The Exchange had sought clarification from Snowman Logistics Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Financial results submitted in XBRL with discrepancies The response of the Company is enclosed.
SNOWMAN · price
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Awaiting price reaction for this filing.
NSE had sought clarification from Snowman Logistics regarding its Q4 and FY25 (year ended 31 March 2025) financial results filed under Regulation 33 of SEBI LODR. The company explained that during the initial XBRL submission on 26 May 2025, the result type was inadvertently tagged as 'Non-banking Non-IND AS' instead of the correct 'Non-Banking IND AS' category, since the company is required to follow Indian Accounting Standards under the Companies (Indian Accounting Standards) Rules, 2015. The Board of Directors had approved the original results on 26 May 2025 and they were submitted to the exchange within the prescribed timelines. A revised XBRL filing with the corrected category was submitted on 30 June 2025. Crucially, the company confirmed there is no change in the actual financial results already submitted as part of the board meeting outcome.
This is purely a procedural filing-correction exercise with no change to the underlying financial numbers, so it is unlikely to have any material effect on the stock price or shareholder value.