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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
East West Freight Carriers Ltd (formerly East West Holdings Limited) has filed its Annual Secretarial Compliance Report for the financial year ended 31st March, 2025, as required under SEBI's LODR Regulations. The Practicing Company Secretary flagged two non-compliance issues during the year: (1) a two-day delay in submitting the Corporate Governance Compliance Report for the quarter ended September 2024, attracting a fine of Rs. 4,000 from the stock exchange, and (2) non-compliance with Board meeting quorum requirements under Regulation 17(2A), attracting a fine of Rs. 10,000. The company's website was also noted as being in a transition phase due to a recent merger. All other compliance areas, including Secretarial Standards, insider trading, related party transactions, director disqualification checks, and event disclosures, were found to be in order. Earlier-year issues relating to delayed filings for the June 2023 and March 2023 quarters have been remediated, including payment of a prior Rs. 8,000 fine.
Minor penalties totaling Rs. 14,000 were levied for delayed filing and Board quorum lapses, but the company has largely maintained regulatory compliance. The website transition is tied to an ongoing merger, which is a more material development worth tracking.