Postal ballot results: MD reappointed and new independent director approved

Board & Shareholder Meetings View source PDF

OMFREIGHT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+9.3%1-day move

₹84.17

prior close

₹84.95

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.1-0.2-0.0+0.1+9.3+13.6+13.2+32.1+25.4+21.2+9.9+10.5——

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AI summary

Om Freight Forwarders postal ballot results (June 20, 2026): Both special resolutions passed. Reappointment of Mr. Rahul J Joshi as Chairman and Managing Director with remuneration got 99.56% support, but promoter votes (1.48 crore shares) were invalid due to related party interest, leaving only 9.95 lakh public shares (2.95% of capital) as valid votes. Appointment of Mr. Keval M. Shah as Independent Director passed with 99.98% support on 1.59 crore shares.

Likely market impact

MD reappointment and new independent director confirmed by shareholders. Routine governance outcome, low price impact expected.