Snowman Logistics Limited has informed the Exchange regarding a press release dated July 08, 2025, titled "Snowman Logistics Expands Footprint with New Facility in Kundli".
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Snowman Logistics has started operations at a new temperature-controlled warehousing facility in Kundli, taken on a long-term lease. The facility adds 3,576 pallet positions, raising the company's total capacity to 154,330 pallets across 44 warehouses in 21 cities. The company also operates 296 owned and over 325 leased refrigerated vehicles for cold chain connectivity. The Kundli facility will serve industries such as QSR, ice cream, dairy, confectionery, ready-to-eat meals, bakery, fresh produce, and pharmaceuticals. Chairman Prem Kishan Dass Gupta said this marks an asset-light expansion in Delhi NCR, following recent owned-asset expansions in Kolkata and Krishnapatnam.
This expansion strengthens Snowman's presence in the high-demand Delhi NCR market and increases its national cold-chain capacity. The asset-light lease model should limit capital spending while supporting revenue growth, which is a positive signal for shareholders.