Announced Mon, 5 Jan · 17:22 IST

Total Transport Systems Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot

Board & Shareholder Meetings View source PDFExplain this filing

TOTAL · price

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Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹76.10
prior close
₹76.49
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.5-2.5-2.5-1.3+0.0+1.2-4.7-8.0-6.2-3.5-11.9-13.5-21.7-34.8
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AI summary

Total Transport Systems Limited held a postal ballot on a special resolution to disinvest up to 81% of its stake in wholly-owned subsidiary OneWorld Logistics Private Limited. Remote e-voting ran from December 6, 2025 to January 4, 2026, with 6,857 eligible shareholders as of the November 28, 2025 cut-off. Of the 1.61 crore outstanding shares, about 1.03 crore (63.6%) were polled, with 99.99% voting in favour and only 1,051 shares (0.01%) against. Promoters voted 100% in favour and public non-institutional holders approved with 99.96% support. The scrutinizer, M/s Mishra & Associates, has declared the special resolution as passed.

Likely market impact

Shareholder approval clears the path for Total Transport Systems to sell up to 81% of its OneWorld Logistics subsidiary, which could mark a major restructuring or value-unlocking move. The near-unanimous vote suggests minimal resistance from investors to this strategic decision.