Total Transport to divest up to 81% in OneWorld Logistics for Rs 75 cr
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.5 pts less than Nifty Microcap 250 and 5.4 pts less than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Total Transport Systems board approved disinvestment of up to 81% stake in OneWorld Logistics, its wholly owned material subsidiary, for Rs 75 crores to be received in tranches. Buyer is Moreshwar Corporation, an unrelated partnership firm in shipping, logistics and trading. The subsidiary contributed 16% of consolidated turnover (about Rs 103.64 cr) in FY25. Shareholders approval is being sought through postal ballot. Sale is expected to complete by May 30, 2026.
Company is exiting a material subsidiary contributing 16% of revenue. Rs 75 cr inflow (in tranches) may be used to cut debt or expand core business. Watch shareholder vote and deal closure.