OMFREIGHTBSEOm Freight Forwarders LtdMediumNeutral
Announced Wed, 13 May · 19:59 IST

Om Freight Forwarders has informed the Exchange regarding appointment of Mr. Keval Shah as an Additional (Non-Executive Independent Director) of the Company.

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
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+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
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AI summary

Om Freight Forwarders Limited held a board meeting on May 13, 2026, making two key appointments. First, Ms. Manisha Kaur Saluja was appointed as Company Secretary and Compliance Officer, effective immediately, replacing no one specifically mentioned. Second, 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 Non-Executive Independent Director for a 5-year term. The board also dissolved its Risk Management Committee as it is not required to maintain one since the company is outside the top 1,000 listed entities by market capitalization.

Likely market impact

The appointment of an experienced independent director strengthens board governance and oversight. This is a positive signal for shareholders as independent directors bring greater accountability and diverse expertise to board deliberations.