Om Freight Forwarders Limited, a prominent player in the freight forwarding industry, has witnessed a significant change in its shareholding pattern as three promoter group members acquired a substantial number of equity shares through open market transactions.

Key Acquisition Details

The promoter group members collectively acquired 9,00,000 equity shares, representing 2.67% of the company's total share capital. The breakdown of the acquisition is as follows:

Impact on Shareholding

This acquisition has led to a notable increase in the promoter group's stake in Om Freight Forwarders Limited. The updated shareholding positions are as follows:

Transaction Details

The acquisitions were made through open market transactions. Maya Rahul Joshi's purchase was executed on November 17, while Kejal Harmesh Joshi and Lachita Kamesh Joshi made their acquisitions on November 18.

Company Overview

Om Freight Forwarders Limited is listed on both the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE).

This move by the promoter group to increase their stake may be seen as a sign of confidence in the company's future prospects. However, it's important to note that this action does not necessarily indicate any specific plans or changes in the company's operations or strategy.

Om Freight Forwarders Limited , a prominent Third-Party Logistics Provider, has released its financial results for the first quarter of the fiscal year 2025-2026, revealing a significant decline in revenue and profit compared to the previous quarter. The company has also announced plans to secure a substantial loan from its key executives.

Financial Performance

Om Freight Forwarders reported a consolidated revenue from operations of Rs 944.31 crore for Q1 FY26, marking a 23.5% decrease from Rs 1,233.77 crore in the previous quarter. The company's profit after tax also saw a decline, dropping to Rs 32.48 crore from Rs 71.41 crore in the prior quarter.

The company's earnings per share (EPS) for the quarter stood at Rs 1.02, compared to Rs 2.24 in the previous quarter.

Loan Approval

In a significant development, Om Freight Forwarders' board has approved the availment of loans up to Rs 70 crore from three key executives for the financial year 2025-2026:

1. Rahul J Joshi - Chairman and Managing Director
2. Harmesh R Joshi - Executive Director
3. Kamesh R Joshi - Executive Director

This decision suggests that the company may be looking to strengthen its financial position or fund potential initiatives.

Business Operations

Om Freight Forwarders Limited operates as a Third-Party Logistics Provider. The company's Chief Operating Decision maker reviews business and operations as a single segment, indicating a focused approach to its logistics services.

It's worth noting that during the quarter ended June 2024, the company had secured and executed a major contract for material handling at various ports in India from a marquee customer. This contract had resulted in a significant increase in revenue and profits for that period, which may partly explain the year-on-year decline in the current quarter's performance.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on October 28, 2025. The Statutory Auditors have reviewed these results with no qualifications in their report.

As Om Freight Forwarders navigates through the challenges reflected in its Q1 FY26 results, the approved loan from promoters may provide additional financial flexibility. Stakeholders will likely be watching closely to see how the company utilizes these funds and works to improve its performance in the coming quarters.