Reconstitution of Audit Committee and Nomination & Remuneration Committee of Board
OMFREIGHT · price
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The Board of Directors of Om Freight Forwarders Limited has approved the reconstitution of its Audit Committee and Nomination & Remuneration Committee through a circular resolution dated May 20, 2026. Mr. Keval M. Shah, currently an Independent Director on the Board, has been appointed as a member of both committees with immediate effect. Following this change, the Audit Committee now has four members including Mr. Paras Khimji Savla (Chairman), Mr. Harmesh Rahul Joshi, Mr. Ravi Kumar Patwa, and Mr. Keval M. Shah. The Nomination & Remuneration Committee also now has four members including Ms. Dipti Nikhil Chheda (Chairperson), Mr. Ketan Damji Saiya, Mr. Ravi Kumar Patwa, and Mr. Keval M. Shah.
This is a routine governance update reflecting changes in committee composition. The addition of an Independent Director to both key committees strengthens the oversight structure, which is generally viewed positively by investors. No immediate impact on stock price expected from this update.