Snowman Logistics Ltd

Snowman Logistics Limited is establishing a new 10,000-pallet temperature-controlled warehouse in Hyderabad, set to be operational by Q2 next year. This facility, built under the asset-light Built-to-Suit (BTS) model, will cater to temperatures from -25℃ to +20℃. Located on the NH-44 corridor, it aims to meet rising demand from sectors like seafood, ice cream, QSR, fruits & vegetables, and pharmaceuticals. This expansion, adding to their existing 6,800-pallet capacity in Hyderabad, strengthens their presence in Andhra and Telangana and reinforces their cold chain network across India, which currently stands at 154,319 pallets across 21 cities.

Snowman Logistics Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from July 1, 2026, and will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. The decision aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The specific date for the board meeting to approve these results will be communicated later. This measure is in place to prevent potential insider trading during the sensitive period leading up to the financial results announcement.

Snowman Logistics Ltd. announced the approval of its audited standalone financial results for the quarter and year ended March 31, 2026, during a Board of Directors meeting held on May 06, 2026. The results, along with the Independent Audit Report by M/s S.R. Batliboi & Co. LLP, Statutory Auditors, have been submitted in compliance with Regulation 33 of the SEBI Listing Regulations. The Statutory Auditors issued an Independent Audit Report with an unmodified opinion on the financial results.

Snowman Logistics Limited announced its financial results for the quarter and year ended March 31, 2026. The company reported a 9.4% increase in revenue for the full financial year, reaching ₹604.38 Crores compared to ₹552.53 Crores in FY25. For Q4 FY26, revenue was ₹142.31 Crores, up from ₹137.01 Crores in the corresponding quarter of the previous year. PAT for Q4 was ₹5.54 Crores as against ₹3.90 Crores. Annual PAT was ₹3.30 Crores (FY25: ₹5.69 Crores).

Snowman Logistics Ltd's Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, during its meeting held on May 06, 2026. The results, along with the Independent Audit Report by M/s S.R. Batliboi & Co. LLP, have been submitted in compliance with Regulation 33 of the SEBI Listing Regulations. The Statutory Auditors issued an Independent Audit Report with an unmodified opinion on the financial results.

Snowman Logistics Ltd has announced that its Board of Directors will convene on Wednesday, May 06, 2026. The primary agenda for this meeting is to consider and approve the Audited Financial Results for the quarter and financial year ended March 31, 2026. Additionally, the company informed that the trading window for dealing in its securities, which commenced its closure on April 01, 2026, will remain closed until Friday, May 08, 2026, 48 hours after the declaration of the financial results.

Snowman Logistics Limited's Board of Directors, at its meeting on April 20, 2026, approved several key managerial personnel changes. Mr. Raghav Chandra and Ms. Sriparna Ganguly Chaudhuri were appointed as Non-Executive Independent Directors for a five-year term, subject to shareholder approval. Concurrently, Mr. Arun Kumar Gupta and Mr. Bhaskar Avula Reddy ceased to be Non-Executive Independent Directors due to the completion of their second consecutive terms. Additionally, Mr. Sohan Singh Dhakad resigned from the position of Company Secretary and Compliance Officer, effective April 30, 2026, though he will continue in a different role within the company. Ms. Richa Gupta was appointed as the new Company Secretary and Compliance Officer, effective May 1, 2026. The Board also revised the authorization of Key Managerial Personnel under Regulation 30(5) for determining the materiality of events, now including Mr. Padamdeep Singh Handa (CEO), Mr. Raghav Garg (CFO), and Ms. Richa Gupta (CS & Compliance Officer). A postal ballot notice for the Independent Director appointments will be circulated to shareholders.

Snowman Logistics Limited's Board of Directors has approved the appointment of Mr. Raghav Chandra and Ms. Sriparna Ganguly Chaudhuri as Non-Executive Independent Directors for a term of five years, subject to shareholder approval. Concurrently, Mr. Arun Kumar Gupta and Mr. Bhaskar Avula Reddy will cease to be Independent Directors upon completion of their second consecutive five-year terms on April 26, 2026. The company also announced the resignation of Mr. Sohan Singh Dhakad as Company Secretary and Compliance Officer, effective April 30, 2026, and appointed Ms. Richa Gupta to the role starting May 1, 2026. The board also updated the authorized Key Managerial Personnel for determining event materiality.

Snowman Logistics Limited's Board of Directors has approved the appointment of Mr. Raghav Chandra and Ms. Sriparna Ganguly Chaudhuri as Non-Executive Independent Directors for a term of five years, subject to shareholder approval. Concurrently, Mr. Arun Kumar Gupta and Mr. Bhashkar Avula Reddy will cease to be Independent Directors upon completion of their second consecutive terms on April 26, 2026. The company also announced the resignation of Mr. Sohan Singh Dhakad as Company Secretary and Compliance Officer, effective April 30, 2026, and the appointment of Ms. Richa Gupta to this role from May 1, 2026. The board also updated the authorized personnel for determining materiality of events.

Pursuant to Securities and Exchange Board of India (Prohibition of insider Trading) Regulations, 2015, and the company's policy 'Code of conduct for prohibition of Insider trading', Snowman Logistics Ltd has announced the closure of the trading window for all its designated persons, connected persons, and their immediate relatives. The closure will be effective from Wednesday, April 01, 2026, until forty-eight hours after the declaration of audited Financial Results of the Company for the quarter and year ended March 31, 2026. The date of the Board meeting for considering and approving the audited Financial Results for the quarter and year ended March 31, 2026, will be communicated in due course.