East West Holdings secures contract worth Rs24 crore from Raymond

22 Sep 2022 , 02:16 PM

East West Holdings Limited (through wholly owned subsidiary (WOS) East West Freight Carriers Limited) has acquired a PAN India service contract from Raymond Ltd for Rs24 crore.

East West Holdings would offer PAN India Logistic Support to Raymond under this service contract.

“We have been handling Raymond’s Logistics requirement and looking at the quality of service delivered by our Company, Raymond has entrusted us with the duty to handle their PAN India logistics,” stated Mohammed Ajaz Shafi, Managing Director & CEO, on the occasion.

At around 2.11 PM, East West was trading 1.53% higher at Rs6.64, against the previous close of Rs6.54 on BSE.

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