OMFREIGHTBSEOm Freight Forwarders LtdMediumNegative
Announced Fri, 29 May · 19:59 IST

Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015, we wish to inform you that Mr. Ravi Patwa has resigned from the position of the Independent ....

Kmp ResignedManagement Changes 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
+1.3%1-day move
₹83.90
prior close
₹85.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+1.2+0.0+1.1+1.3-1.1-1.7-0.4-2.3+0.0+2.3+32.5
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AI summary

Mr. Ravi Patwa has tendered his resignation as Independent Director of Om Freight Forwarders Ltd, effective from the close of business hours on May 31, 2026. The reason cited is his pre-occupation with other commitments, which prevents him from devoting sufficient time to the company's affairs. Consequently, he will also cease to be a member of both the Audit Committee and the Nomination and Remuneration Committee of the Board. Mr. Patwa has confirmed that there are no other material reasons for his resignation beyond those stated in his letter. The company has filed the disclosure under Regulation 30 of SEBI Listing Regulations along with the resignation letter as annexures.

Likely market impact

The resignation reduces the Board's Independent Director composition, potentially affecting committee structures. Investors should monitor for replacement appointments, as SEBI regulations require adequate independent representation on listed company boards.