OMFREIGHTBSEOm Freight Forwarders LtdMediumNeutral
Announced Wed, 13 May · 19:48 IST

Appointment of Ms. Manisha Saluja as Company Secretary and Compliance officer (Key Managerial Personnel) of the Company w.e.f. May 13, 2026.

Management Changes View source PDF

OMFREIGHT · price

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Price reaction · full curve 14 horizons · vs prior close
-0.3%1-day move
₹89.99
prior close
₹91.55
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.4-2.3-1.7-2.1-0.3-3.3-3.3-2.2-0.8-2.7-7.2-7.8+1.1
Up moveDown movePending
AI summary

Om Freight Forwarders Limited held a Board Meeting on May 13, 2026, and approved two key appointments. Ms. Manisha Kaur Saluja (ACS-77481), an Associate Member of ICSI with experience in corporate law, SEBI regulations, and compliance, was appointed as Company Secretary, Compliance Officer, and Key Managerial Personnel (KMP), effective immediately. Separately, Mr. Keval M. Shah, a Chartered Accountant with over a decade of experience in corporate advisory, M&A, IPO advisory, and regulatory compliance, was appointed as Additional Director designated as Non-Executive Independent Director for a five-year term (May 13, 2026 – May 12, 2031), subject to shareholder approval. The Board also dissolved its Risk Management Committee, citing that the company is not among the top 1,000 listed entities by market capitalization and hence is not required to maintain such a committee.

Likely market impact

The appointment of a dedicated Company Secretary and Compliance Officer strengthens the company's governance framework, which is a positive signal for regulatory compliance. The addition of an Independent Director enhances board independence, which is generally viewed favourably by investors.