SNOWMANNSESnowman Logistics LimitedMediumNeutral
Announced Mon, 15 Jun · 18:33 IST

Snowman Logistics: Postal Ballot Results - 2 Independent Directors Appointed

Board & Shareholder Meetings View source PDF

SNOWMAN · price

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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
+3.2%1-day move
₹38.50
prior close
₹39.29
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.0-1.4-1.6-1.5+3.2+2.3+1.6+2.8+0.6-1.6-6.0-2.6
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AI summary

Snowman Logistics shareholders approved two special resolutions via postal ballot (concluded June 13, 2026) to appoint Mr. Raghav Chandra and Ms. Sriparna Ganguly Chaudhuri as Non-Executive Independent Directors. Both resolutions passed with 99.97% votes in favor. Out of 1,01,315 total shareholders, 56.67% of outstanding shares were polled. Promoters fully supported both resolutions with 100% votes in favor.

Likely market impact

Two new independent directors join the board with overwhelming shareholder backing (99.97%), reflecting strong support for governance changes.