Re-appointment of Independent Director

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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

-2.3%1-day move

₹52.71

prior close

₹49.07

base price

In-mkt

timing

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+0.0+0.0+0.0+0.0-2.3-4.7-5.6-8.2-12.2-9.4-5.1-3.2-3.2—

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AI summary

Flomic Global Logistics Ltd has announced the re-appointment of Mr. Suresh Salian as a Non-Executive Independent Director for a second term of 5 years, effective from 30th May, 2026. The re-appointment was approved by shareholders through a Postal Ballot process. Mr. Salian, born on 23rd July 1959, has over 30 years of experience in business management. The Board had initially approved this re-appointment in their meeting held on 30th March, 2026. This is a routine governance disclosure under SEBI Listing Regulations.

Likely market impact

This is a standard director re-appointment with no governance concerns. The continuation of an experienced independent director supports board stability and is neutral for shareholders.