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An update from Snowman Logistics Ltd ( (IN:SNOWMAN) ) is now available.
Snowman Logistics Ltd. has overhauled its board and key managerial positions, appointing Raghav Chandra and Sriparna Ganguly Chaudhuri as non-executive independent directors for five-year terms starting April 20, 2026, subject to shareholder approval. Independent directors Arun Kumar Gupta and Bhaskar Avula Reddy will step down on April 26, 2026 after completing their second consecutive terms, with the board formally acknowledging their contributions.
In a parallel reshuffle of senior management, company secretary and compliance officer Sohan Singh Dhakad has resigned from his KMP role effective April 30, 2026, though he will continue in a different position within the firm. The board has appointed Richa Gupta as the new company secretary and compliance officer from May 1, 2026 and updated the list of key managerial personnel authorized to determine material events, while initiating a postal ballot process to secure shareholder approval for the new independent directors.
More about Snowman Logistics Ltd
Snowman Logistics Ltd. operates in the cold chain logistics sector, providing temperature-controlled warehousing and transportation services across India. The company focuses on serving food, pharmaceuticals, and other temperature-sensitive industries through a network of specialized facilities and distribution capabilities.
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.