Please Find enclosed Notice of Postal Ballot
OMFREIGHT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Om Freight Forwarders Ltd is seeking shareholder approval via postal ballot for two special resolutions. First, the reappointment of Mr. Rahul J. Joshi as Chairman & Managing Director for 5 years (April 1, 2026 to March 31, 2031) with proposed remuneration up to Rs. 5 crore per annum inclusive of salary, perquisites, and allowances, which would continue as minimum remuneration even if the company has inadequate or no profits. Second, the appointment of Mr. Keval M. Shah as Non-Executive Independent Director for 5 years (May 13, 2026 to May 12, 2031). Remote e-voting runs from May 22, 2026 to June 20, 2026, conducted through NSDL. Results will be declared by June 23, 2026.
Shareholders should note that Mr. Rahul Joshi's remuneration may exceed statutory limits if company profits are insufficient, and two directors (Harmesh Joshi and Kamesh Joshi) have declared potential interest in the reappointment due to family relationship. The independent director appointment adds board independence.