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.

Om Freight Forwarders Limited, an AEO-ISO certified logistics company, has announced a significant capacity expansion in its warehousing operations through the acquisition of a warehouse situated at Mauje Sarade, Taluka Uran, District Raigad. The disclosure was made on May 08, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Warehousing Capacity Expansion Details

The acquisition marks a notable addition to the company's warehousing infrastructure. The new facility will provide approximately 1,98,000 sq. ft. of open and closed warehousing capacity on a purchased basis, complementing the company's existing approximately 2,50,000 sq. ft. of warehousing and storage capacity spread across existing leased locations. The following table summarises the key parameters of this capacity expansion:

Rationale and Strategic Intent

According to the disclosure, the acquisition is aimed at enhancing storage and logistics handling capacity, supporting demand growth, strengthening the distribution network, and improving overall operational efficiency. The company's existing warehousing footprint has been operating at an average utilization of approximately 87% over the last 12 months, underscoring the operational need for additional capacity.

Financing Structure

The investment of approximately ₹32 crore for the warehouse acquisition will be funded through a combination of a term loan from a bank and internal accruals. The new facility is expected to become operational within 3 months from the date of acquisition, as stated in the regulatory disclosure signed by Executive Director Harmesh Rahul Joshi on May 08, 2026.

Regulatory Disclosure

The disclosure was submitted to both the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 read with Clause 3 of Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Om Freight Forwarders, formerly known as Om Freight Forwarders Private Limited, is headquartered in Mumbai, Maharashtra.