Meeting Details

The 46th Annual General Meeting of Sangal Papers Limited was held on Wednesday, 23rd September, 2026 at 01:30 P.M. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting was conducted in accordance with circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).

Attendance and Quorum

  • Directors & KMPs Present: All members of the Board of Directors attended, including Mr. Himanshu Sangal (Managing Director), Mr. Amit Sangal (Whole Time Director/CFO), Mr. Tanmay Sangal (Director), Mr. Vinayak Sangal (Director), Mr. Sapan Sodhi (Independent Director & Chairman), and Mrs. Vartika Malik (Independent Women Director). Mr. Sanjay Aggarwal, GM (Finance) and Mr. Anant Vats (Company Secretary) were also present.
  • Auditors & Scrutinizer Present: Mr. Raj Kumar Sharma, CA, representing M/s Raj Viyom & Co. (Statutory Auditors), and Mr. D.K. Gupta, representing M/s D.K. Gupta & Co. (Secretarial Auditor and Scrutinizer for the meeting).
  • Members Present: 47 members participated via the virtual platform link, meeting the requisite quorum as per Section 103 of the Companies Act, 2013.
  • Proxies: The facility to appoint proxies was disabled in line with regulatory mandates for virtual AGMs.

Meeting Proceedings

1. Commencement & Introductions: The Company Secretary initiated proceedings with introductions of the Board of Directors, Key Managerial Personnel (KMPs), and auditors.

2. Chairman's Address: The Chairman briefed members about the company's performance during the financial year and thanked stakeholders.

3. Regulatory & Voting Procedures: The Company Secretary addressed regulatory matters and voting process instructions.

4. Financial Briefing: Mr. Sanjay Aggarwal, GM (Finance), briefed attending members regarding financial ratios and company performance.

5. Q&A Session: Shareholder queries were addressed one by one.

The meeting officially concluded at 02:02 P.M. following a vote of thanks to the Chair. Shareholders were subsequently allowed 15 minutes to cast electronic votes.

Business Transacted

Ordinary Business:

Item No. 1: Adoption of Financial Statements

To receive, consider and adopt the Audited Standalone Financial Statements of the company for the financial year ended March 31, 2026, together with the Report of the Board of Directors and the Auditors thereon.

Item No. 2: Re-appointment of Mr. Tanmay Sangal

To re-appoint Mr. Tanmay Sangal (DIN: 01297057) who retires by rotation and, being eligible, offers himself for re-appointment.

Item No. 3: Re-appointment of Mr. Vinayak Sangal

To re-appoint Mr. Vinayak Sangal (DIN: 06833351) who retires by rotation and, being eligible, offers himself for re-appointment.

Special Business:

Item No. 4: Ratification of Remuneration of Cost Auditors

An Ordinary Resolution was passed to ratify payment of remuneration of ₹40,000/- (Rupees Forty Thousand only) plus applicable taxes and reimbursement of travel and out-of-pocket expenses, if any, to Mr. S. R. Kapur, Cost Accountant (Membership No. M-4926), who was appointed as Cost Auditor to conduct the audit of cost records for the Financial Year ending March 31, 2027.

Director Details

Mr. Tanmay Sangal (DIN: 01297057)

  • Reason for Change: Re-appointment of Director by rotation
  • Date of Appointment: Re-appointed in AGM held on 23/09/2026
  • Brief Profile: Post graduate in Management (Finance) with wide knowledge in International Business, Marketing, Finance, and Business Administrative Experience
  • Relationship with Director and KMP: Son of Mr. Himanshu Sangal, Managing Director
  • Shareholding: 45,731 shares
  • Regulatory Status: Not debarred from holding office of director by virtue of any SEBI or authority

Mr. Vinayak Sangal (DIN: 06833351)

  • Reason for Change: Re-appointment of Director by rotation
  • Date of Appointment: Re-appointed in AGM held on 23/09/2026
  • Brief Profile: Mechanical Engineer and MBA in Operations, involved in raw material and production management
  • Relationship with Director and KMP: Son of Mr. Amit Sangal, Whole Time Director and CFO
  • Shareholding: 14,487 shares in the promoter category
  • Regulatory Status: Not debarred from holding office of director by virtue of any SEBI or authority

Voting Results

The final voting results, combined with the Scrutinizer's Report from Mr. D.K. Gupta, were to be communicated to the BSE and uploaded to the company's investor portal within 2 days.