Western Carriers (India) Limited , a prominent player in the logistics sector, has reported a significant insider transaction. Mr. Rajendra Sethia, who holds the positions of Promoter, Chairman, and Managing Director of the company, has increased his stake through a substantial share purchase.

Transaction Details

According to a disclosure made under SEBI regulations, Mr. Sethia acquired 178,552 equity shares of Western Carriers through open market transactions on September 10, 2025. This acquisition represents 0.18% of the company's total issued and paid-up share capital.

Regulatory Compliance

The company promptly reported this transaction in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was made to both the BSE Limited and the National Stock Exchange of India Limited on September 11, 2025.

Recent Acquisition Pattern

Interestingly, this is not the first recent purchase by Mr. Sethia. The LODR data reveals that on September 9, 2025, he had acquired an additional 21,448 equity shares, representing 0.02% of the company's total issued and paid-up share capital.

Cumulative Impact

When considering both transactions together, Mr. Rajendra Sethia has acquired a total of 200,000 equity shares over two consecutive days, increasing his stake in Western Carriers by approximately 0.20%.

Market Information

For investors and market watchers, it's worth noting that Western Carriers (India) Limited trades under the scrip code 544258 on BSE and the scrip symbol WCIL on the National Stock Exchange.

This insider buying activity by a key executive and promoter may be of interest to shareholders and potential investors, as it could be perceived as a sign of confidence in the company's prospects. However, as always, investors are advised to conduct their own research and consider multiple factors before making investment decisions.

Western Carriers (India) Limited has announced that its 14th Annual General Meeting (AGM) will be held on Saturday, September 27, 2025 at 10:30 A.M. IST through video conferencing (VC) and other audio-visual means (OAVM).

Key Agenda Items

The AGM will consider the following key items:

• Adoption of audited standalone and consolidated financial statements for FY 2024-25
• Re-appointment of Mrs. Sushila Sethia as Director liable to retire by rotation
• Approval for continuation of Mrs. Sushila Sethia as Whole-time Director after attaining age of 70 years
• Appointment of Mr. Ashok Kumar Daga as Secretarial Auditor for 5 years

E-Voting Details

The remote e-voting period will be from September 24-26, 2025. Members can cast their vote electronically during this period or during the AGM. The cut-off date for determining voting eligibility is September 20, 2025.

Other Key Points

• The AGM will be held virtually in compliance with MCA and SEBI circulars
• Members can inspect relevant documents electronically by sending a request to the company
• The company has appointed M/s. Sharma & Trivedi LLP as scrutinizer for the e-voting process
• Results will be announced within 2 working days of the AGM conclusion

The notice provides detailed instructions on attending the virtual AGM and participating in e-voting through the NSDL platform. Shareholders are encouraged to update their email IDs and other details with their depository participants to receive communications electronically.