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Flomic Global Logistics LtdImportant, 22-08-2025: Company Update

22-08-2025 | 12:26 pm

Flomic Global Logistics' board has approved the "Flomic Employee Stock Option Scheme, 2025," pending shareholder approval. This scheme aims to attract, retain, and motivate key talent by rewarding high performance and aligning their contributions with corporate growth. The plan covers up to 7% of the company's issued equity share capital, with a maximum of 1% granted to any employee in a financial year. Options will vest in equal installments over three to five years from the grant date. The exercise price will be based on the average closing market price on the grant date. This initiative is designed to boost employee retention and drive long-term value creation.

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