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

Snowman Logistics Limited has informed the Exchange regarding Resignation of Mr Sohan Singh Dhakad as Company Secretary & Compliance Officer of the company w.e.f. April 30, 2026.

Kmp 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
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3-1.3-2.0-1.4+1.9-0.3-3.4+0.2-1.9-2.5-7.3-8.9-5.6-11.1
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AI summary

Snowman Logistics Limited's board meeting on 20th April 2026 resulted in multiple key personnel changes. Two new Non-Executive Independent Directors – Mr. Raghav Chandra (former IAS officer, ex-Chairman of NHAI) and Ms. Sriparna Ganguly Chaudhuri (former CEO at Rangsutra Crafts and senior CSR leader) – were appointed as Additional Directors for a 5-year term, subject to shareholder approval via postal ballot. Two existing Independent Directors – Mr. Arun Kumar Gupta and Mr. Bhaskar Avula Reddy – are ceasing their directorship at the close of business on 26th April 2026 upon completion of their second consecutive 5-year term. Mr. Sohan Singh Dhakad resigned as Company Secretary & Compliance Officer (KMP) effective 30th April 2026 to pursue an external opportunity, and Ms. Richa Gupta (qualified CS with ~8 years of experience at ITC, Vedant Fashions, TV Today Network, etc.) has been appointed to replace him from 1st May 2026. The board meeting lasted approximately 34 minutes.

Likely market impact

The appointments of two highly experienced independent directors strengthen the board's governance and expertise, particularly in infrastructure and social impact. The KMP transition at the company secretary level appears routine with a qualified replacement appointed well before the outgoing officer's last day, which is positive for compliance continuity.