Company Disclosure: Postal Ballot Voting Results
Resolutions Considered
The postal ballot contained two ordinary resolutions for member approval:
1. Resolution 1: Acquisition of Container Vessel OEL Surya (IMO No. 9320013) from Orient Express Lines Inc.
2. Resolution 2: Acquisition of Container Vessel OEL Varun (IMO No. 9320001) from Orient Express Lines Inc.
Voting Process Details
- Notice Date: 07th September 2026
- Record Date: 07th September 2026 (for determining voting rights)
- Total Shareholders on Record Date: 16,155
- E-voting Provider: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
- Voting Period: Thursday, 24th September 2026 (10:00 AM IST) to Friday, 23rd October 2026 (5:00 PM IST)
- Scrutinizer: B Durgaprasad Rai, Practising Company Secretary (ACS No. 10060, CP No. 4390)
Voting Results Summary
Both resolutions were passed with requisite majority on 23rd October 2026.
Total Outstanding Shares: 9,605,883
Resolution 1 - Acquisition of OEL Surya:
- Total Votes Polled: 619,394 shares (6.4481% of outstanding shares)
- Votes in Favor: 609,113 shares (98.3402% of votes polled)
- Votes Against: 10,281 shares (1.6598% of votes polled)
- Invalid Votes: None
Resolution 2 - Acquisition of OEL Varun:
- Total Votes Polled: 619,394 shares (6.4481% of outstanding shares)
- Votes in Favor: 609,163 shares (98.3482% of votes polled)
- Votes Against: 10,231 shares (1.6518% of votes polled)
- Invalid Votes: None
Category-wise Voting Breakdown
Promoter and Promoter Group:
- Shares Held: 3,115,000
- Votes Polled: 0 (0.0000% of shares held)
- Interest Disclosure: Promoters were interested in both resolutions
Public Institutions:
- Shares Held: 0
- Votes Polled: 0
Public Non-Institutions:
- Shares Held: 6,490,883
- Votes Polled: 619,394 shares (9.5425% of shares held)
- Resolution 1: 609,113 in favor (98.3402%), 10,281 against (1.6598%)
- Resolution 2: 609,163 in favor (98.3482%), 10,231 against (1.6518%)
Scrutinizer's Report Details
B Durgaprasad Rai, Practising Company Secretary, confirmed:
- The postal ballot process complied with Sections 108 and 110 of Companies Act, 2013, Rules 20 and 22 of Companies (Management and Administration) Rules, 2014, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Advertisements were published in Financial Express (English) and Loksatta (Marathi) on 23rd September 2026
- Votes were unblocked at 5:00 PM IST on 23rd October 2026 in presence of two independent witnesses
- Both resolutions passed with requisite majority
Additional Information
- The voting results and scrutinizer's report are available on the company website: https://www.transworld.com/transworld-shipping-lines/
- The scrutinizer's records will remain in safe custody until minutes are approved and signed