Om Freight Forwarders announced the resignation of Independent Director Mr. Ravi Patwa, effective from the close of business hours on May 31, 2026. The resignation was submitted due to the director's pre-occupation with other commitments, which prevents him from devoting sufficient time to the company's affairs. This development necessitates the reconstitution of key board committees.

Mr. Ravi Patwa confirmed that there are no other material reasons for his resignation beyond those stated in his letter. Consequently, he will cease to be a member of the Audit Committee and the Nomination and Remuneration Committee of the Board. The company confirmed that the resignation does not involve any claims for loss of office or compensation.

The disclosure was made to the National Stock Exchange of India and BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has enclosed the resignation letter and the detailed disclosure as required under Para A(7B) of Part A of Schedule III of the SEBI Listing Regulations.

Details of Resignation

Mr. Ravi Patwa clarified that he does not hold any properties or assets of the company in his possession. The company has acknowledged the receipt of the resignation and will undertake the necessary filings with the Registrar of Companies and the stock exchanges.

Om Freight Forwarders Limited has announced a postal ballot notice seeking shareholder approval for the reappointment of its Chairman & Managing Director and the appointment of a new Independent Director. The remote e-voting process is scheduled to commence on May 22, 2026, and conclude on June 20, 2026.

Reappointment of Chairman & Managing Director

The board proposes the reappointment of Mr. Rahul J Joshi as Chairman & Managing Director for a term of five years, commencing from April 1, 2026, to March 31, 2031. Shareholders are also requested to approve the payment of remuneration to him for a period of three financial years, FY 2026-27 to FY 2028-29, in case of inadequacy or absence of profits. The proposed remuneration is up to Rs. 5,00,00,000 per annum, inclusive of salary, perquisites, benefits, and allowances, excluding retirement benefits.

Appointment of Independent Director

The company seeks approval for the appointment of Mr. Keval M. Shah as a Non-Executive Independent Director for a term of five consecutive years from May 13, 2026, to May 12, 2031. Mr. Shah, a qualified Chartered Accountant, was initially appointed as an Additional Director on May 13, 2026. He brings over a decade of experience in corporate advisory, transaction structuring, and regulatory compliance.

Postal Ballot and E-Voting Details

The postal ballot is being conducted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The remote e-voting period will begin at 9:00 AM (IST) on May 22, 2026, and end at 5:00 PM (IST) on June 20, 2026. The results of the postal ballot, along with the Scrutinizer's Report, are expected to be declared on or before June 23, 2026.

Mr. Nitin R Joshi, Practicing Company Secretaries, has been appointed as the Scrutinizer to ensure the voting process is conducted fairly and transparently. The company has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting facility.