Snowman Logistics Limited has announced an important board meeting scheduled for February 06, 2026, to review the company's quarterly performance and consider dividend distribution to shareholders. The meeting represents a significant milestone in the company's financial calendar as it prepares to present its third-quarter results for the current fiscal year.

Board Meeting Agenda and Key Decisions

The board meeting has been convened under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will address two primary agenda items that are crucial for shareholders and market participants.

Trading Window Restrictions

In accordance with regulatory compliance requirements, Snowman Logistics has implemented trading window restrictions for designated persons, connected persons, and their immediate relatives. The trading window closure was initially announced in the company's letter dated December 23, 2025, and has been in effect since January 01, 2026.

Regulatory Compliance and Communication

The company has formally communicated this development to both major stock exchanges where its shares are listed. The notification was sent to the National Stock Exchange of India Limited and BSE Limited, ensuring full transparency and compliance with listing obligations.

The communication was signed by Sohan Singh Dhakad, Company Secretary & Compliance Officer, and digitally authenticated on February 02, 2026. This formal notification ensures that all stakeholders are adequately informed about the upcoming corporate actions and trading restrictions.

Corporate Structure and Contact Information

Snowman Logistics Limited operates from its corporate office located at Wing B of 4th Floor, Prius Platinum, Saket District Centre, New Delhi, while maintaining its registered office at Plot No. M-8, Talaja Industrial Area, MIDC, Raigad, Navi Mumbai, Maharashtra. The company's systematic approach to regulatory compliance and stakeholder communication reflects its commitment to maintaining transparency in corporate governance.

Snowman Logistics and its parent company Gateway Distriparks Limited (GDL) have reported mixed results for the second quarter, with rail operations showing growth while facing challenges in the Container Freight Station (CFS) and cold chain segments.

Rail Operations Show Resilience

GDL reported an EBITDA per TEU of INR 9,300.00 for its rail operations in Q2. The company has seen an increase in its double-stack percentage from 39% in the previous quarter to 41% in the current quarter, indicating improved operational efficiency.

Samvid Gupta, Joint Managing Director of GDL, expressed optimism about future growth: "We're expecting double-digit growth closer to maybe 10% to 15% from our existing locations over the next 2 to 3 years, not counting Ankleshwar and domestic volumes or any other new location."

Market Share and Expansion

GDL has maintained its strong position in key markets:

The company has also commenced domestic services from Ankleshwar, targeting 1,000+ TEUs monthly within two years. This move into the domestic market is part of GDL's strategy to diversify its operations and mitigate risks associated with international trade fluctuations.

CFS Segment Faces Temporary Setback

The CFS segment experienced a dip in performance, with EBITDA per TEU dropping to INR 1,000.00. Samvid Gupta attributed this to "some one-offs, which included legal costs and repair and maintenance. There was also a dip in exports because of the US tariff situation." However, he expressed confidence that this would improve in the coming quarters, with a target range of INR 1,300.00 to INR 1,400.00 per TEU.

Snowman Logistics: Challenges and Strategies

Snowman Logistics, GDL's cold chain subsidiary, faced challenges in both its transportation and warehousing segments:

Transportation Segment:

• PBT margins dropped to breakeven levels
• The company is realigning its business model and removing low-margin operations
• Management expects to restore margins to high single-digit PBT levels

Warehousing Segment:

• Revenue maintained at INR 60.00 crores
• PBT margins declined from 12% to 3% due to:
  1. Reduced capacity utilization
  2. Weather-related power cuts increasing diesel consumption
  3. Stress in seafood warehouses

Padamdeep Singh Handa, CEO of Snowman Logistics, stated, "We are seeing positive traction from December onwards till the year-end, we are expecting good volumes."

Future Outlook and Strategies

1. Expansion Plans: Snowman Logistics plans to invest INR 100.00-150.00 crores annually, primarily for developing two to three owned warehouses.

2. Fleet Optimization: The company is moving out aging fleet and replacing it with new vehicles, with a focus on leasing and some capex on EVs and CNG vehicles.

3. 5PL Segment Growth: Snowman is working on securing 2-3 major accounts in the 5PL space, with at least one expected to close.

4. Trade Agreements: GDL expects positive impacts from potential trade deals with the UK, EU, US, and other countries, which could boost container volumes.

5. Domestic Market Entry: GDL's move into domestic services from Ankleshwar represents a strategic shift to balance its portfolio and reduce dependence on international trade.

As both companies navigate through temporary challenges, they remain focused on long-term growth strategies and market expansion. The management's outlook suggests a cautious optimism for the coming quarters, with expectations of improved performance across various segments.