The Exchange has 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 is required to clarify the following: -1. Financial results submitted in XBRL with discrepancies The response of the Company is awaited.
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The National Stock Exchange has asked Snowman Logistics to clarify discrepancies found in the financial results filed in XBRL format for the quarter ended 31 March 2025, under Regulation 33 of SEBI's listing rules. XBRL is the standard digital format companies use to submit quarterly results to exchanges. The company has not yet submitted its response. This is a routine exchange query and does not indicate any penalty or enforcement action at this stage.
Investors should watch for the company's response, as unresolved discrepancies could delay the formal approval of Q4 FY25 results. The stock may see short-term volatility until the clarification is provided, but this is not a regulatory penalty or investigation.