SG Mart has scheduled its 41st Annual General Meeting for Saturday, September 19, 2026, at 11:00 am. The meeting will be conducted via Video Conferencing or Other Audio Visual Means, in compliance with Ministry of Corporate Affairs circulars.

The agenda includes significant board restructuring and governance updates. Shareholders will vote on the appointment of Sanjay Gupta as Chairman & Managing Director and Rohan Gupta as Whole-time Director, both effective from July 20, 2026.

Key Board Appointments

The meeting seeks approval for several director appointments to strengthen the company’s leadership structure:

• Sanjay Gupta will be appointed as Chairman & Managing Director for a five-year term. He currently serves as CMD of APL Apollo Tubes Limited.
• Rohan Gupta will be appointed as Whole-time Director for a five-year term. His annual salary is set at ₹1 crore, with an overall remuneration ceiling of ₹3 crore per annum.
• Chakram Kumar Singh will join as a Non-Executive Non-Independent Director. His compensation includes 1,25,000 Employee Stock Options vesting over five years.
• Shruti Shrivastava will be appointed as an Independent Director for a five-year term to ensure compliance with SEBI Listing Regulations regarding board composition.

Remuneration Revisions

Shareholders will also ratify the revised remuneration for Amit Thakur, Whole-time Director. His annual remuneration increases from approximately ₹1.09 crore to ₹1.20 crore, effective April 1, 2026. The overall remuneration ceiling is enhanced from ₹1.50 crore to ₹2.00 crore per annum for the remainder of his tenure.

Cost Auditor Ratification

The meeting will ratify the remuneration of M/s HMVN & Associates as Cost Auditors for the financial year 2026-27. The approved fee is ₹40,000, excluding taxes and out-of-pocket expenses.

Voting and Participation

Remote e-voting begins on Wednesday, September 16, 2026, at 9:00 am and ends on Friday, September 18, 2026, at 5:00 pm. The cut-off date for voting rights is Saturday, September 12, 2026. Proxy appointments are not available for this virtual meeting.

SG Mart Limited submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, to the National Stock Exchange and BSE Limited. The report outlines the company's adherence to the nine principles of the National Guidelines on Responsible Business Conduct (NGRBC).

The filing, signed by Company Secretary Sachin Kumar on August 25, 2026, covers standalone disclosures for the entity. SG Mart reported a turnover of ₹5,540 crore and a net worth of ₹1,542 crore during the period, triggering Corporate Social Responsibility (CSR) applicability under Section 135 of the Companies Act, 2013.

Governance and Stakeholder Engagement

The company maintains a comprehensive policy framework covering all NGRBC principles, approved by the Board of Directors. Key policies include the Code of Conduct, Whistle Blower Policy, and Prevention of Sexual Harassment (POSH) guidelines. The Board’s Risk Management Committee oversees ESG and sustainability risks, while the Audit Committee supervises financial disclosures.

SG Mart engages with stakeholders through structured channels. Shareholders are updated quarterly and annually via stock exchange filings and general meetings. The company reports zero complaints received from shareholders, investors, employees, or communities during FY26 regarding responsible business conduct principles.

Employee Well-being and Diversity

As of the end of FY26, SG Mart employed 134 permanent employees and 243 workers. The workforce is predominantly male, with females constituting 4% of permanent employees and 1.2% of workers. The company reports a permanent employee turnover rate of 42.9% in FY26, down from 52.8% in the previous year.

All permanent employees and workers are covered under health and accident insurance schemes. The company conducted 17 training programs for employees and 15 for workers, focusing on occupational health, safety, and ethical conduct. No sexual harassment or discrimination complaints were recorded.

Environmental Impact

SG Mart’s operations generated total energy consumption of 8,662 GJ from non-renewable sources in FY26, a significant increase from 1,845 GJ in FY25. Greenhouse gas emissions (Scope 1 and 2) totaled 1,654.2 tCO2e, compared to 362.8 tCO2e in the prior year.

The company recycled all 3,896.38 metric tonnes of non-hazardous waste generated. Water withdrawal increased to 5,140.4 kiloliters, with 1,028.0 kiloliters consumed. The report notes that facilities in Jaipur, Indore, Gautam Buddha Nagar, and Bangalore operate in groundwater overexploited zones.

What the Numbers Show

The sharp rise in energy consumption and greenhouse gas emissions aligns with the company’s expanding operational footprint and turnover growth. While absolute emissions increased, the emission intensity per rupee of turnover adjusted for Purchasing Power Parity rose to 0.61 tCO2e/USD Million from 0.13 in FY25, indicating that environmental impact is scaling faster than revenue generation.