Sangal Papers Limited reported robust financial results for Q1 FY2026, with revenue from operations increasing by 11.6% to Rs 4,756.88 lakhs and profit for the period rising by 20.6% to Rs 80.37 lakhs compared to Q1 FY2025. The company's Board of Directors approved several key reappointments, including Himanshu Sangal as Managing Director and Amit Sangal as Executive Director for five-year terms. New auditor appointments were also made. The 45th Annual General Meeting is scheduled for September 26, 2025, via video conferencing.
24Jul 25
Sangal Papers Secures Rs 6 Crore Term Loan for Production Capacity Enhancement
Sangal Papers Limited has obtained a Rs 6.00 crore term loan from Axis Bank for strategic upgrades. The loan will fund a turbine upgrade from 3 MW to 4.5 MW, boiler modifications for RDF use, ETP improvements, and additional equipment installation. The Board of Directors approved the borrowing on July 24, 2024, aiming to significantly enhance the company's production capacity and operational efficiency.