Total Transport Systems Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 01, 2025
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Total Transport Systems Limited has notified the 30th AGM to be held on Monday, September 1, 2025, at 4:00 PM via video conferencing. The agenda includes adopting FY25 financial statements, re-appointing two directors (Mr. Sanjiv Potnis and Mr. Makarand Pradhan) who retire by rotation, appointing M/s M. P. Chitale & Co as the new Statutory Auditor for five years (replacing S R B C & Co. LLP), appointing M/s Mishra & Associates as Secretarial Auditor for five years, and approving a hike in the annual remuneration of Chairperson Ms. Leena Salvi from ₹50 lakh to ₹60 lakh. From the Chairman's message in the Annual Report, FY25 was a strong year with revenue up 36.3% to ₹665.2 crore, EBITDA up 86.7% to ₹133.5 crore, and profit after tax rising 600% to ₹8.8 crore. The Abhilaya last-mile delivery vertical has scaled to about 2 lakh shipments daily across 1,200+ locations with a 400+ vehicle fleet and continues expanding its electric vehicle fleet.
Routine AGM-related filing with no negative surprise; the strong FY25 results (especially the 600% jump in PAT) are positive for shareholders. Shareholders should note the director re-appointments, the auditor change, and the proposed remuneration revision that requires their approval via e-voting between August 29 and August 31, 2025.