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Awaiting price reaction for this filing.
Flomic Global Logistics has informed the stock exchange that its Board has approved the re-designation of Mr. Satyaprakash Satyanarayan Pathak from Whole Time Director (an executive role) to Non-Executive Non-Independent Director, effective 25th September 2025. The decision was taken via a resolution passed by circulation. The disclosure was filed under SEBI Listing Regulations. Mr. Pathak will remain on the Board but will no longer hold an executive position.
This is an internal board reshuffle with no impact on company financials or shareholding. The move shifts Mr. Pathak from an executive to a non-executive oversight role, which is generally a routine governance change and unlikely to affect the stock price.