Transworld Shipping Lines Limited (formerly known as Shreyas Shipping & Logistics Ltd) has announced the completion of the acquisition of 100% paid-up share capital of Transworld Logistics Private Limited (TLPL) on 31st December 2025. Consequently, TLPL is now a wholly-owned subsidiary of the company. The terms and consideration for this acquisition remain unchanged from the initial disclosure on 12th August 2025. Additionally, the acquisition of a portion of Transworld Integrated Logistek Private Limited (TILPL) is still in process and is expected to be finalized by 31st January 2026. There are no changes to the previously disclosed terms, consideration, or other key aspects of the TILPL acquisition. TLPL, incorporated in 1993, had a turnover of ₹13,90,89,046 in FY25. The acquisition cost for TLPL was ₹2.25 crore, with an additional ₹15.29 crore proposed for working capital, totaling an outlay of ₹39.70 crore. TILPL, incorporated in 2015, reported a turnover of ₹1,90,88,42,295.90 in FY25. The acquisition of TILPL is expected to accelerate revenue growth, enable expansion into new markets, and enhance customer retention. Both acquisitions involve related parties, with key management personnel holding promoter and director positions in the target entities. The transactions are conducted at arm's length.
