Tandhan Industries Board Approves Director Appointments and Postal Ballot Notice
Tandhan Industries Limited board approved six director appointments including Ankit Jalan as Chairman and Managing Director for 3 years. Postal ballot notice approved for shareholder approval on loans under Section 185, material related party transactions, and revised certificate under Regulation 45. NSDL appointed for remote e-voting and Mr. Nuren Nirmal Lodaya designated as Scrutinizer.
*this image is generated using AI for illustrative purposes only.
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.
Historical Stock Returns for Sanmitra Commercial
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.00% | +10.38% | +36.95% | +434.36% | +517.91% | +548.57% |
What strategic business initiatives will Tandhan Industries pursue under the new leadership team's three-year mandate?
How might the authorized loan and guarantee provisions under Section 185 impact the company's expansion or acquisition plans?
What operational changes are expected following the complete leadership restructuring from the previous management?
20
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
