Flomic Global Logistics Limited has reported significant financial challenges for the quarter ended September 30, 2025, while simultaneously moving forward with the formal approval process for its recently appointed independent director.

Financial Performance Overview

The company disclosed substantial losses in its second quarter performance, marking a dramatic shift from profitability in the previous year:

The sharp decline in revenue and transition from profit to loss indicates substantial operational challenges during the quarter.

Postal Ballot Process Initiated

Flomic Global Logistics has issued a postal ballot notice dated January 7, 2026, seeking shareholder approval for the appointment of Mr. Anthonypaul Kennedy Chettiar as Non-Executive Independent Director. The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate the e-voting process.

E-Voting Timeline and Process

The postal ballot process follows a structured timeline with specific dates for shareholder participation:

Director Profile and Qualifications

Mr. Anthonypaul Kennedy Chettiar brings extensive experience to the board with his comprehensive professional background:

The appointment requires shareholder approval within three months of the board's decision, as mandated by SEBI Listing Regulations. HD and Associates, Practicing Company Secretary, has been appointed as the scrutinizer for the postal ballot process to ensure transparency and fairness in the voting procedure.

The company has made arrangements for both electronic and physical voting modes, with notices being sent electronically to registered shareholders as per regulatory requirements.

Flomic Global Logistics Limited , a player in the logistics sector, announced a significant change in its leadership team. Mr. Satyaprakash Satyanarayan Pathak has resigned from his positions as Whole-Time Director, Chief Financial Officer (CFO), and Key Managerial Personnel (KMP) of the company.

Resignation Details

According to the company's disclosure to the BSE, Mr. Pathak's resignation will take effect from the closing of business hours on September 25, 2025. Flomic Global Logistics, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has informed the stock exchange about this development.

Reasons for Departure

In his resignation letter, Mr. Pathak confirmed that there are no material reasons for his departure beyond those mentioned in the letter. The company has not disclosed any specific reasons for the resignation in its regulatory filing.

Impact on Directorships

The regulatory filing also noted that Mr. Pathak does not hold directorships in any other listed entities, limiting the impact of his resignation to Flomic Global Logistics Limited.

Company's Response

Flomic Global Logistics Limited has acknowledged Mr. Pathak's resignation and has submitted the necessary disclosures to the BSE. The company's Company Secretary cum Compliance Officer, Abhay Shah, signed off on the regulatory filing, ensuring transparency in the process.

Looking Ahead

As of now, Flomic Global Logistics Limited has not announced any immediate plans for Mr. Pathak's replacement. The company's board and management will likely be focusing on ensuring a smooth transition in the CFO role and maintaining continuity in its financial operations.

This development marks a significant change in Flomic Global Logistics' top management, and stakeholders will be watching closely to see how the company navigates this transition in its financial leadership.