Total Transport Systems Limited has recently announced the acquisition of 3,028,906 equity shares in its wholly-owned subsidiary, OneWorld Logistics Private Limited, at an issue price of INR 72 per share, effective November 7, 2025. This acquisition was facilitated through the conversion of a loan extended to OneWorld and the conversion of 14,75,327 optionally convertible preference shares held by Total Transport Systems. As a result of this transaction, OneWorld Logistics continues to maintain its status as a wholly-owned subsidiary of Total Transport Systems.

OneWorld Logistics, established in the Indian logistics sector, operates in various domains including freight forwarding, shipping, and last mile delivery services. As of March 31, 2025, the company reported a turnover of INR 10,363.80 lakhs. With a presence in over 12 states across India, OneWorld has built a robust network, providing logistics solutions to prominent clients such as Amazon, Flipkart, and FedEx. The company's growth strategy has involved expanding its last mile delivery capabilities, which includes services such as same-day delivery and rural logistics.

The acquisition is classified as a related party transaction, however, it is exempt under relevant provisions due to OneWorld's wholly-owned status. The primary goal of this acquisition is to reduce the debt burden of the subsidiary and strengthen its balance sheet. No additional regulatory approvals were necessary for this transaction, which underscores the company's commitment to enhancing its operational capabilities and market presence in the logistics sector.