Key Resolutions and Voting Results
The company conducted a postal ballot through remote e-voting process seeking approval of members for two special resolutions. The voting period commenced on Friday, May 22, 2026 at 09:00 AM IST and ended on Saturday, June 20, 2026 at 05:00 PM IST. The record date for determining eligible voters was May 15, 2026, with 23,272 shareholders on record.
Resolution 1: Reappointment of Mr. Rahul J Joshi as Chairman & Managing Director
- Description: Approval for the reappointment of Mr. Rahul J Joshi (DIN: 00114172) as Chairman & Managing Director of the Company and payment of remuneration to him
- Type: Special Resolution
- Total votes received: 133 members representing 15,931,820 shares (47.30% of total paid-up equity capital of 33,675,442 shares)
- Invalid votes: 9 members representing 14,936,663 shares (due to related party considerations)
- Net valid votes: 124 members representing 995,157 shares (2.95% of total paid-up capital)
- Votes in favor: 108 members representing 990,793 shares (99.56% of valid votes)
- Votes against: 16 members representing 4,364 shares (0.44% of valid votes)
- Result: PASSED with requisite majority
Resolution 2: Appointment of Mr. Keval M. Shah as Non-Executive & Independent Director
- Description: Appointment of Mr. Keval M. Shah (DIN: 07649694) as Non-Executive & Independent Director of the Company
- Type: Special Resolution
- Total votes received: 133 members representing 15,931,820 shares (47.30% of total paid-up equity capital)
- Invalid votes: None
- Net valid votes: 133 members representing 15,931,820 shares (47.30% of total paid-up capital)
- Votes in favor: 120 members representing 15,929,402 shares (99.98% of valid votes)
- Votes against: 13 members representing 2,418 shares (0.02% of valid votes)
- Result: PASSED with requisite majority
Scrutinizer Details
- Name: Mr. Nitin R. Joshi, Company Secretary
- Membership Number: F3137
- Appointment Date: May 13, 2026 (Board Meeting)
- Report Date: June 22, 2026
Additional Information
- The resolutions are deemed to have been passed on June 20, 2026 (the last date for receipt of votes)
- The company published newspaper advertisements in Financial Express (English) and Pratahakal (Marathi) on May 20, 2026
- The notice was sent to members through electronic mode on May 19, 2026
- The information has been disclosed on the company's website (https://omfreight.com) and stock exchange websites
Shareholding Pattern Context
- Total paid-up equity capital: 33,675,442 shares
- Promoter and Promoter Group holding: 25,208,270 shares (74.88%)
- Public Non-Institutions holding: 7,590,460 shares (22.54%)
- Public Institutions holding: Not specified