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Snowman Logistics Ltd ( (IN:SNOWMAN) ) has shared an announcement.
Snowman Logistics has overhauled parts of its board and key management, appointing Raghav Chandra and Sriparna Ganguly Chaudhuri as non-executive independent directors for five-year terms, subject to shareholder approval. Independent directors Arun Kumar Gupta and Bhaskar Avula Reddy will step down on completion of their second consecutive five-year terms on 26 April 2026, with the board recording its appreciation for their contributions.
The company is also reshaping its governance structure with the resignation of company secretary and compliance officer Sohan Singh Dhakad, who will move to another role within the firm from 30 April 2026, and the appointment of Richa Gupta as the new company secretary and compliance officer from 1 May 2026. Corresponding changes have been made to the list of key managerial personnel authorised to determine and disclose material events, and a postal ballot will be circulated to shareholders to ratify the independent director appointments.
More about Snowman Logistics Ltd
Snowman Logistics Ltd is an Indian company operating in the cold chain logistics and temperature-controlled warehousing sector, serving food, pharmaceuticals and other temperature-sensitive industries. The company runs facilities and operations from hubs including Navi Mumbai and New Delhi, and is listed on both the National Stock Exchange of India and BSE.
Average Trading Volume: 57,312
Technical Sentiment Signal: Sell
Current Market Cap: 7.26B INR
For a thorough assessment of SNOWMAN stock, go to TipRanks’ Stock Analysis page.