Snowman Logistics Limited — Important, 25-11-2024: Updates

Gateway Distriparks Limited has acquired 4,79,925 equity shares of Snowman Logistics Ltd., increasing its stake to 47.90% from 47.62%. The acquisition was conducted through open market purchases on the NSE, with 40,000 shares acquired prior to the main purchase. These transactions enhance Gateway's strategic position in Snowman, reflecting its ongoing commitment to further investment. The overall equity share capital remains unchanged at 16,70,87,995 shares, with total capital valued at ₹1,67,08,79,950. Investors should watch closely as this increased shareholding may influence future decisions and performance within the logistics sector.