Tandhan Industries appoints Ankit Jalan as CMD for three years

Tandhan Industries Limited has appointed Mr. Ankit Jalan as Chairman and Managing Director for a term of three years, effective from February 27, 2026, following a postal ballot process that concluded on May 24, 2026. Shareholders approved the appointment of six directors, including three independent members, to strengthen the company's governance framework. The resolutions were passed with the requisite majority, with votes cast by the Promoter and its relatives treated as invalid in compliance with the Companies Act, 2013 and Regulation 23 of the SEBI (LODR) Regulations, 2015.

The board approved the appointments based on the recommendations of the Nomination & Remuneration Committee. The company disclosed that the appointments comply with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The remote e-voting process was scrutinized by CS Nuren Lodaya of M/s. Nuren Lodaya & Associates.

Appointments and Tenures

The new leadership team includes a mix of executive and independent directors. Mr. Ankit Jalan takes over as Chairman and Managing Director, while Mrs. Prachi Jalan has been appointed as Whole-Time Director. Mr. Daivik Jalan joins as a Non-Independent Non-Executive Director. All three have been appointed for a term of three years.

Additionally, the board welcomed three Independent Directors to enhance its governance framework. Mrs. Pragati Goel, Mr. Giri Raj Parashar, and Mr. Shivam Gupta have been appointed as Non-Executive Independent Directors for a term of five years each.

Director	Role	Term
Mr. Ankit Jalan	Chairman and Managing Director	3 years
Mrs. Prachi Jalan	Whole-Time Director	3 years
Mr. Daivik Jalan	Non-Independent Non-Executive Director	3 years
Mrs. Pragati Goel	Non-Executive Independent Women Director	5 years
Mr. Giri Raj Parashar	Non-Executive Independent Director	5 years
Mr. Shivam Gupta	Non-Executive Independent Director	5 years

Other Resolutions

Shareholders also approved several other resolutions through the postal ballot. Approval was granted under Section 185 of the Companies Act, 2013 for advancing loans, giving guarantees, or providing security and authorization to Directors to execute related documents. Additionally, approval was sought for Material Related Party Transaction(s) with Tandhan Polyplast Limited under section 188 of the Companies Act, 2013 and Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements), 2015 and IND AS 24. The company also approved the revised certificate issued by a Practicing Chartered Accountant under Regulation 45(3) of the Listing Regulations, confirming compliance with Regulation 45(1).

Tandhan Industries Limited (formerly known as sanmitra commercial ) announced the outcome of its board meeting held on 18th April 2026 at the Corporate Office situated at Mouza Kashyabpur, J.L. No. 15, Kulgachia, Howrah. The meeting, which commenced at 2:30 P.M. (IST) and concluded at 4:30 P.M. (IST), considered and approved several key matters pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Appointments

The Board approved the appointment of six directors with varying terms effective from 27th February 2026. The appointments include Ankit Jalan as Chairman and Managing Director for a term of 3 years, Prachi Jalan as Whole-Time Director for 3 years, and Daivik Jalan as Non-Independent Non-Executive Director for 3 years. Additionally, Pragati Goel was appointed as Non-Executive Independent Women Director for 5 years, while Giri Raj Parashar and Shivam Gupta were appointed as Non-Executive Independent Directors for 5 years each.

Director Name	DIN	Position	Term
Mr. Ankit Jalan	01835733	Chairman and Managing Director	3 years
Mrs. Prachi Jalan	10454972	Whole-Time Director	3 years
Mr. Daivik Jalan	10808174	Non-Independent Non-Executive Director	3 years
Mrs. Pragati Goel	10447667	Non-Executive Independent Women Director	5 years
Mr. Giri Raj Parashar	10491076	Non-Executive Independent Director	5 years
Mr. Shivam Gupta	07690975	Non-Executive Independent Director	5 years

Postal Ballot and Shareholder Approvals

The Board approved the Postal Ballot Notice dated 18th April 2026, along with an Explanatory Statement under Section 102 of the Companies Act, 2013, for seeking shareholder approval on multiple matters. These include approval under Section 185 of the Companies Act, 2013 for advancing loans, giving guarantees, or providing security, subject to shareholder approval by way of Special Resolution. The Board also approved material related party transactions recommended by the Audit Committee, subject to shareholder approval by way of Ordinary Resolution.

Regulatory Compliance and Appointments

The Board approved the revised certificate dated 18th April 2026 issued by a Practicing Chartered Accountant under Regulation 45(3) of the SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2021, confirming that the new name of the Company complies with conditions prescribed under Regulation 45(1) of the Listing Regulations. National Securities Depository Limited (NSDL) was appointed as the agency for providing the remote e-Voting facility. Mr. Nuren Nirmal Lodaya (COP No. 24248), Practicing Company Secretary, was appointed as the Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner.