Cargotrans Maritime Ltd

AGM Details

• AGM held on 28 September 2026 at 4:00 PM via VC/OAVM.
• Record date for voting: 21 September 2026.

Key Resolutions

• Resolution 1: Adopt Audited Standalone and Consolidated Financial Statements for FY2026.
• Resolution 2: Declare dividend at Rs 0.70 per equity share.
• Resolution 3: Appoint Edwin Alexander by rotation and re-appoint if eligible.
• Resolution 4: Re-appoint Udayan Menon as Independent Director.
• Resolution 5: Approve related party transactions.

Voting Results

• Resolution 1: Passed unanimously with 100% in favour.
• Resolution 2: Passed unanimously with 100% in favour.
• Resolution 3: Passed unanimously with 100% in favour.
• Resolution 4: Passed unanimously with 100% in favour.
• Resolution 5: Passed with majority in favour; no votes against reported.

Dividend

• Dividend declared at Rs 0.70 per equity share (face value Rs 10).

Director Changes

• Edwin Alexander retires by rotation; eligible for re-appointment.
• Udayan Menon appointed as Independent Director.

Auditor Appointments

• No changes to statutory or other auditors reported.

Related Party Transactions

• Approval of related party transactions obtained; counterparty and value not disclosed.

Cargotrans Maritime Limited – Closure of Trading Window from 1 October 2026 till 48 hours after declaration of Un-audited Financial Results for the half year ended 30 September 2026.

AGM Details

• Date and time: 28 September 2026, 4:00 PM.
• Mode: VC/OAVM.
• Quorum present; meeting conducted via VC; concluded 4:11 PM.
• Remote e-voting window: 25–27 September 2026.

Resolutions

• Adopt audited standalone and consolidated financial statements.
• Declare dividend at Rs 0.70 per share.
• Appoint Edwin Alexander for re-appointment as director.
• Re-appoint Udayan Menon as Independent Director.
• Approve Related Party Transactions.

Voting Status

• Results not disclosed in filing; will be announced within two working days.

Directors & Appointments

• Edwin Alexander to be re-appointed as director.
• Udayan Menon to continue as Independent Director.

Financial performance

• Standalone revenue from operations: 9,718.75 Lacs, up from 7,967.38.
• Standalone PAT: 282.07 Lacs; up from 246.24.
• Consolidated revenue from operations: 11,070.97 Lacs; Consolidated PAT: 535.18.
• Consolidated PBT: 664.69 Lacs; current tax 127.91; deferred 1.60.
• EPS: Standalone 5.80; Consolidated 11.00.
• Dividend proposed: Rs 0.70 per share; AGM approval required.
• Net cash from operating activities: Consolidated 540.42 Lacs.
• Post-issue paid-up capital: Rs 5.92 crore; authorized cap: Rs 8 crore.

Dividend & capital allocation

• Dividend of Rs 0.70 per equity share proposed; subject to AGM.
• Transfer to reserves: Rs 1.55 Lacs.
• Preferential issue: 12,41,666 equity shares and 16,50,000 warrants issued Feb 2026.
• New subsidiaries post balance-sheet: Alltrans Logitech Limited and CML Investments Private Limited.
• Shares now trading on BSE SME from 25 March 2026.

Capital structure & shareholding

• Authorized capital increased to Rs 8 crore (Nov 2025).
• Post-issue capital: 59,21,666 shares; paid-up Rs 5.92 crore.
• Top holders: Edwin Alexander 38.46%; B Chandrasekhar Rao 5.56%; Mathew Jacob 8.23%.
• Listed on BSE SME; stock code 543618.

Governance & board

• Independent director Udayan Menon reappointed to Sept 2032.
• Mahek Jitendra Kasta ceased as CS; Bhoomi Naygandhi appointed March 17, 2026.
• 18 Board meetings conducted in FY2025-26.
• Secretarial audit by V. N. Vasani; no qualifications.
• Statutory auditors S. N. Shah & Associates; no qualifications.
• SME listing; Corporate Governance not mandated but voluntarily followed.
• Familiarization and Remuneration policies published on company website.

Subsidiaries & group structure

• Six subsidiaries as of 31 Mar 2026: CMAPL, CMFPL, Cargotrans Lines Pte Ltd, CM Liquid & Bulk, Alltrans Logitech, CML Investments.
• CMAPL and CMFPL are Indian; Cargotrans Lines Pte Ltd is Singapore; CM Liquid & Bulk is Indian.
• New: Alltrans Logitech Limited and CML Investments Private Limited formed after balance-sheet date.

Related party transactions

• Significant RPTs with sister concerns and subsidiaries; arm's length per policy.
• Notable transactions include: 1517.78 (Cargotrans Agencies Pvt Ltd), 74.88 (Interest income on loan to Lines PTE).
• Outstanding balances (31/03/2026): Winwin Maritime 16.46; Cargotrans Lines PTE 188.70; others shown in notes.

Audits, controls & compliance

• Internal financial controls are adequate and effective as of 31 March 2026.
• Secretarial audit detects no material qualifications; CSR not applicable.
• No significant regulator orders; no default on debt servicing.
• RBI/compliance frameworks and risk-based internal audit adopted.

Regulatory & AGM details

• AGM scheduled 28 Sept 2026 via VC/OAVM; remote e-voting 25-27 Sept 2026.
• Notice and annual report available electronically; NSDL e-voting platform used.
• PAN/KYC details required for service and e-voting; ODR portal guidance provided.

AGM details

• Date and time: 28 September 2026, 4:00 PM.
• Mode: VC/OAVM.
• Record date: 21 September 2026; transfer closure 22–27 September 2026.

Resolutions to be voted

• Ordinary: adoption of standalone and consolidated financial statements and reports.
• Ordinary: dividend on equity shares at 0.70 per share.
• Ordinary: re-appointment of Edwin Alexander (retiring by rotation).
• Special: re-appointment of Udayan Menon as Independent Director for five years.
• Ordinary: approval of related party transactions for FY2026–29 within limits.

Dividend

• Dividend proposed at Rs 0.70 per equity share (7%), subject to member approval.

Director changes

• Edwin Alexander to be re-appointed (retiring by rotation).
• Udayan Menon to be re-appointed as Independent Director for five years.

Material related party transactions

• Cargotrans Maritime Agencies Private Limited: THC/BL/EXP; max Rs 18.25 crore FY26-27.
• Agencies Private Limited: Clearance charges and godown rent income; max Rs 4.70 crore FY26-27.
• Cargotrans Lines Pte Ltd: Investment; max Rs 15.00 crore per year FY26-29.

Other approvals

• Related Party Transaction approval for FY 2026-29 within specified limits.

Dematerialisation status

• Regulation 74(5) not applicable for quarter ended 30 June 2026.
• The entire holding is in demat form.
• No dematerialisation/rematerialisation requests were received during the period.

Target Entity

• Name: CML Investments Private Limited, proposed wholly owned subsidiary
• To be incorporated in India with paid-up capital of INR 100,000
• Will operate in real estate, securities, and investment trading industry

Size and Ownership

• No turnover as entity is yet to be incorporated
• 100% shareholding to be held by Cargotrans Maritime Limited
• Subscription of 10,000 equity shares of Rs 10 each

Related Party Status

• Entity will be a related party as a wholly owned subsidiary
• Promoters have interest proportional to their holding in parent company

Strategic Rationale

• Engage in real estate and financial investment & trading sectors
• Broaden business portfolio beyond shipping industry
• Provide stability against sector-specific risks

Approvals and Timeline

• No governmental or regulatory approvals required
• No indicative timeline for completion specified

Consideration and Cost

• Consideration via cash subscription of equity shares
• Cost of acquisition is subscription to 10,000 shares at Rs 10 each