Sangal Papers Limited concluded its 46th Annual General Meeting (AGM) held on September 23, 2026, with all four agenda items approved by shareholders. The meeting was conducted entirely through Video Conferencing (VC) and Other Audio Visual Means (OAVM), in compliance with regulatory guidelines.

The voting results indicated strong shareholder support for the proposed actions. Out of 7,981 members on the record date, 47 shareholders attended the virtual meeting. The combined votes from remote e-voting and live e-voting during the session resulted in the passage of every resolution with a requisite majority.

Resolutions adopted

The shareholders unanimously supported the adoption of the audited standalone financial statements for the year ended March 31, 2026. Additionally, two directors retiring by rotation were re-appointed for continued service. The board also ratified the remuneration of the cost auditors.

Voting participation details

The meeting saw participation from both promoter and public shareholders. A total of 49 members cast their votes through remote e-voting prior to the meeting, while 11 members voted live during the AGM session. The total number of valid votes polled across all resolutions was 521,139.

Shareholder attendance breakdown

• Promoters: 9 attendees via video conferencing
• Public: 38 attendees via video conferencing
• Total Attendees: 47

What the numbers show

A close examination of the voting data reveals that while promoter group holdings constitute a significant portion of the shareholding, public shareholder engagement remains low relative to the total number of registered members. Of the 791,218 shares held by public non-institutional investors, only 5,097 shares were voted upon, representing approximately 0.64% of their holding. This suggests that the outcome of the AGM was largely determined by the promoter group's unanimous support, with minimal dissent or active participation from the broader public shareholder base.

Sangal Papers Limited has scheduled its 46th Annual General Meeting (AGM) for Wednesday, September 23, 2026. The meeting will commence at 1:30 pm (IST) and will be held through Video Conferencing or Other Audio Visual Means.

The company filed its annual report for the financial year ended March 31, 2026, with the Bombay Stock Exchange pursuant to Regulation 34 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Anant Vats, Company Secretary & Compliance Officer, signed the disclosure letter dated September 1, 2026. The notice of the AGM was published in "The Financial Express" English newspaper and "Jansatta" Hindi newspaper on September 2, 2026.

Agenda and Director Re-Appointments

The primary agenda includes the adoption of audited standalone financial statements for FY26. Shareholders will also vote on the re-appointment of directors Tanmay Sangal and Vinayak Sangal, who retire by rotation. Both individuals are members of the promoter group and hold significant operational roles within the company.

Both directors attended all seven Board meetings held during the year. Their remuneration as directors is nil, with compensation drawn solely from their employee roles.

Cost Auditor Ratification

The meeting will seek shareholder ratification for the remuneration of S. R. Kapur, appointed as the Cost Auditor for the financial year ending March 31, 2027. The proposed remuneration is ₹40,000 plus applicable taxes and reimbursement of travel and out-of-pocket expenses.

Dividend and Shareholder Details

The company has confirmed that no dividend is recommended for the financial year ended March 31, 2026. The cut-off date for determining eligible shareholders for remote e-voting is September 16, 2026. E-voting will be open from September 20 to September 22, 2026.

Shareholders holding physical shares are urged to update their KYC details and dematerialize holdings, as all physical investor service requests will now be processed in dematerialized form only.