Snowman Logistics revamps board and compliance leadership

Snowman Logistics Ltd ( (IN:SNOWMAN) ) has provided an update.

Snowman Logistics Ltd 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 starting 20 April 2026, subject to shareholder approval. The company is simultaneously preparing a postal ballot to secure investor consent for these board changes, signaling a planned refresh of its independent oversight.

Independent directors Arun Kumar Gupta and Bhaskar Avula Reddy will step down at the end of their second consecutive five-year terms on 26 April 2026, with the board formally acknowledging their contributions. The reshuffle marks a transition in board composition that could influence governance dynamics and strategic decision-making as Snowman navigates growth opportunities in the cold chain logistics market.

In parallel, Snowman announced the resignation of company secretary and compliance officer Sohan Singh Dhakad effective 30 April 2026, while retaining him in another role within the organisation. The board has named Richa Gupta as the new company secretary and compliance officer from 1 May 2026, and updated the list of key managerial personnel authorised to determine and disclose material events, aiming to ensure continuity and regulatory compliance.

More about Snowman Logistics Ltd

Snowman Logistics Ltd is an India-based cold chain logistics company that provides temperature-controlled warehousing and transportation services. The company focuses on serving food, pharmaceuticals, and other temperature-sensitive sectors across key industrial and consumption hubs in the country.

Average Trading Volume: 57,312

Technical Sentiment Signal: Sell

Current Market Cap: 7.26B INR

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