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East West Freight Carriers Ltd is seeking shareholder approval via postal ballot for the regularisation of Mr. Manish Synghal (DIN: 01450135) as a Non-Executive Independent Director. Mr. Synghal was appointed as Additional Director on April 1, 2026, and this appointment requires shareholder approval under SEBI regulations. He is a 54-year-old M. Tech in Automation and the Founder & Managing Director of Dimaz Group, which operates across aviation, travel, international cargo, healthcare, and entertainment sectors. He also serves as President of the IATA Agents Association of India - Maharashtra Chapter. The e-voting period runs from April 8, 2026 to May 7, 2026. He holds no equity shares in the company and has no existing relationship with other directors or KMPs. The resolution requires a special majority for passage.
If approved, this appointment will strengthen the board with an experienced independent director from the aviation and logistics sectors. The company gains governance compliance and potentially benefits from the director's industry expertise, though no immediate material impact on stock price is expected from this routine board appointment.