East West Holdings renews contract worth Rs12-14cr with Raymond

Under this contract the Company will be providing total Logistic Solutions to Raymond Limited and its group companies.

Aug 04, 2021 04:08 IST India Infoline News Service

East West Holdings Limited (Through Wholly owned Subsidiary (WOS) East West Freight Carriers Limited) has announced renewal of its contract worth approx. Rs12 to 14cr with one of its eminent clients ie. Raymond Limited alongwith its parents, subsidiaries and group companies and divisions of Raymond Limited.

Under this contract the Company will be providing total Logistic Solutions to Raymond Limited and its group companies.

The above contract will boost the Revenue of the Company and help it expand and sustain leadership in its major lines of business.

On the same,  Mohammed Ajaz Shafi - Managing Director & CEO said that “We are proud to be associated again with such a reputed Company and its emphasis the superior quality of services delivered by the Company to its clients and it's our continuous endeavour to add more such reputed clients to our clientele.”

On Wednesday, East West Holdings ended at Rs8.10 per piece lower by 1.10% on Sensex.

Related Story

Open Free Demat Account (Rs699)