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Snowman Logistics Revamps Board and Key Compliance Roles

Story Highlights
  • Snowman Logistics is refreshing its board, adding two new independent directors while two existing independents retire after completing their terms.
  • The company is reshaping governance by replacing its company secretary and compliance officer, updating authorised KMPs, and seeking shareholder approval via postal ballot.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Snowman Logistics Revamps Board and Key Compliance Roles

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Snowman Logistics Ltd ( (IN:SNOWMAN) ) just unveiled an update.

Snowman Logistics Ltd has overhauled parts of its board and key management, appointing former bureaucrat Raghav Chandra and Sriparna Ganguly Chaudhuri as non-executive independent directors for five-year terms, subject to shareholder approval, while long-serving independents Arun Kumar Gupta and Bhaskar Avula Reddy will step down upon completion of their second terms on April 26, 2026. The board also accepted the resignation of company secretary and compliance officer Sohan Singh Dhakad, who will move to another role internally, and named Richa Gupta as the new company secretary and compliance officer from May 1, 2026, prompting an update to authorised key managerial personnel under disclosure rules and a forthcoming postal ballot to formalise the independent director appointments.

More about Snowman Logistics Ltd

Snowman Logistics Ltd is an Indian cold-chain logistics company that provides temperature-controlled warehousing and transportation services. With operations anchored in industrial hubs such as Navi Mumbai and a corporate base in New Delhi, the company focuses on serving food, pharmaceuticals, and other temperature-sensitive sectors across the country.

Average Trading Volume: 57,312

Technical Sentiment Signal: Sell

Current Market Cap: 7.26B INR

For detailed information about SNOWMAN stock, go to TipRanks’ Stock Analysis page.

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