Latest news about Tandhan Industries
Tandhan Industries
157.65
+3.05(+1.97%)
Company Performance:
View Company Insights1D+1.97%
1M+23.41%
6M+971.72%
1Y+1,333.18%
5Y+1,404.29%
More news about Tandhan Industries
20Apr 26
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.
08Apr 26
Tandhan Industries Limited Files SEBI Compliance Certificate for Q4 FY26
Tandhan Industries Limited (formerly Sanmitra Commercial) submitted its Q4 FY26 compliance certificate under SEBI Regulation 74(5) on April 7, 2026. The certificate confirms proper dematerialization processes during the quarter ended March 31, 2026, with RTA Purva Sharegistry providing confirmation of compliance with prescribed timelines and listing requirements.
14Mar 26
Tandhan Industries Board Approves Additional Positions for Key Officers in Subsidiary
Tandhan Industries Limited's Board of Directors approved dual roles for key executives in subsidiary Tandhan Polyplast Limited. CFO Mr. Pawan Kumar Agarwal and Company Secretary Ms. Priti Priya Singh will hold additional positions in the subsidiary while maintaining their existing responsibilities. The appointments follow regulatory compliance requirements under SEBI regulations.
28Feb 26
Tandhan Industries Promoter Seeks Reclassification from Promoter Group to Public Category
Tandhan Industries Limited has received a reclassification request from promoter Mr. Prakash Bhoorchand Shah to move from 'Promoter and Promoter Group' category to 'Public' category under SEBI Regulation 31A. The promoter currently holds 0 shares (0% shareholding) and has confirmed compliance with all regulatory requirements including no control over company affairs, no board representation, and no special rights. The request requires approval from the Board of Directors, shareholders, and stock exchanges.
28Feb 26
Tandhan Industries Limited Discloses Management Changes Under SEBI Regulations
Tandhan Industries Limited has completed formal regulatory disclosure of its management transformation following the open offer process completion. The company filed detailed documents with BSE showing resignation of six directors and two key managerial personnel, all effective February 28, 2026, while new promoters Ankit Jalan and Anuj Jalan take control with comprehensive board restructuring and new corporate office establishment in West Bengal.
26Feb 26
Tandhan Industries: Promoter Group Acquires Additional Shares, Increases Stake to 64.98%
Tandhan Industries Limited (formerly Sanmitra Commercial Limited) disclosed a substantial acquisition by its promoter group under SEBI Regulation 29(2). Ankit Jalan and PACs acquired 4,74,350 shares (0.95% of total capital) through off-market purchase on February 24, 2026. The group's collective holding increased from 64.02% to 64.98% of total share capital. Post-acquisition, the company's equity capital stands at Rs. 49,77,25,000 with 4,97,72,500 shares of Rs. 10 each.
26Feb 26
Tandhan Industries Promoter Prakash Shah Exits Company Through Complete Share Sale
Prakash Bhoorchand Shah, promoter of Tandhan Industries Limited (formerly Sanmitra Commercial Limited), completed a full exit by selling his entire 4,74,350 share holding through off-market transaction on 24th February 2026. The sale, representing 0.95% of total share capital, was executed under a Share Purchase Agreement dated 29th August 2025, reducing Shah's stake to zero and marking his complete divestment from the company.
17Feb 26
Sanmitra Commercial Limited Officially Renamed to Tandhan Industries Limited
The Ministry of Corporate Affairs has approved Sanmitra Commercial Limited's name change to Tandhan Industries Limited, effective February 16, 2026. This follows unanimous shareholder approval through postal ballot where 100% of voting shareholders supported the resolution. The company also received approval for registered office relocation from Maharashtra to West Bengal.
28Jan 26
Sanmitra Commercial Open Offer Concludes with Minimal Response from Public Shareholders
Navigant Corporate Advisors submitted post offer advertisement for Sanmitra Commercial's open offer which concluded with only 41,100 shares tendered against target of 1,49,76,000 shares at Rs. 15 per share. The acquirers Ankit and Anuj Jalan along with PACs now hold 69.81% shareholding post-offer, with total consideration of Rs. 6,16,500 paid compared to proposed Rs. 22,46,40,000.
13Jan 26
Sanmitra Commercial Limited Issues Postal Ballot Notice for Name Change and Office Relocation
Sanmitra Commercial Limited issued a postal ballot notice on January 13, 2026, for two special resolutions: changing the company name to Tandhan Industries Limited to better reflect its plastic manufacturing business, and shifting the registered office from Maharashtra to West Bengal for business expansion. The e-voting period runs from January 14 to February 12, 2026, with results by February 14, 2026.
13Jan 26
Sanmitra Commercial Open Offer Tendering Period Extended Due to Trading Holiday
Sanmitra Commercial Limited has extended its open offer tendering period to January 20, 2026, due to a BSE-declared trading holiday on January 15, 2026, for Maharashtra Municipal Corporation Elections. The open offer, managed by Navigant Corporate Advisors Limited, seeks to acquire up to 1,49,76,000 equity shares at ₹15.00 per share, representing 26.00% of expanded equity capital, with all other terms remaining unchanged.
07Jan 26
Sanmitra Commercial Limited Approves Name Change and Registered Office Relocation
Sanmitra Commercial Limited's board approved proposals on January 07, 2026, to change the company name to Tandhan Industries Limited or Tandhan Polyventure Limited and relocate the registered office from Maharashtra to West Bengal. Both changes require shareholder approval through an Extra-Ordinary General Meeting and statutory authority clearances.
01Jan 26
Independent Directors Approve Open Offer for 26% Stake in Sanmitra Commercial
Sanmitra Commercial Limited's Committee of Independent Directors has approved the ongoing open offer by Ankit Jalan and Anuj Jalan for acquiring 26% stake at Rs. 15 per share, valued at Rs. 22.46 crore. The committee met on January 1, 2026, and concluded the offer is fair and reasonable, marking a significant milestone in the transaction that will result in change of control with the acquirers holding 95.73% post-completion.
24Dec 25
Sanmitra Commercial Open Offer Letter Submitted to BSE for January 2026 Tendering
The official Letter of Offer for Sanmitra Commercial's open offer has been submitted to BSE, outlining the acquisition of 1,49,76,000 shares (26% stake) by Ankit Jalan, Anuj Jalan and PACs at Rs. 15 per share. The tendering period runs from January 6-19, 2026, with the transaction involving preferential allotment and acquisition of Tandhan Polyplast Limited as a subsidiary.
25Oct 25
Kaushik Gandhi Group Acquires 7.14% Stake in Sanmitra Commercial Through Preferential Allotment
Sanmitra Commercial Ltd has completed a significant preferential allotment, resulting in a substantial change in its shareholding structure. Kaushik Hasmukhlal Gandhi and four persons acting in concert acquired a 7.14% stake (35,55,000 shares) in the company. The allotment led to a massive increase in the company's equity share capital from Rs. 1.10 crore to Rs. 49.77 crore, with the number of shares expanding from 11 lakh to 4.97 crore. The board approved this action on October 17, 2025.
17Oct 25
Sanmitra Commercial Acquires Tandhan Polyplast in Rs 44.61 Crore Share Swap Deal
Sanmitra Commercial Limited has acquired 100% of Tandhan Polyplast Limited (TPL) for Rs 44.61 crore through a share swap. TPL, a manufacturer of plastic and polymer-based products, reported a turnover of Rs 16,780.12 lakhs in FY 2024-25. Sanmitra also raised additional capital through preferential allotments. The acquisition triggers an open offer, with new promoters to be classified upon completion.
16Sept 25
Sanmitra Commercial Revises Preferential Share Allotment, Maintains Total Issue Size
Sanmitra Commercial Limited has revised the allocation of equity shares for its preferential issue of 3,12,500 shares. Manoj Jain's allocation increased to 1,37,500 shares, Leena Harshal Agrawal's decreased to 87,500 shares, and Amit Ashok Todkari's increased to 87,500 shares. This change affects Item Number 6 of the AGM Notice for the company's 41st Annual General Meeting scheduled for September 24, 2025. The total issue size remains unchanged, and all other terms and conditions of the preferential issue remain the same.
05Sept 25
Sanmitra Commercial Limited Reports Q1 Loss; Announces Open Offer
Sanmitra Commercial Limited (SCL) reported a net loss of ₹2.20 lakhs for Q1, down from a profit of ₹34.71 lakhs in the previous quarter. Total revenue declined to ₹1.80 lakhs from ₹45.63 lakhs. An open offer was announced for 26% of the company's shares at ₹15 per share, with a total consideration of ₹22,46,40,000. The company also proposed a preferential allotment of 3,18,66,799 equity shares, representing 64.02% of the emerging equity. Auditors raised concerns about outstanding trade payables and receivables from discontinued operations.
19Aug 25
Sanmitra Commercial Announces Major Leadership Changes, CEO Suman Prakash Shah Steps Down
Sanmitra Commercial Limited has announced significant leadership changes effective August 19, 2025. CEO Ms. Suman Prakash Shah has resigned but will continue as a Non-Executive, Non-Independent Director. Mr. Jenil Hitesh Chheda has been appointed as Executive Director for a three-year term, bringing nine years of experience in sales and operations. Mr. Deepak Pandit has been appointed as a Non-Executive, Independent Director, bringing expertise in corporate laws and compliance. These appointments are subject to shareholder approval.
08Aug 25
Sanmitra Commercial Limited: Three Individuals Execute Off-Market Share Transactions
Sanmitra Commercial, listed on BSE, reported off-market transactions involving three individuals. Shobha Ramkishore Darak sold 40,000 shares (3.64%), while Kaveri Kailash Darak and Sharda Ramavtar Darak each acquired 30,000 shares (2.73%). The company's total equity remains at 1,100,000 shares. A board meeting is scheduled to approve Q2 financial results.
Industry Peers
International Gemological Institute
WeWork India Management
Nesco
Indiabulls
SIS
Nirlon
Smartworks Coworking Spaces
CMS Info Systems
Quess Corp
Hemisphere Properties
346.10
(-0.23%)
741.05
(+1.23%)
1,085.60
(-1.22%)
31.10
(+4.96%)
434.55
(-0.22%)
629.20
(+1.60%)
474.30
(+1.85%)
273.60
(+4.27%)
297.75
(+3.33%)
139.80
(+0.63%)
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
