Om Freight Forwarders Limited convened a Board of Directors meeting on May 13, 2026, pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 4:45 P.M. (IST) and concluded at 05:13 P.M. (IST). Based on the recommendation of the Nomination and Remuneration Committee, the board considered and approved several significant corporate governance matters.

Appointment of Company Secretary and Compliance Officer

The board approved the appointment of Ms. Manisha Kaur Saluja as Company Secretary and Compliance Officer, designated as Key Managerial Personnel (KMP) of the company, effective May 13, 2026. The key details of her appointment are as follows:

Ms. Manisha Kaur Saluja is an Associate Member of the Institute of Company Secretaries of India (ICSI). She is experienced in handling corporate legal and compliance matters, including the Companies Act, SEBI Listing Regulations, and other allied laws, with a focus on regulatory adherence and governance.

Appointment of Non-Executive Independent Director

The board also approved the appointment of Mr. Keval M. Shah as Additional Director, designated as Non-Executive Independent Director, for a term of five consecutive years commencing from May 13, 2026 to May 12, 2031 (both days inclusive), subject to approval of the members of the company. The key details of his appointment are outlined below:

Mr. Keval M. Shah is a qualified Chartered Accountant with over a decade of professional experience in corporate advisory, transaction structuring, and regulatory compliance. He has served on the boards of both listed and private companies, contributing to corporate governance, strategic oversight, and key decision-making processes. His expertise spans mergers and acquisitions, IPO advisory, income tax, corporate law, securities law, FEMA, and stamp duty matters. He has advised large business houses and high-net-worth individuals on complex financial, regulatory, and strategic matters.

Dissolution of Risk Management Committee

In addition to the above appointments, the board considered and approved the dissolution of the Risk Management Committee of the company. The decision was made on the basis that the provisions relating to the constitution of the Risk Management Committee under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are presently not applicable to the company, as it does not fall among the top 1,000 listed entities based on market capitalization.

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.