Total Transport Systems Limited announces Postal Ballot for Disinvestment
Total Transport Systems Limited announces postal ballot for disinvestment of up to 81% stake in OneWorld Logistics Private Limited for ₹75 crore. E-voting commences on December 06, 2025, results by January 06, 2026.
The disinvestment of a significant stake in a subsidiary could have a medium impact on the company's future operations and financial position.
The announcement is about seeking shareholder approval for a disinvestment plan, which is a neutral corporate action.
* Total Transport Systems Limited is seeking shareholder approval via postal ballot for the disinvestment of up to 81% stake in its wholly-owned material subsidiary, OneWorld Logistics Private Limited. * The remote e-voting will commence on December 06, 2025, at 09:00 a.m. IST and conclude on January 04, 2026, at 05:00 p.m. IST. * The proposed disinvestment is to M/s Moreshwar Corporation for a consideration of ₹75 crore, payable in tranches. * The results of the postal ballot will be announced on or before January 06, 2026. * M/s Mishra & Associates, Practicing Company Secretaries, have been appointed as the Scrutinizer for the postal ballot voting process.
What to do with a filing like this
Total Transport Systems Limited filed this with the NSE as a statutory disclosure, categorised under shareholder meetings. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Total Transport Systems Limited. Read the original for the full detail.