45th AGM: All 5 resolutions passed including MD pay revision
EASTWEST · price
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East West Freight Carriers Limited held its 45th AGM on September 30, 2026 via video conferencing. All five resolutions passed. Adoption of FY26 financial statements, re-appointment of director Suresh Menon, and re-appointment of auditor Mittal and Associates for a second term till 2031 got 99.9964 percent approval. Related party transaction limits were approved with 99.98 percent. The special resolution to revise MD and CEO Ajaz Shafi Mohammed's remuneration and waive recovery of excess pay for FY25 and FY26 also passed after excluding interested promoter votes.
All resolutions passed easily. Only 34 of 22,591 shareholders attended. Polling was 40.58 percent of share capital, showing low retail engagement.