Rajendra Sethia increases stake in Western Carriers to 72.804%

Rajendra Sethia, Promoter and Chairman and Managing Director of western carriers , has increased his shareholding in the company through an open market transaction. Sethia acquired 20,000 equity shares on June 16, 2026, representing 0.020% of the total issued and paid-up share capital. This acquisition raises his total stake to 72.804%, up from 72.784% prior to the purchase.

The disclosure was submitted to BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company's equity share capital consists of 10,19,55,213 shares with a face value of ₹5 each.

Shareholding Details

The following table outlines the changes in Sethia's shareholding following the transaction:

Description	Number of Shares	% of Total Share Capital
Holding before acquisition	7,42,07,605	72.784%
Shares acquired	20,000	0.020%
Holding after acquisition	7,42,27,605	72.804%

Regulatory Filing

Western Carriers (India) Limited confirmed the receipt of the disclosure from Sethia. The filing, signed by Sapna Kochar, Company Secretary & Compliance Officer, detailed the acquirer's status as a promoter and the mode of acquisition as the open market. The total diluted share capital of the company remains unchanged at 10,19,55,213 equity shares.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.81%	+8.69%	+3.15%	-14.57%	-3.25%	-35.60%

Rajendra Sethia, Promoter and Chairman and Managing Director of Western Carriers , has increased his shareholding in the company. Sethia acquired 16,585 equity shares on June 05, 2026, representing 0.016% of the total paid-up capital. The transaction was executed through the open market, raising his total stake to 72.784%.

The disclosure was made to the stock exchanges under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this acquisition, Sethia held 7,41,91,020 shares, which accounted for 72.768% of the company's share capital.

Following the purchase, his holding has increased to 7,42,07,605 shares. The total equity share capital of Western Carriers (India) Limited remains at 10,19,55,213 shares of face value ₹5 each. The shares of the company are listed on BSE Limited and National Stock Exchange of India Limited.

Shareholding Details

Description	Number of Shares	Percentage of Share Capital
Holding before acquisition	7,41,91,020	72.768%
Shares acquired	16,585	0.016%
Holding after acquisition	7,42,07,605	72.784%

The company confirmed that the acquirer belongs to the promoter category. There were no changes in the encumbrance status or holdings in warrants and convertible securities associated with this transaction.