East West Freight Carriers Ltd Board Meeting Outcome
East West Freight Carriers Ltd announced the outcome of its Board Meeting held on September 7, 2026. The board approved the 45th Annual General Meeting (AGM) for FY 2025-2026, scheduled for September 30, 2026, to be conducted via Video Conferencing (VC) and Other Audio Visual Means (OAVM). The Register of Members and Share Transfer Books will be closed from September 24 to September 30, 2026, for the AGM. The cut-off date for e-voting is September 23, 2026, with e-voting commencing on September 27 and closing on September 29. Additionally, the re-appointment of M/s. Mittal & Associates as Statutory Auditors for a second five-year term was approved, subject to shareholder approval. The board also approved a revision in the remuneration limit for the Managing Director & CEO, Mr. Ajaz Shafi Mohammed, from ₹4.17 lakhs to ₹5.40 lakhs per month, along with the waiver of recovery of excess remuneration paid for FY 2024-25 & 2025-26, both subject to shareholder approval.
Key Highlights
- 45th AGM scheduled for September 30, 2026, via VC/OAVM.
- Register of Members closed Sept 24-30 for AGM purposes.
- Statutory Auditors re-appointment approved for five years.
- MD & CEO remuneration limit revised, excess recovery waived.
- Shareholder approval required for auditor re-appointment and remuneration changes.
Price Impact
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