Snowman Logistics Limited has informed the Exchange regarding a press release dated October 07, 2025, titled "Commences Construction of New Temperature-Controlled Warehouse Facility in Pune".
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Awaiting price reaction for this filing.
Snowman Logistics has started building a new temperature-controlled (cold storage) warehouse in Pune. The announcement was made via a press release dated October 7, 2025. The company has not shared the project cost, capacity, or expected completion timeline in this filing. Pune is a growing market for cold chain logistics, driven by demand from pharma, dairy, and processed food sectors. This move aligns with Snowman's strategy of expanding its pan-India cold chain network.
Positive for long-term growth as the new facility will add capacity and potentially boost future revenues. However, near-term impact may be limited as construction takes time to translate into earnings. Investors should watch for updates on project size, investment amount, and completion timeline.