East West Freight Carriers Limited - Extension of Contract by Indian Institute of Chemical Technology

East West Freight Carriers Limited (EWFCL) has been informed by Indian Institute of Chemical Technology (CSIR), Hyderabad Telangana that due to the exceptional logistics service rendered by our Company during the contracted period, CSIR has decided to extend our existing Comprehensive service for custom, clearance, freight forwarding & allied services till 31st December, 2025.

Indian Institute of Chemical Technology (CSIR), Hyderabad Telangana, is one of the reputed and the oldest National Indian Institute of Chemical Technology (CSIR) and further extension of service contract till 31st December, 2025 by CSIR is expected to generate additional revenue of Rs. 50 lacs.

Mohammed Ajaz Shafi - Managing Director & CEO said "We are happy to share the above information which reiterate the quality of logistic services provided by our Company."

Shares of East West Holdings Ltd was last trading in BSE at Rs. 4.37 as compared to the previous close of Rs. 4.24. The total number of shares traded during the day was 106415 in over 170 trades.

The stock hit an intraday high of Rs. 4.49 and intraday low of 4.20. The net turnover during the day was Rs. 463762.00.

Source : Equity Bulls

Keywords

EastWestFreightCarriers INE595R01023 CSIR Hyderabad ContractExtension