Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Company News

Transworld Shipping Lines Ltd
Transworld Shipping Lines rallies as vessel SSL Sabarimalai cleared to sail
Sep 05,2025
The release order, dated 29 August 2025, was issued by the Principal Officer of MMD, Kolkata, following a re-inspection of the vessel. The company disclosed that SSL Sabarimalai had remained off-hire for 15 days, leading to a temporary loss of revenue. However, the impact on overall financial and operational performance has been termed immaterial.

In a filing, the company clarified that the delay in disclosure occurred due to oversight, as the release order was received on August 29 but communicated to exchanges only on September 2.

Transworld Shipping Lines, formerly known as Shreyas Shipping & Logistics, is a leading player in the shipping and maritime sector. The company owns and operates a diversified fleet of vessels and provides integrated supply chain solutions spanning ship owning, ship management, coastal and international shipping, as well as freight forwarding. It caters to both domestic and global trade requirements, making it a key participant in India’s coastal and international shipping ecosystem.

On a consolidated basis, Transworld Shipping Lines reported net loss of Rs 7.81 crore in Q1 June 2025 as against net profit of Rs 1.97 crore in Q1 June 2024. Net sales rose 1.05% YoY to Rs 94.89 crore in Q1 June 2025.

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise