Ms. Suman Jhakal has resigned as Non-Executive Independent Director from the board of East West Freight Carriers Ltd 's subsidiary, Unique Airfreight Express And Logistics Private Limited, effective September 11, 2026.

The logistics firm disclosed the development in a filing with stock exchanges on September 11, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation was accepted by the board of the subsidiary company.

Resignation Details

Ms. Jhakal cited personal commitments and other professional engagements as the reasons for her departure. In her resignation letter addressed to the Board of Directors of Unique Airfreight Express and Logistics Private Limited, she confirmed that the decision was purely due to personal reasons and other professional commitments, with no other material factors involved.

She thanked the board and management for their cooperation during her tenure as an independent director at the subsidiary level.

Continued Role at Holding Company

Despite stepping down from the subsidiary's board, Ms. Jhakal continues to hold a directorship at the holding company, East West Freight Carriers Ltd. She remains a member of three key board committees at the parent entity:

• Audit Committee
• Nomination and Remuneration Committee
• Stakeholder Relationship Committee

The disclosure noted that apart from East West Freight Carriers Ltd, Ms. Jhakal does not hold directorships in any other listed entities nor serve on the boards of any other committees.

Regulatory Compliance

The intimation was filed under Schedule III of the Listing Regulations and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company attached the copy of the resignation letter received from Ms. Jhakal (DIN: 09722929) along with the required disclosure details for record purposes at BSE Limited and Calcutta Stock Exchange Limited.

East West Freight Carriers has announced the book closure dates for its upcoming annual general meeting. The company’s register of members and share transfer books will remain closed from September 24, 2026, to September 30, 2026.

Meeting Details

The 45th Annual General Meeting (AGM) is scheduled for Wednesday, September 30, 2026, at 11:00 am. The meeting will be conducted through Video Conferencing (VC) and Other Audio Visual Means (OAVM), as per regulatory guidelines. The venue deemed for the meeting is the registered office at 62, Adarsh Industrial Estate, Sahar Chakala Road, Andheri (East), Mumbai.

E-Voting Schedule

Shareholders eligible to vote must be on record as of the cut-off date, fixed at September 23, 2026. The e-voting process follows this timeline:

• Start Date: Sunday, September 27, 2026, at 9:00 am
• End Date: Tuesday, September 29, 2026, at 5:00 pm

This disclosure is made pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was issued on September 7, 2026, by Company Secretary F. Kanojia. Newspaper advertisements for the notice were published on September 10, 2026.

Key Agenda Items

The AGM notice outlines several ordinary and special business items for shareholder approval.

Ordinary Business

Shareholders will consider the adoption of the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026. Additionally, the meeting will vote on the reappointment of Mr. Suresh Menon as Executive Director, who retires by rotation. The company also seeks approval for the reappointment of M/s. Mittal & Associates as Statutory Auditors for a five-year term until the conclusion of the 50th AGM in 2031.

Related Party Transactions

The Board seeks approval for related party transactions with various entities for the financial year 2026-27. The proposed limits are detailed below:

Executive Remuneration Revision

A special resolution will be placed to revise the maximum managerial remuneration cap for Mr. Ajaz Shafi Mohammed, Managing Director & CEO. The limit is proposed to be increased from ₹50 lakh per annum to ₹70 lakh per annum for FY25 and FY26. This resolution also seeks a waiver for the recovery of excess remuneration paid over the baseline threshold, amounting to an aggregate of ₹26.24 lakh across the corresponding periods.

Financial Performance Context

The explanatory statement notes that the company's net profits under Section 198 of the Companies Act were temporarily impacted due to macroeconomic challenges in the global logistics sector. Revenue from operations declined to ₹18,172.69 lakh in FY26 from ₹27,048.17 lakh in FY25. Consequently, the company reported a loss before tax of ₹579.73 lakh for FY26, compared to a profit of ₹113.97 lakh in FY25.