46th AGM proceedings: two directors re-appointed on retirement by rotation

At the 46th AGM held on 23rd September 2026 via video conferencing, members took up the FY ended March 31, 2026 accounts, re-appointment of Mr. Tanmay Sangal (Director) and Mr. Vinayak Sangal (Director), both retiring by rotation.

Thu 24 Sep 2026

AGM Date

23rd September 2026

Meeting Format

Video Conferencing

Members Attended

47 members

Cost Auditor Remuneration

₹40,000/- plus applicable taxes

FY for Audited Accounts

FY ended March 31, 2026

What happened

The 46th Annual General Meeting of the company was held on Wednesday, 23rd September 2026 at 01:30 P.M. through Video Conferencing / Other Audio Visual Means. The meeting concluded at 02:02 P.M., with a further 15 minutes allowed for shareholders to cast electronic votes.

Attendance

• All Board members attended, including Mr. Himanshu Sangal (Managing Director), Mr. Amit Sangal (Whole Time Director/CFO), Mr. Tanmay Sangal (Director), Mr. Vinayak Sangal (Director), Mr. Sapan Sodhi (Independent Director & Chairman) and Mrs. Vartika Malik (Independent Women Director).
• 47 members participated via the virtual platform; quorum under Section 103 was met.
• Statutory Auditors (M/s Raj Viyom & Co.) and Secretarial Auditor/Scrutinizer (M/s D.K. Gupta & Co.) attended.
• Proxies were not permitted for the virtual meeting.

Business transacted

• Adoption of audited standalone financial statements for the financial year ended March 31, 2026 with Board and Auditor reports.
• Re-appointment of Mr. Tanmay Sangal (DIN: 01297057), retiring by rotation.
• Re-appointment of Mr. Vinayak Sangal (DIN: 06833351), retiring by rotation.
• Ratification of remuneration of ₹40,000/- plus applicable taxes and reimbursement of travel and out-of-pocket expenses to Mr. S. R. Kapur, Cost Accountant, as Cost Auditor for the financial year ending March 31, 2027.

Director details

Mr. Tanmay Sangal is a post graduate in Management (Finance) with experience in international business, marketing and finance. He is the son of Managing Director Mr. Himanshu Sangal and holds 45,731 shares in the company.

Mr. Vinayak Sangal is a Mechanical Engineer with an MBA in Operations and is involved in raw material and production management. He is the son of Whole Time Director and CFO Mr. Amit Sangal and holds 14,487 shares in the promoter category.

Both are stated to be not debarred from holding the office of director by SEBI or any such authority.

What to watch

Final voting results along with the Scrutinizer's Report are to be communicated to BSE and uploaded on the company's investor portal within 2 days.

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