SNOWMANNSESnowman Logistics LimitedMediumNeutral
Announced Mon, 20 Apr · 23:15 IST

Snowman Logistics Limited has informed the Exchange regarding Appointment of Ms Richa Gupta as Company Secretary & Compliance Officer of the company w.e.f. May 01, 2026.

Multiple Ind Directors ResignedKmp ResignedManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.9%1-day move
₹41.90
prior close
₹42.20
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After-mkt
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AI summary

Snowman Logistics Limited's Board meeting on April 20, 2026 approved several key changes. Two Non-Executive Independent Directors - Mr. Arun Kumar Gupta and Mr. Bhaskar Avula Reddy - will cease to be directors from April 26, 2026, after completing their second consecutive 5-year terms. To replace them, the Board appointed Mr. Raghav Chandra (former IAS officer with infrastructure expertise) and Ms. Sriparna Ganguly Chaudhuri (CSR and rural development specialist) as Additional Directors designated as Independent Directors for 5 years, subject to shareholder approval via postal ballot. Additionally, Mr. Sohan Singh Dhakad resigned as Company Secretary and Compliance Officer effective April 30, 2026, to pursue another opportunity. Ms. Richa Gupta has been appointed to this role effective May 1, 2026. The Board also updated its authorized KMPs for determining materiality of events.

Likely market impact

The changes are routine and compliance-driven. Two independent directors completing their tenure is normal governance practice. The new appointments with strong backgrounds in infrastructure and social impact may bring fresh perspectives to the Board. The KMP transition appears smooth with no disruption expected.