SNOWMANNSESnowman Logistics LimitedHighNegative
Announced Tue, 21 Apr · 22:01 IST

Snowman Logistics Limited has informed the Exchange about Resignation of Director/KMP/SMP

Kmp ResignedManagement Changes View source PDF

SNOWMAN · price

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Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹42.49
prior close
₹42.19
base price
After-mkt
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AI summary

Mr. Sohan Singh Dhakad has tendered his resignation from the posts of Company Secretary, Compliance Officer (Key Managerial Personnel), and Nodal Officer at Snowman Logistics Limited, effective 30th April 2026. He cited pursuit of an alternate career opportunity outside the organisation as the reason for stepping down. Dhakad holds Membership No. A63562 and his resignation was communicated via a formal letter dated 14 April 2026, with the company required to intimate the Registrar of Companies and Stock Exchanges. He will continue to serve during the notice period to facilitate an orderly transition of responsibilities.

Likely market impact

The departure of a Key Managerial Personnel, particularly the Company Secretary who also serves as Compliance Officer, creates a compliance and governance vacuum that the company will need to fill urgently. This may attract regulatory attention and could be viewed negatively by investors concerned about administrative continuity.