Meeting Details
The 33rd Annual General Meeting was held on Friday, 25th September, 2026, commencing at 12:00 noon and concluding at 12:28 PM through Video Conferencing (VC)/Other Audio Visual Means (OAVM).
Proposed Resolutions and Implications
The meeting considered the following resolutions:
Ordinary Business:
- Item 1: To receive, consider and adopt the Financial Statements of the Company which includes the Audited Balance Sheet as at March 31, 2026, the Statement of Profit & Loss for the financial year ended as on that date and the Cash Flow Statement together with the Reports of the Board of Directors and the Statutory Auditors thereon
- Item 2: To appoint a Director in place of Mr. Padamdeep Singh Handa (DIN: 10809817), who retires by rotation and being eligible, offers himself for re-appointment
- Item 3: To confirm the payment of interim dividend of Re.0.50/- per equity share of face value of Rs.10 each for the financial year 2025-26
Special Business:
- Item 4: To approve revision in remuneration of Mr. Padamdeep Singh Handa (DIN: 10809817), Whole time Director and Chief Executive Officer for the financial year 2026-27
Voting Process and Methods
The Company provided remote e-voting facility to all members as of the cut-off date Friday, 18th September, 2026. Remote e-voting was available from Tuesday, 22nd September, 2026 at 09:00 AM (IST) to Thursday, 24th September, 2026 at 05:00 PM (IST). Facility for e-voting was also provided during the AGM and for 15 minutes subsequent to conclusion of proceedings for members who could not cast their vote through remote e-voting.
Key Voting Outcomes and Scrutinizer
M/s. Nagendra D Rao & Associates LLP, Company Secretaries, represented by Mr. Nagendra D Rao was appointed as the Scrutinizer for remote e-voting and e-voting at the AGM. Detailed voting results were not provided in this document but will be submitted separately to stock exchanges and hosted on the company's website www.snowman.in.
Compliance Confirmation
The meeting was conducted in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The Chairperson confirmed that requisite quorum was present and that the notice convening the AGM was circulated to all members.
Participants and Signatories
Directors Present:
- Mr. Ishaan Gupta - Non-Executive Director and Chairperson of Risk Management Committee
- Mr. Samvid Gupta - Non-Executive Director
- Mr. Padamdeep Singh Handa - Whole-time Director and Chief Executive Officer
- Mr. Raghav Chandra - Independent Director and Chairperson of Nomination & Remuneration Committee
- Ms. Sriparna Ganguly Chaudhuri - Independent Director
- Mr. Anil Aggarwal - Independent Director and Chairperson of Audit Committee
- Ms. Vanita Yadav - Independent Director
Other Officers Present:
- Mr. Raghav Garg - CFO
- Ms. Richa Gupta - Company Secretary & Compliance Officer (ACS No. 56523)
Statutory Auditors and Scrutinizer were also present.
The document was digitally signed by Richa Gupta, Company Secretary & Compliance Officer on September 25, 2026.
Additional Information
The Chairperson addressed members with an overview of the company's performance and future outlook for 2025-26. Members raised questions regarding financial and operational performance, expansion plans, capex, dividend, and future business plans. The meeting concluded with thanks to members for their participation.