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The latest update is out from Snowman Logistics Ltd ( (IN:SNOWMAN) ).
Snowman Logistics Ltd has overhauled parts of its board and senior management, appointing Raghav Chandra and Sriparna Ganguly Chaudhuri as non-executive independent directors for five-year terms, subject to shareholder approval. The board also noted that independent directors Arun Kumar Gupta and Bhaskar Avula Reddy will step down upon completion of their second consecutive five-year terms on April 26, 2026, with the company formally recording its appreciation for their contributions.
In a further move, the company accepted the resignation of company secretary and compliance officer Sohan Singh Dhakad, who will leave that role on April 30, 2026 but continue in a different capacity with the firm. Snowman has named Richa Gupta as the new company secretary and compliance officer effective May 1, 2026, and revised the list of key managerial personnel authorized to determine and disclose material events under listing rules, reflecting an effort to maintain robust governance as leadership changes are implemented.
More about Snowman Logistics Ltd
Snowman Logistics Ltd is an Indian cold-chain logistics company that provides temperature-controlled warehousing and distribution services. The company focuses on serving sectors such as food, pharmaceuticals and other temperature-sensitive products across key industrial and consumption hubs in India.
Average Trading Volume: 57,312
Technical Sentiment Signal: Sell
Current Market Cap: 7.26B INR
Learn more about SNOWMAN stock on TipRanks’ Stock Analysis page.