Sanmitra Commercial Limited Issues Postal Ballot Notice for Name Change and Office Relocation

Sanmitra Commercial Limited has issued a postal ballot notice dated January 13, 2026, seeking shareholder approval for significant corporate changes through special resolutions. The company has appointed M/s. Nuren Lodaya & Associates as the scrutinizer to conduct the postal ballot process through remote e-voting.

Special Resolutions Overview

The postal ballot covers two major corporate restructuring initiatives that require shareholder approval:

Resolution:	Details
Item 1:	Change of company name from Sanmitra Commercial Limited to Tandhan Industries Limited
Item 2:	Shifting of registered office from Maharashtra to West Bengal
Cut-off Date:	January 2, 2026
E-voting Period:	January 14, 2026 (9:00 AM) to February 12, 2026 (5:00 PM)
Results Declaration:	By February 14, 2026

Proposed Name Change Rationale

The company's board of directors approved the name change proposal on January 7, 2026, citing alignment with current business activities. Sanmitra Commercial is engaged in manufacturing, trading, importing, and exporting various plastic products including profile plastic, polyethylene, tarpaulins, moulded industrial articles, PVC tarpaulin sheets, cross laminated sheets, and other plastic products.

The board believes the existing name "Sanmitra Commercial Limited" does not adequately reflect the company's manufacturing-focused business operations. The proposed name "Tandhan Industries Limited" would better represent the company's industrial activities and enable more efficient business operations.

Registered Office Relocation

The second resolution seeks approval to shift the registered office from Maharashtra to West Bengal. The company views this relocation as part of its future business planning to expand operations in West Bengal and optimize available opportunities in the state.

Current Location:	13, Prem Niwas 652, Dr. Ambedkar Road, Khar West, Mumbai, Maharashtra 400052
Proposed State:	West Bengal
Business Rationale:	Better growth prospects and operational advantages
Required Approvals:	Central Government, Regional Director, Registrar of Companies

The board expects the relocation will improve access to new resources and facilitate more advantageous, efficient, and economical business operations.

Voting Process and Timeline

Shareholders can participate in the postal ballot exclusively through electronic voting. The company has engaged National Securities Depository Limited (NSDL) to provide the remote e-voting facility. Physical postal ballot forms are not being distributed in compliance with regulatory circulars.

Key voting details:

Voting rights proportional to shareholding as of January 2, 2026
Electronic voting only through NSDL platform
Multiple login methods available for demat and physical shareholders
Results will be published on company website, NSDL website, and BSE website

Regulatory Compliance

The company has obtained a certificate from Laxmikant Kabra & Co LLP, Chartered Accountants, confirming compliance with Regulation 45 of SEBI Listing Regulations. The certificate validates that the company has invested more than 50% of its assets in activities suggested by the proposed new name.

Both resolutions require approval from relevant statutory authorities including the Central Government, Registrar of Companies, and stock exchanges. The company's directors and key managerial personnel have no financial interest in the proposed resolutions beyond their shareholding.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-100.00%	0.0%	0.0%	-100.00%	-100.00%	-100.00%

Sanmitra Commercial Limited has issued a corrigendum extending the tendering period for its ongoing open offer due to a trading holiday declared by the Bombay Stock Exchange. The extension ensures shareholders have adequate time to participate in the acquisition process despite the market closure.

Open Offer Details

The open offer is being conducted by Navigant Corporate Advisors Limited on behalf of acquirers Ankit Jalan and Anuj Jalan, along with six persons acting in concert (PACs). The offer targets the acquisition of equity shares in Sanmitra Commercial Limited under SEBI's Substantial Acquisition of Shares and Takeovers Regulations.

Parameter:	Details
Target Shares:	Up to 1,49,76,000 equity shares
Share Value:	₹10.00 each
Offer Price:	₹15.00 per fully paid-up equity share
Ownership Percentage:	26.00% of expanded equity and voting share capital
BSE Code:	512062

Trading Holiday Impact

According to the BSE circular dated January 12, 2026, a trading holiday has been declared on January 15, 2026 (Thursday) due to Municipal Corporation Elections in Maharashtra, 2026. This holiday affects trading in the Offer to Buy section – Acquisition Window for Sanmitra Commercial Limited's open offer.

Consequently, the tendering period has been extended by one day, with the open offer now scheduled to close on January 20, 2026, instead of the previously announced closing date of January 19, 2026.

Revised Schedule of Activities

The company has provided an updated timeline for all open offer activities following the trading holiday adjustment:

Activity:	Revised Date	Day
Date of Closure of the Offer:	January 20, 2026	Tuesday
Post Offer Advertisement:	January 28, 2026	Wednesday
Payment of consideration for acquired shares:	February 4, 2026	Wednesday
Final report from Merchant Banker:	February 11, 2026	Wednesday

Regulatory Compliance

The corrigendum was published on January 13, 2026, in multiple publications including Financial Express (English Daily), Jansatta (Hindi Daily), and Pratahkaal (Marathi Daily). The announcement ensures compliance with SEBI regulations and provides transparency to all stakeholders.

Navigant Corporate Advisors Limited, serving as the manager to the offer, has confirmed that all other terms and conditions of the original Letter of Offer dated December 22, 2025, remain unchanged. The extension solely addresses the impact of the declared trading holiday on the tendering timeline.