Tandhan Polyplast Limited, a material subsidiary of sanmitra commercial , has appointed internal, secretarial, and cost auditors for the financial year 2026-27. The Board of Directors approved these appointments during a meeting held on May 30, 2026, based on the recommendations of the Audit Committee. Additionally, the Board took on record the audited financial statements for the financial year ended March 31, 2026.

M/s. Baid & Gupta, Chartered Accountants, were appointed as the Internal Auditor for the financial year 2026-27. The firm, based in Kolkata, brings experience in auditing, taxation, and finance. The appointment aims to comply with the provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

M/s. MR & Associates, Company Secretaries, were appointed as the Secretarial Auditor for the financial years 2025-26 and 2026-27. The Kolkata-based firm specializes in corporate law advisory, secretarial audits, and insolvency resolution, with over 30 years of experience in the field.

M/s. Chatterjee Gazi & Associates, Cost Management Accountants, were appointed as the Cost Auditor for the financial year 2026-27. The firm, established in 2013, offers services in cost audit, financial audit, GST compliance, and consultancy across various industries including government organizations and the banking sector.

Auditor Appointments

The disclosures regarding these appointments were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III and the relevant SEBI Master Circular.

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.

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).