Key Decisions and Approvals
Members of Tandhan Industries Limited approved the following resolutions through remote e-voting, with the voting period closing on Sunday, 24th May, 2026 at 5:00 P.M. (IST). All resolutions were special resolutions:
1. Appointment of Mr. Ankit Jalan (DIN: 01835733) as Chairman and Managing Director for a term of 3 years with effect from 27th February, 2026
2. Appointment of Mrs. Prachi Jalan (DIN: 10454972) as Whole-Time Director for a term of 3 years with effect from 27th February, 2026
3. Appointment of Mr. Daivik Jalan (DIN: 10808174) as Non-Independent Non-Executive Director for a term of 3 years with effect from 27th February, 2026
4. Appointment of Mrs. Pragati Goel (DIN: 10447667) as Non-Executive Independent Women Director for a term of 5 years with effect from 27th February, 2026
5. Appointment of Mr. Giri Raj Parashar (DIN: 10491076) as Non-Executive Independent Director for a term of 5 years with effect from 27th February, 2026
6. Appointment of Mr. Shivam Gupta (DIN: 07690975) as Non-Executive Independent Director for a term of 5 years with effect from 27th February, 2026
Context and Rationale
All appointments were made consequent to the change in management pursuant to the completion of the open offer process in accordance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Board made these appointments on the recommendation of the Nomination and Remuneration Committee at its board meeting held on 27.02.2026.
Director Profiles and Qualifications
Mr. Ankit Jalan
- Bachelor's degree in Commerce (Accounting and Finance) from St. Xavier's College (Autonomous) affiliated with University of Calcutta
- 12+ years of industry expertise in strategic procurement, production planning, sales and marketing
- Key competencies: Team leadership, business development, budgeting & forecasting, financial management
Mrs. Prachi Jalan
- Chartered Accountant degree from ICAI and Bachelor's degree in Commerce (Accounting and Finance) from St. Xavier's College
- 9+ years of industry expertise in production, marketing, domestic sales strategy
- Key competencies: Proficiency in SAP B1 software, production planning, forecasting, financial management
Mr. Daivik Jalan
- Bachelor's degree in Commerce (Accounting and Finance) from St. Xavier's College
- 1+ year of industry expertise in operational facets, finance health, administrative efficiency
- Key competencies: Strategic planning, budgeting, decision making
Mrs. Pragati Goel
- MBA in Marketing from IMT Hyderabad and Bachelor's degree in Commerce from J.D. Birla Institute (affiliated to Jadavpur University)
- 8+ years of industry expertise in strategic leadership in procurement, production planning, sales & marketing
- Key competencies: Creating sales plans and processes, strong leadership, deal strategy, time management, production planning budgeting
Mr. Giri Raj Parashar
- Master degree in Physiotherapy from Hemwati Nandan Bahuguna Garhwal University (2012)
- 12+ years of experience in preventing bone disease, spine and nervous problems
- Areas of contribution: Healthcare governance, regulatory compliance, risk management, ethical practices, strategic planning in healthcare delivery, public health initiatives, patient safety systems
Mr. Shivam Gupta
- Masters in Management from London Business School
- 11 years of experience in managing business projects, Director of many companies including Techflow (India & UAE)
- Key competencies: Business transformation, regulatory compliance, sustainable growth initiatives, ensuring transparency, accountability, protection of stakeholders' interests
Director Relationships
- Mrs. Prachi Jalan is sister-in-law and Mr. Daivik Jalan is nephew of Mr. Ankit Jalan
- Mr. Daivik Jalan is nephew of both Mr. Ankit Jalan and Mrs. Prachi Jalan
- Mrs. Pragati Goel, Mr. Giri Raj Parashar, and Mr. Shivam Gupta have no relationships with existing directors
Compliance Verification
The Nomination and Remuneration Committee and the Board of Directors verified that none of the appointed directors are debarred from holding office by virtue of any SEBI order or any other such authority, as required under BSE circular no. list/comp/14/2018-19 dated June 20, 2018.