Sanmitra Commercial Limited, now operating as Tandhan Industries Limited, has announced a crucial board meeting scheduled for February 27, 2026, to address significant changes in the company's management structure and board composition.

Board Meeting Agenda

The meeting has been convened pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board will deliberate on several key matters that will reshape the company's governance structure.

Key Matters for Consideration

The board meeting will address three primary areas of corporate governance:

• Board Composition Changes: The company will consider modifications to the composition of the Board of Directors following the completion of an open offer process conducted in accordance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• Committee Reconstitution: Various committees of the board will be reconstituted to align with the new organizational structure
• Ancillary Matters: Additional incidental matters may be decided by the board with the permission of the chairperson

Corporate Background

Tandhan Industries Limited operates under the Corporate Identity Number L22209MH1985PLC034963 and maintains its registered address at 13, Prem Niwas 652, Dr. Ambedkar Road, Khar west, Mumbai, Maharashtra, India, 400052. The company was formerly known as Sanmitra Commercial Limited before its name change.

Regulatory Compliance

The board meeting notification was issued on February 24, 2026, by Mr. Jenil Hitesh Chheda, Executive Director with DIN: 11249310. The announcement ensures compliance with regulatory requirements for prior intimation of board meetings involving significant corporate changes.

The completion of the open offer process under SEBI takeover regulations appears to be the catalyst for these governance changes, indicating a potential shift in the company's ownership structure and management approach.

Sanmitra Commercial Limited has successfully completed its corporate restructuring with the Ministry of Corporate Affairs approving the company's name change to Tandhan Industries Limited, effective February 16, 2026. This development follows the unanimous shareholder approval received through postal ballot conducted earlier this month.

Official Name Change Approval

The Registrar of Companies, Central Processing Centre, Ministry of Corporate Affairs has issued the Certificate of Incorporation pursuant to change of name on February 16, 2026. The company has informed BSE Limited about this significant corporate development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Background

The name change was approved through a postal ballot conducted on February 13, 2026, where shareholders demonstrated strong support for the corporate restructuring initiatives. The postal ballot process was conducted entirely through electronic voting via the NSDL e-voting platform.

Shareholder Approval Results

The special resolution for company name change received unanimous approval from all voting categories:

Corporate Compliance and Documentation

Consequent to the name change approval, the company's Memorandum of Association (MOA) and Articles of Association (AOA) have been amended to reflect the new corporate identity. The Certificate of Incorporation has been issued by Assistant Registrar Dhirendra Singh from the Central Processing Centre.

As per regulatory requirements, the company must display both the old and new names at all required locations for a period of two years. The registered address remains unchanged at 13, Prem Niwas 652, Dr. Ambedkar Road, Khar west, Mumbai, Maharashtra.

Additional Corporate Restructuring

Along with the name change, shareholders also approved the relocation of the registered office from Maharashtra to West Bengal with 100% approval across all categories. This comprehensive restructuring reflects the company's strategic repositioning and expansion plans.

The successful completion of these corporate actions demonstrates strong stakeholder confidence in Tandhan Industries Limited's strategic direction and future growth prospects.