Tag
Rajendra Sethia
5 articles
Western Carriers' financial performance reflects a mixed picture for investors, with revenue increasing by 6% in FY26 to ₹1,829 crore, but net profit declining significantly by 40% to ₹38.8 crore due to ongoing geopolitical disruptions and supply chain headwinds. Promoter and Managing Director Rajendra Sethia has been actively increasing his stake in the company through open market purchases, demonstrating confidence in Western Carriers despite the challenging environment, and now holds 73.096% of the paid-up capital. The company's recent operational expansion, including the full commissioning of its Devaliya multimodal cargo terminal, suggests a focus on long-term growth, though investors should monitor the impact of external factors on profitability and related-party exposures.
Western Carriers 15th AGM Approves Financial Statements, Director Reappointment
Western Carriers held its 15th Annual General Meeting virtually on September 30, 2026 to approve annual financial statements and resolutions.
Members approved adoption of FY26 standalone and consolida
Western Carriers Promoter Sethia Acquires 66,000 Shares
Rajendra Sethia, Promoter and CMD of Western Carriers, acquired 66,000 equity shares (0.065%) via open market on September 29, 2026.
The acquisition increases Sethia's total holding from 73.031% to 73
WCIL Promoter Acquires 0.103% Stake via Open Market
Western Carriers (India) Ltd discloses a regulatory filing under SEBI SAST Regulation 29(2) for promoter share acquisition.
Promoter & CMD Rajendra Sethia acquired 105,000 equity shares (0.103%) on Se
Western Carriers Promoter Acquires 100,000 Shares
Western Carriers India discloses promoter Rajendra Sethia's open market acquisition of 100,000 equity shares on September 18, 2026.
The acquisition increases Sethia's voting rights holding from 72.830
Western Carriers FY26 Revenue Up 6% But Profit Declines 40%
Western Carriers reported FY26 revenue growth of 6% to ₹1,829 crore but net profit declined 40% to ₹38.8 crore due to geopolitical disruptions and supply chain challenges.
The company completed its IP