Western Carriers (India) CEO, MD, chairman, board of directors and AGM
NSE: WCILBSE: 544258Transport ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹91.68.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹928 Cr1,451st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 14 Aug 2026
- 25.3
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 16 May 2026
- 1.1
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 14 Aug 2026
- 4.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 14 Aug 2026
- 4.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 16 May 2026
- 0.25
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 94,01443.4% delivered
Western Carriers (India) board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorRAJENDRA SETHIARelated to the promoter
- Chief executiveKANISHKA SETHIA
- Company Secretary and Compliance OfficerSAPNA KOCHAR
6 directors3 independent3 executive
- RAJENDRA SETHIA · Chairperson and managing directorExecutive · joined Mar 2011 · reappointed Apr 2024 · 1 listed board · 1 committee seat
- KANISHKA SETHIA · Chief executiveExecutive · joined Mar 2011 · reappointed Apr 2024 · 2 listed boards · 1 committee seat
- SUSHILA SETHIAExecutive · joined Mar 2011 · reappointed Apr 2024 · 1 listed board
- SUNIL MUNSHIIndependent · joined Sep 2018 · reappointed Sep 2023 · 93 months as independent · 0 listed boards · 1 as independent · 1 committee seat, 1 as chair
- RAJNI MISHRAIndependent · joined Aug 2022 · reappointed Sep 2022 · 45 months as independent · 0 listed boards · 4 as independent · 6 committee seats, 1 as chair
- SUNIL DUGGALIndependent · joined Feb 2026 · reappointed Feb 2026 · 4 months as independent · 0 listed boards · 4 as independent · 2 committee seats, 2 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- BIPRADAS BHATTACHARJEE, left 26 Feb 2026: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 16 May 20265 of 6 present2 independent · 91 days in between
- 13 Feb 20266 of 6 present3 independent · 27 days in between
- 16 Jan 20266 of 6 present3 independent
Audit Committee
Chair RAJNI MISHRA
KANISHKA SETHIA, SUNIL MUNSHI, SUNIL DUGGAL
- 16 May 20263 of 4 present2 independent · 91 days in between
- 13 Feb 20264 of 4 present3 independent · 27 days in between
- 16 Jan 20264 of 4 present3 independent
Nomination and remuneration committee
Chair SUNIL MUNSHI
RAJNI MISHRA, SUNIL DUGGAL
- 16 May 20262 of 3 present2 independent · 91 days in between
- 13 Feb 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair SUNIL MUNSHI
RAJENDRA SETHIA, RAJNI MISHRA
- 16 May 20262 of 3 present1 independent · 91 days in between
- 13 Feb 20263 of 3 present2 independent
Risk Management Committee
Chair RAJNI MISHRA
KANISHKA SETHIA, RAJENDRA SETHIA
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair SUSHILA SETHIA
RAJENDRA SETHIA, SUNIL MUNSHI, RAJNI MISHRA
- 16 May 20263 of 4 present1 independent · 119 days in between
- 16 Jan 20264 of 4 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- D C DHAREWA AND COPeer-review certificate valid to Apr 2029
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Western Carriers (India) AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Western Carriers (India) share news and announcements
Annual general meeting, 30 Sep 2026
78,995 shareholders on the register on 23 Sep 2026; present: 3 promoters and 50 others; votes counted by Vishwanath / Sharma and Trivedi LLP.The company's voting result (opens in a new tab)
- Adoption of the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 77.82% · promoters 100.00% · institutions 99.24% · other public 0.18%
- Adoption of the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 and the Report of the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 77.82% · promoters 100.00% · institutions 99.24% · other public 0.18%
- Re-appointment of Mr. Kanishka Sethia (DIN: 00267232), as a Director liable to retire by rotation.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.24%
Turnout: all 77.82% · promoters 100.00% · institutions 99.24% · other public 0.18%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 12 Apr 2026, 1 resolution
83,555 shareholders on the register on 6 Mar 2026; votes counted by Vishwanath / Sharma and Trivedi LLP.The company's voting result (opens in a new tab)
- Appointment of Mr. Sunil Duggal (DIN: 07291685) as a Non- Executive, Independent Director for a term of 5 years.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 16.15%
Turnout: all 77.65% · promoters 100.00% · institutions 99.66% · other public 0.20%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 27 Sep 2025, 5 resolutions
94,470 shareholders on the register on 20 Sep 2025; present: 3 promoters and 45 others; votes counted by Vishwanath / M/s Sharma and Trivedi LLP.The company's voting result (opens in a new tab)
- Adoption of the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2025 and the Reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.38%
Turnout: all 78.82% · promoters 100.00% · institutions 85.35% · other public 0.33%
- Adoption of the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2025 and the Report of the Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.51%
Turnout: all 78.82% · promoters 100.00% · institutions 85.35% · other public 0.33%
- Re-appointment of Mrs. Sushila Sethia (DIN:00268016), as a Director liable to retire by rotationOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 6.06%
Turnout: all 78.81% · promoters 99.99% · institutions 85.35% · other public 0.33%
- To consider and approve the continuation of the Directorship of Mrs. Sushila Sethia (DIN: 00268016),as a Whole-time Director who will attain the age of Seventy (70) years in this financial year.SpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 6.06%
Turnout: all 78.81% · promoters 99.99% · institutions 85.35% · other public 0.33%
- Appointment of Mr. Ashok Kumar Daga, Practicing Company Secretary, (FCS No. 2699, CoP No. 2948)as the Secretarial Auditor of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 3.25%
Turnout: all 78.82% · promoters 100.00% · institutions 85.35% · other public 0.33%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 12 Apr 2026, 1 fund house
- Appointment of Mr. Sunil Duggal (DIN: 07291685) as a Non- Executive, Independent Director for a term of 5 years.1 for0 against
Mutual fund votes, meeting of 27 Sep 2025, 2 fund houses
- Adoption of the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2025 and the Reports of the Board of Directors and Auditors thereon2 for0 against
- Adoption of the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2025 and the Report of the Auditors thereon2 for0 against
- Re-appointment of Mrs. Sushila Sethia (DIN:00268016), as a Director liable to retire by rotation2 for0 against
- To consider and approve the continuation of the Directorship of Mrs. Sushila Sethia (DIN: 00268016),as a Whole-time Director who will attain the age of Seventy (70) years in this financial year.2 for0 against
- Appointment of Mr. Ashok Kumar Daga, Practicing Company Secretary, (FCS No. 2699, CoP No. 2948)as the Secretarial Auditor of the Company2 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesSep 2024, checked by CRISIL RATINGS LIMITED | 400.00 | Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by Company | 163.50 | 163.50 | No |
| Public IssuesSep 2024, checked by CRISIL RATINGS LIMITED | 400.00 | Funding of capital expenditure requirements of Company towards purchase of (i) commercial vehicles; (ii) 40 feet specialised containers and 20 feet normal shipping containers; and (iii) reach stackers | 151.71 | 64.27 | No |
| Public IssuesSep 2024, checked by CRISIL RATINGS LIMITED | 400.00 | General corporate purposes | 47.73 | 47.73 | No |