Snowman Logistics Limited has informed the Exchange regarding a press release dated March 13, 2026, titled "Snowman Logistics to establish a 6,500-pallet facility in Patna".
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Snowman Logistics has announced the commencement of construction of a new temperature-controlled warehouse in Patna with a 6,500-pallet capacity, covering a temperature range of –25°C to +20°C. The facility is being developed under the Built-to-Suit (BTS) model by the Nahar Group and is expected to be operational by January 2027. It will cater to seafood, ice cream, quick-service restaurants, fruits & vegetables, and pharmaceuticals. This adds roughly 4% to Snowman's existing capacity of 160,230 pallets spread across 22 cities. The Chairman highlighted Bihar as an important emerging consumption market in eastern India, with the facility also serving as a regional connectivity node.
This is a measured capacity expansion in line with the company's growth strategy, though the financial outlay is limited since the facility is built by Nahar Group under a BTS model. For shareholders, it signals continued network expansion but is unlikely to be a major stock-moving event in the near term.