East West Freight Carriers Limited has announced the incorporation of its wholly-owned subsidiary, East West Advance Systems Private Limited. This new entity, established on November 13, 2026, will focus on Information Technology, SaaS, Deep-Tech, and electronics manufacturing. The move signals the company’s strategic expansion into technology-driven services, aiming to diversify its business operations beyond its traditional freight forwarding services.
East West Freight Carriers Establishes New IT Subsidiary
East West Freight Carriers Limited has officially announced the successful incorporation of a new wholly-owned subsidiary, named East West Advance Systems Private Limited. This strategic development, confirmed on November 14, 2026, marks a significant step for the company as it ventures into the technology sector.
Subsidiary Focus and Objectives
The newly formed entity is set to operate within the Information Technology (IT) domain, encompassing areas such as Software-as-a-Service (SaaS), Deep-Tech (including Artificial Intelligence, Machine Learning, and IoT), and Electronics Manufacturing & Turnkey Systems Integration. East West Advance Systems Private Limited is being incorporated to function as a turnkey systems integrator and technology provider, aiming to complement and diversify the parent company’s existing business portfolio.
Incorporation Details
The subsidiary was incorporated with an authorized capital of ₹5,00,000, divided into 50,000 equity shares of ₹10 each. Its paid-up capital is ₹1,00,000, comprising 10,000 equity shares of ₹10 each, fully subscribed in cash. The incorporation was officially completed on November 13, 2026, making it a wholly-owned subsidiary of East West Freight Carriers Limited effective from the same date.
This initiative reflects East West Freight Carriers’ commitment to exploring new growth avenues and leveraging technological advancements to enhance its market presence and service offerings.
Source: BSE
