Pursuant to Regulation 34 of SEBI (Listing Obligation and Disclosure Requirement), Regulations, 2015 we are enclosing herewith the copy of the Annual Report of the Company for the Financial Year 2025-26 alongwith the Notice of the 45th Annual General Meeting of the Company scheduled to be held on Wednesday 30th September, 2026 at 11:00 am (IST) through Video Conferencing (VC) and Other Audio Visual Means (OAVM).

25th September, 2026 The Department of Corporate Services, BSE Limited 14th Floor, P.J. Towers, Dalal Street, Mumbai - 400 001. Scrip Code: "540006" Dear Sir/ Madam, Subject:- Submission of Annual Report for the Financial Year 2025-26 Pursuant to Regulation 34 of SEBI (Listing Obligation and Disclosure Requirement), Regulations, 2015 we are enclosing herewith the copy of the Annual Report of the Company for the Financial Year 2025-26 alongwith the Notice of the 45th Annual General Meeting of the Company scheduled to be held on Wednesday 30th September, 2026 at 11:00 am (IST) through Video Conferencing (VC) and Other Audio Visual Means (OAVM). The Annual report for the financial year 2025-2026 is made available on the website of the Company, i.e. https://www.ewfcpl.com/, under Investor Relation. This is for your kind information and record Yours faithfully, The Listing Department, The Calcutta Stock Exchange Ltd, 7, Lyons Range, Kolkata - 700 001 Scrip Code: "028105" C O R P O R A T E I N F O R M A T I O N BOARD OF DIRECTORS Mr. Mohammad Shafi Chairman & Executive Director Mr. Mohammed Ajaz Shafi Managing Director & CEO Mr. Suresh Menon Executive Director Mr. Rajesh Thakrar Independent Director **Ms. Suman Jhakal Independent Director Ms. Suman Jhawar Independent Director *Mr. Manish Synghal Independent Director **resigned w.e.f 28/02/2026 * appointed w.e.f 01/04/2026 COMPANY SECRETARY CHIEF FINANCIAL OFFICER Mr. Fulchand Kanojia Mr. Huzefa Wapani SECRETARIAL AUDITORS BANKERS M/s. Nuren Lodaya & Co Axis Bank Limited Practicing Company Secretary STATUTORY AUDITORS REGISTRAR & SHARE TRANSFER AGENT M/s. Mittal & Associates, Satellite Corporate Services Pvt. Ltd. Chartered Accountants Office no.106 & 107, Dattani Plaza, East West Compound, Andheri B-603, Raylon Arcade, Kurla Road, Sakinaka, R K Mandir Road, Kondivita, Mumbai - 400072 Andheri (East), Tel : 022-28520461, 022-28520462 Mumbai -400059 info@satellitecorporate.com, REGISTERED OFFICE East West Freight Carriers Limited CIN - L74110MH1981PLC298496 62, Adarsh Industrial Estate, Sahar Chakala Road, Andheri East, Mumbai – 400 099 Website: www.ewfcpl.com MESSAGE FROM THE MANAGING DIRECTOR Dear Shareholders, The financial year 2025–26 was a challenging period for East West Freight Carriers Limited. The Company reported consolidated revenue from operations of approximately ₹201.63 crore, compared with ₹285.32 crore in the preceding financial year, and closed the year with a consolidated net loss of approximately ₹3.98 crore. The performance was impacted by a combination of geopolitical uncertainty, disruption across international trade and logistics corridors, and consequential pressure on payment and collection cycles. The resulting working-capital requirements necessitated increased reliance on borrowings, with the associated finance costs further impacting profitability. While the financial outcome was below our expectations, the year also compelled us to critically examine our operating structure, cost base and capital utilisation. A POSITIVE START TO FY 2026–27 I am encouraged by the improvement visible in the first quarter of the current financial year. For the quarter ended June 30, 2026, the Company recorded consolidated revenue from operations of approximately ₹45.56 crore. More importantly, despite a lower revenue base compared with the corresponding quarter of the previous year, operating profitability improved significantly and the Company returned to a positive consolidated bottom line. This improvement is an encouraging indication that the measures being undertaken towards operational discipline, margin improvement, working-capital management and cost optimisation are beginning to deliver results. Our immediate objective is to build upon this recovery and progressively strengthen the quality and sustainability of earnings. BUILDING A TECHNOLOGY-LED EAST WEST Our next phase will increasingly be driven by digitisation, technology and intelligent automation.We intend to deploy technology across operational processes, pricing, documentation, customer servicing, financial controls, productivity monitoring and management information systems. Artificial Intelligence will be evaluated and deployed selectively where it can improve decision- making, reduce repetitive processes, enhance productivity or create measurable cost efficiencies.Our objective is not simply to digitise existing processes, but to progressively build a leaner, faster, data- driven and more scalable organisation. EXPANDING BEYOND CONVENTIONAL LOGISTICS While logistics will remain at the core of East West, we also intend to leverage the Company’s existing capabilities, international relationships and Import Export Code (IEC) to selectively explore merchant and international trading opportunities. Our approach will be disciplined and opportunity-driven, with particular emphasis on specialised sectors and products where entry barriers, technical requirements, international sourcing capabilities or supply-chain complexity can provide stronger margins and sustainable competitive advantage. We believe this can progressively create an additional revenue and profitability vertical for the Company while simultaneously leveraging East West’s existing logistics infrastructure and international network. LOOKING AHEAD East West has navigated multiple business cycles during its long operating history. FY 2025– 26 tested our resilience, but it has also reinforced the need to evolve. Our priorities are clear: restore sustainable profitability, strengthen cash flows, reduce financing costs, improve operating efficiency, accelerate technology adoption and selectively develop new high-value business verticals. The improvement witnessed in the first quarter gives us confidence that we are moving in the right direction. There remains considerable work ahead, and we will approach it with discipline, prudence and a clear focus on creating long-term value. I thank our shareholders, customers, business partners, bankers and, most importantly, our employees for their continued support, trust, and dedication and support. Warm regards, Mohammed Ajaz Shafi Managing Director & CEO East West Freight Carriers Limited CONTENTS Statutory Reports Notice 1-18 Directors Report 19-41 42-61 Corporate Governance Report Management Discussion and Analysis 62-67 Certificate of Non-Disqualification Of Directors 68 69-72 Secretarial Audit Report Standalone Financial Statements Auditors Report 73-84 Balance Sheet 85-86 Statement of Profit & Loss 87-88 Cash Flow Statement 89-90 Statement of changes in equity 91 Notes to the Financial Statements 92-126 Consolidated Financial Statements Auditors Report 127-134 Balance Sheet 135-136 Statement of Profit & Loss 137-138 Cash Flow Statement 139-140 Statement of changes in equity 141-142 Notes to the Financial Statements 143-179 EAST WEST FREIGHT CARRIERS LIMITED CIN: L74110MH1981PLC298496 Registered Office: 62, Adarsh Industrial Estate, Sahar Chakala Road, Andheri (East) Mumbai – 400 099 Phone No: - 022 42219000 Website:www.ewfcpl.com Email Id: cs@ewfcpl.com NOTICE OF 45TH ANNUAL GENERAL MEETING NOTICE is hereby given that the 45th Annual General Meeting of the Members of East West Freight Carriers Limited will be held through Video Conferencing (VC) and Other Audio Visual Means (OAVM) on Wednesday 30th September, 2026 at 11:00 am (IST) to transact the following businesses: ORDINARY BUSINESS: ITEM NO. 1 Adoption of Financial Statements: To consider and approved the Audited Standalone & Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the Reports of the Board of Directors and Auditors thereon; and. To consider and if thought fit, to pass the following resolution as an Ordinary Resolution “RESOLVED THAT the Audited Standalone & Consolidated Financial statements of the Company for the financial year ended 31st March, 2026 as per IND-AS including reports of the Board of D [Showing first 8,000 characters — download PDF for full document]