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Management change

Snowman Logistics Independent Director Arun Goyal appointed

Snowman Logistics (SNOWMAN) said Arun Goyal, Independent Director, has been appointed; and Anil Aggarwal, Independent Director, has ceased; and Arun Goyal as Non has been appointed; and Anil Aggarwal as Non has ceased. The company is valued at about ₹552…

BCEIE News Desk · Published 28 Oct 2026, 12:45 pm IST · Filing received 28 Oct 2026, 12:29 pm IST

What happened

In a filing with the BSE on 28 October 2026 at 12:29 PM, Snowman Logistics (SNOWMAN) said that Arun Goyal, Independent Director, has been appointed; and Anil Aggarwal, Independent Director, has ceased; and Arun Goyal as Non has been appointed; and Anil Aggarwal as Non has ceased.

From the filing: "Arun Goyal as Non-Executive Independent Director The Board of Directors of the Company has appointed Mr."

Company snapshot

Snowman Logistics is a micro-cap company, with a market value of about ₹552 crore.

The stock last traded at ₹33.04, against a 52-week range of ₹30.5–₹53.4 (38.1% below the high).

Before this filing the shares had moved −6.1% over the month and −9.1% over three months. Average daily turnover over the last 20 sessions was about ₹0.38 crore.

Promoters held 50.01% at the end of Q1 FY27. Foreign institutions owned 2.96% and domestic institutions 0.84%.

Quarterly results (standalone, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY261632.50.15
Q2 FY26318-0.4-0.17
Q3 FY26144-1.9-0.12
Q4 FY261425.50.32
Q1 FY271784.50.27

What history shows

BCEIE has no earlier management change filing from this company on record since May 2026.

Market-wide, 4,004 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 28 October 2026: Board meeting — Financial Results.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

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