Western carriers (India) Limited has announced that its promoter and Chairman and Managing Director, Rajendra Sethia, has acquired additional equity shares in the company through open market purchase. The acquisition was disclosed in compliance with SEBI regulations governing substantial acquisition of shares and takeovers.

Share Acquisition Details

The acquisition involved 1,00,000 equity shares of face value ₹5 each, representing 0.098% of the company's total issued and paid-up share capital. The purchase was executed on March 13, 2026, through open market transactions.

Shareholding Pattern Changes

Following this acquisition, Rajendra Sethia's total shareholding in Western Carriers has increased marginally. The transaction reflects the promoter's continued confidence in the company's prospects.

Regulatory Compliance and Documentation

The disclosure was made pursuant to Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Rajendra Sethia formally communicated the acquisition through official letters addressed to BSE Limited, National Stock Exchange of India Limited, and the company's compliance officer.

The company's equity shares are listed on both BSE Limited and National Stock Exchange of India Limited. The total equity share capital of the company remains unchanged at 10,19,55,213 equity shares of ₹5 each following this transaction. All required documentation has been submitted to maintain regulatory compliance and transparency in shareholding disclosures.

Western carriers (India) Ltd has announced the completion of Mr. Bipradas Bhattacharjee's tenure as Independent Director, marking the end of his five-year term with the company. The announcement was made to stock exchanges in compliance with regulatory requirements under SEBI listing obligations.

Director Tenure Details

Mr. Bipradas Bhattacharjee (DIN: 07450712) completed his term as Independent Director on February 25, 2026, after serving for five years. He was re-appointed by company members for this tenure period, which commenced on February 26, 2021.

Regulatory Compliance

The company filed the intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in accordance with multiple SEBI circulars, including SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Company Communication

The formal communication was signed by Sapna Kochar, Company Secretary & Compliance Officer (ICSI Mem. No.: A56298), and submitted to both BSE Limited and National Stock Exchange of India Limited on February 26, 2026. The company is headquartered at 206, Central Plaza, 2/6, Sarat Bose Road, Kolkata-700 020.

Corporate Governance Impact

Following the completion of his tenure, Mr. Bhattacharjee ceased to be a Director of the company with effect from February 26, 2026. The transition represents a natural conclusion of his independent directorship term as per the company's governance framework and regulatory compliance requirements.