Snowman Logistics reports delay in RPT disclosure submission

0 min read     Updated on 26 Jun 2026, 04:25 AM
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Jubin VScanX News Team
AI Summary

Snowman Logistics Ltd reported a delay in submitting its Related Party Transactions (RPT) disclosure for the half year ended September 30, 2025, due to technical errors in the XBRL filing process. The company successfully uploaded the file after repeated attempts and requested the NSE to grant relief for the inadvertent delay.

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Snowman Logistics Ltd reported a delay in submitting its Related Party Transactions (RPT) disclosure for the half year ended September 30, 2025. The company attributed the delay to technical errors encountered while uploading the XBRL file on the National Stock Exchange (NSE) portal. This disclosure is mandated under Regulation 23(9) of the SEBI (LODR) Regulations, 2015.

The company stated that it had informed the exchange about the issue during the filing process. After repeated attempts, the XBRL file was successfully uploaded. Sohan Singh Dhakad, Company Secretary & Compliance Officer at Snowman Logistics, submitted the explanation to the NSE on December 7, 2025, seeking relief for the inadvertent delay.

In its communication, the company emphasized its track record of timely compliance with regulatory requirements. It asserted that there had been no previous instances of non-compliance. The request for relief was made to excuse the delay caused by the technical difficulties.

The submission included a screenshot confirming the successful upload of the financial results. The company expressed its commitment to diligent adherence to all regulatory norms going forward.

Historical Stock Returns for Snowman Logistics

1 Day5 Days1 Month6 Months1 Year5 Years
-2.96%-7.20%-3.34%-9.62%-39.83%-31.96%

How might the NSE respond to the request for relief given the technical nature of the delay?

Will this incident prompt Snowman Logistics to review its internal IT infrastructure for future regulatory filings?

Could this delay impact investor perception despite the company's strong historical compliance record?

Snowman Logistics appoints two independent directors

1 min read     Updated on 16 Jun 2026, 01:57 AM
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Suketu GScanX News Team
AI Summary

Snowman Logistics Limited announced the appointment of Mr. Raghav Chandra and Ms. Sriparna Ganguly Chaudhuri as Non-Executive Independent Directors following a postal ballot concluded on June 13, 2026. The special resolutions were passed with over 99.97% approval from shareholders, with the e-voting period running from May 15 to June 13, 2026.

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Snowman Logistics Limited has secured shareholder approval to appoint two new Non-Executive Independent Directors, Mr. Raghav Chandra and Ms. Sriparna Ganguly Chaudhuri, following the conclusion of its postal ballot on June 13, 2026. The appointments were approved through special resolutions, with the voting results showing strong backing from the shareholder base.

The postal ballot process, conducted via remote e-voting, sought approval for the two special resolutions. The e-voting period commenced on May 15, 2026, and concluded on June 13, 2026. A total of 1,01,315 shareholders were on record as of the cut-off date of May 8, 2026. The scrutinizer for the process was CS Nagendra D. Rao of M/s. Nagendra D Rao LLP and Associates.

Voting Results

Both resolutions received the requisite majority required for passage. The detailed voting patterns for the resolutions are outlined below:

Resolution Votes For Votes Against % For % Against
Appointment of Mr. Raghav Chandra 94,657,989 30,617 99.97% 0.03%
Appointment of Ms. Sriparna Ganguly Chaudhuri 94,656,877 31,729 99.97% 0.03%

Resolution Details

The first resolution sought approval for the appointment of Mr. Raghav Chandra (DIN: 00057760). A total of 167 members voted in favour, representing 94,657,989 votes, while 27 members voted against, representing 30,617 votes. Additionally, 3 members abstained from voting, representing 360 votes.

The second resolution concerned the appointment of Ms. Sriparna Ganguly Chaudhuri (DIN: 03275993). This resolution saw 165 members vote in favour with 94,656,877 votes, and 29 members vote against with 31,729 votes. Similar to the first resolution, 3 members abstained, representing 360 votes. The company confirmed that the special resolutions have been passed with the requisite majority.

Historical Stock Returns for Snowman Logistics

1 Day5 Days1 Month6 Months1 Year5 Years
-2.96%-7.20%-3.34%-9.62%-39.83%-31.96%

How will the specific expertise of Mr. Chandra and Ms. Chaudhuri influence Snowman Logistics' strategic direction in the cold chain sector?

What impact will these board changes have on the company's governance standards and future ESG initiatives?

Could this board expansion signal upcoming strategic partnerships or M&A activity for Snowman Logistics?

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