Flomic Global Logistics Limited has announced that its shareholders have approved the appointment of Mr. Anthony Paul Kennedy Chettiar as a Non-Executive Independent Director on the company's board. The approval was obtained through postal ballot, with the company informing BSE Limited about this significant board change on February 9, 2026.

Appointment Details and Term

The new director's appointment carries specific terms and tenure as outlined by the company:

Professional Background and Qualifications

Mr. Anthony Paul Kennedy Chettiar brings substantial expertise to the board with his diverse educational background and extensive professional experience. Born on March 8, 1965, he holds multiple qualifications including MBA in Finance, A.C.S. (Company Secretary), LL.B., and B.Com degrees.

The newly appointed director is described as a senior legal and governance professional with over 25 years of experience spanning multiple industries. His professional background encompasses:

• Aviation sector experience
• Retail industry expertise
• FMCG sector knowledge
• Manufacturing industry experience
• Financial services background

Governance and Compliance Expertise

Mr. Chettiar's professional profile highlights his proven track record in several key areas of corporate governance. He has demonstrated expertise in advising Boards and CXOs, building scalable governance frameworks, and driving regulatory compliance across organizations.

His experience extends to managing complex litigations and leading strategic legal initiatives. The company notes that his background focuses on enhancing organizational resilience, reputation, and shareholder value through effective governance practices.

Regulatory Compliance

The appointment follows proper regulatory procedures, with Flomic Global Logistics Limited ensuring compliance with SEBI regulations. The company has provided detailed information pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure also aligns with SEBI circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, covering changes in directors and key managerial personnel. The company has confirmed that there are no relationship disclosures required between the new director and existing board members.

Flomic Global Logistics Limited has received a significant Income Tax demand notice from the tax authorities, prompting the company to inform the stock exchange and outline its response strategy.

Tax Demand Details

The logistics company received a Notice of Demand under Section 156 of the Income Tax Act, 1961, from the Income Tax Department's Assessment Unit. The notice pertains to Assessment Year 2020-21 and carries substantial financial implications for the company.

Company's Response Strategy

Flomic Global Logistics has outlined a clear course of action in response to the tax demand. The company expressed strong disagreement with the assessment and announced its intention to challenge the order through legal channels.

The company's planned response includes:

• Initiating appropriate legal remedies against the order
• Filing an appeal against the demand
• Challenging the assessment on grounds of merit

Management's Position

The company's management has taken a firm stance regarding the tax demand. In the official communication to BSE Limited, Flomic Global Logistics characterized the demand as "unwarranted and without merit," indicating confidence in their tax compliance and record-keeping.

Regulatory Compliance

The company fulfilled its disclosure obligations by formally notifying BSE Limited about the tax demand through an official intimation dated February 2, 2026. The communication was signed by Abhay Shah, Company Secretary cum Compliance Officer, ensuring proper corporate governance protocols were followed.

Business Operations Context

Flomic Global Logistics operates as a comprehensive logistics service provider with an extensive network across India. The company maintains branches in major commercial centers including Mumbai, Delhi, Bengaluru, Chennai, Kolkata, and numerous other strategic locations, positioning it as a significant player in the Indian logistics sector.