Flomic Global Logistics Ltd — Others, 25-07-2025: AGM/EGM
25-07-2025 | 07:16 pm
25-07-2025 | 07:16 pm
Flomic Global Logistics has reported the voting results from its Extra-Ordinary General Meeting, where shareholders considered a key proposal. The resolution to amend the company's Articles of Association, enabling the issuance of shares through an Employee Stock Option Plan (ESOP), was approved. Out of 1.45 Cr total votes polled, 87.19% were cast in favour, ensuring its passage. This approval empowers Flomic Global Logistics to implement ESOPs, a strategic tool for attracting, retaining, and motivating talent by aligning employee performance with shareholder value creation.
No comments yet. Be the first to comment!
