of remuneration payable

Resolution 4: Re-appointment of Capt. Milind Kashinath Patankar as Managing Director

  • Approved with 99.15% votes in favor (15,477,072 votes)
  • 0.85% votes against (132,059 votes)
  • No invalid votes
  • DIN: 02444758
  • Designated as Managing Director (Key Managerial Personnel)
  • Term: 3 years effective from 1st July 2027
  • Includes approval of remuneration payable

Voting Process Details

Remote e-voting period: 16th August 2026 (10:00 AM IST) to 18th August 2026 (5:00 PM IST)

E-voting facility provided during AGM for shareholders who didn't vote remotely

Scrutinizer: B. Durgaprasad Rai, Practicing Company Secretary (Membership No. A-10060, CP No. 4390)

Scrutinizer appointed in Board Meeting dated 19th May 2026

Voting conducted through MUFG Intime India Private Limited (RTA) at https://instavote.linkintime.co.in

Shareholder Participation

Total shareholders on record date: 16,462

Promoters and promoter group present through VC: 5 members

Public shareholders present through VC: 36 members

Total shares outstanding: 21,957,533

Total votes polled: 15,609,131 (71.09% of outstanding shares)

Additional Information

Notice of AGM dated 19th May 2026

Advertisement published on 25th July 2026 in Financial Express (English) and Loksatta (Marathi)

Scrutinizer's report and voting results available on company website: https://www.transworld.com/transworld-shipping-lines/updates/