Snowman Logistics Limited has announced that India Ratings and Research Private Limited has affirmed the company's credit rating for its bank loan facilities. The rating affirmation was communicated through an official letter dated March 10, 2026, and disclosed to the stock exchanges on March 11, 2026, in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Credit Rating Details

India Ratings has maintained the credit rating for Snowman Logistics' bank loan facilities with specific parameters:

The rating affirmation covers the company's bank loan facilities, which have been reduced from INR 2,025 million to INR 1,665 million. Despite the reduction in facility size, the rating agency has maintained the same credit rating with a stable outlook.

Facility Breakdown

The bank loan facilities are distributed across different instruments with Axis Bank Limited:

Regulatory Compliance

The disclosure was made by Company Secretary and Compliance Officer Sohan Singh Dhakad, ensuring compliance with stock exchange requirements. The communication was addressed to both the National Stock Exchange of India Limited and BSE Limited, maintaining transparency with all stakeholders.

Rating Agency Communication

India Ratings' letter, signed by Senior Director Abhishek Bhattacharya, outlined the rating methodology and the factors considered in the affirmation process. The rating agency emphasized that the ratings are based on established criteria and methodologies that are continuously evaluated and updated to reflect current market conditions and company performance.

Snowman Logistics Limited has declared its first interim dividend for the current financial year, marking a positive development for shareholders. The Board of Directors approved the dividend declaration at their meeting held on February 06, 2026.

Dividend Details

The company has announced key parameters for the interim dividend distribution:

Regulatory Compliance

The dividend announcement was formally communicated to stock exchanges as required under Regulation 42. The company notified both the National Stock Exchange of India Limited and BSE Limited about the interim dividend declaration and record date fixation.

Exchange Details:

• NSE Scrip Code: SNOWMAN
• BSE Scrip Code: 538635
• Equity ISIN: INE734N01019

Shareholder Eligibility

Shareholders holding equity shares as of the record date February 12, 2026, will be eligible to receive the interim dividend payment. The record date serves as the cut-off for determining which investors qualify for the dividend distribution.

The announcement was signed by Sohan Singh Dhakad, Company Secretary & Compliance Officer (ACS No. 63562), confirming the official nature of this corporate action. This interim dividend represents the first such distribution for the Financial Year 2025-26.