SNOWMAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Snowman Logistics Ltd is seeking shareholder approval via postal ballot for the appointment of two Non-Executive Independent Directors. Mr. Raghav Chandra (former IAS officer, 1982 batch) and Ms. Sriparna Ganguly Chaudhuri (with 30+ years experience in CSR and social development) are being appointed for a 5-year term from April 20, 2026 to April 19, 2031. The appointments are necessary because two existing independent directors (Mr. Arun Kumar Gupta and Mr. Bhaskar Avula Reddy) are completing their second consecutive 5-year term on April 26, 2026. The company needs to maintain adequate composition of independent directors on the Board as per SEBI LODR Regulation 17. Both candidates meet independence criteria under Section 149(6) of the Companies Act, 2013 and have given their consent. Voting period runs from May 15, 2026 to June 13, 2026, with cut-off date May 8, 2026.
The appointments will ensure the company maintains compliance with SEBI listing requirements for board independence. Shareholders should note the voting deadline of June 13, 2026 as this requires special resolution approval.