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East West Holdings Ltd Company Summary

₹6.35
(-1.40%)
Jul 23, 2024|03:46:00 PM

East West Holdings Ltd Summary

East West Holdings Limited, formerly known Ranken Bonds & Holdings Limited was incorporated as Public Limited Company on 28 August, 1981 and obtained Certificate for Commencement of Business on 7 September, 1981 from the Registrar of Companies, West Bengal. The name of the Company was altered from Ranken Bonds & Holdings Limited to Bullish Bonds & Holdings Limited on March 11, 2015 and further to East West Holdings Limited on April 02, 2019. Initially, Company was engaged in the business of investment in shares and securities and to finance industrial enterprises in India. At present, it is engaged in logistics and allied activities. In 2017-18, the Company acquired East West Freight Carriers Limited (EWFCL) from the Equity shareholders of EWFCL, which is engaged in the business of logistics solution including air and ocean freight forwarding operation and road transportation by acquiring 100% equity shares of EWFCL and made it wholly owned Subsidiary of the Company.East West Freight Carriers Ltd (EWFCL) is the wholly-owned subsidiary of the Company. EWFCL has been in the Indian Freight Forwarding & Logistics space for over 40 years and was ranked as Indias leading air freight forwarding company operating in Asia, Middle East, the USA, Europe, Africa, and Australia. The Company also owns a minority stake in Tandem Logistics (India), a leading Netherland-based logistics company, providing access to an important network of organizations, with more than 180 agents in 65 countries.

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