Announced Wed, 8 Apr · 14:02 IST

Refer attached document

Management Changes View source PDF

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
-0.4%1-day move
₹43.18
prior close
₹42.11
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+2.1-0.4-0.4+4.7+10.4+12.7+14.5+22.7+22.1+17.3+15.8
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AI summary

Flomic Global Logistics Ltd is seeking shareholder approval via postal ballot for the re-appointment of Mr. Suresh Salian as a Non-Executive Independent Director for a second term of 5 years (30th May 2026 to 29th May 2031). Mr. Salian, aged 66, was first appointed on 31st May 2021 and has over 30 years of experience in business management. The re-appointment was recommended by the Nomination and Remuneration Committee and approved by the Board on 30th March 2026. The company has confirmed Mr. Salian meets independence criteria under the Companies Act and SEBI Listing Regulations. The e-voting period runs from 10th April 2026 to 9th May 2026, with results to be declared by 12th May 2026. Mr. Salian also serves as an Independent Director on HCKK Ventures Limited.

Likely market impact

This is a routine governance item; re-appointment of an existing independent director poses no concern and maintains board continuity. No material impact on stock price expected.