Tandhan Polyplast AGM approves FY26 accounts, re-appointments, FY27 related party transactions

Tandhan Industries: its wholly owned material subsidiary Tandhan Polyplast held its 8th AGM on 30th September, 2026.

Thu 1 Oct 2026

AGM Date

30th September, 2026

Statutory Auditor Re-appointment Term

second term of 5 consecutive years

Director Re-appointment Term

3 (three) years from 15th February, 2027 to 14th February, 2030

FY27 Related Party Sale of Goods Limit

sale of goods up to ₹ 15,00,00,000

Tandhan Industries has disclosed the outcome of the 8th Annual General Meeting of Tandhan Polyplast Limited (TPL), a wholly owned material subsidiary of the company. The meeting was held on Wednesday, 30th September, 2026; it commenced at 10.00 am and concluded at 10.45 am. The members considered and approved the matters listed below.

Approved at the meeting

• Adoption of the audited financial statements of TPL for the financial year ended 31st March, 2026, together with the reports of the Board of Directors and Auditors.
• Re-appointment of Mr. Raj Kumar Jalan (DIN: 07875364), who retired by rotation and, being eligible, offered himself for re-appointment as a Director.
• Re-appointment of M/s. N. Agarwala & Associates, Chartered Accountants (FRN: 315097E) as Statutory Auditor of TPL for a second term of 5 (Five) consecutive years, from the conclusion of the meeting until the conclusion of the Annual General Meeting to be held in the year 2031.
• Ratification of remuneration payable to the Cost Auditors of TPL for the financial year 2026-27.
• Re-appointment of Mrs. Prachi Jalan (DIN: 10454972) as Whole-Time Director of TPL for a term of 3 (three) years from 15th February, 2027 to 14th February, 2030, both days inclusive, liable to retire by rotation.
• Re-appointment of Mr. Raj Kumar Jalan (DIN: 07875364) as Non-Executive Director of TPL for a term of 3 (three) years from 15th February, 2027 to 14th February, 2030, both days inclusive, liable to retire by rotation.
• Approval of remuneration payable to Mr. Ankit Jalan (DIN: 01835733), Managing Director of TPL.
• Approval of related party transactions by TPL during the financial year 2026-27 with Tandhan Power Technologies Private Limited, Tandhan Cotton Mills Private Limited, Tandhan Exim Private Limited, Jalan Sarees Private Limited, Tandhan Biochemicals Private Limited and Tandhan Biofuels Private Limited.

Related party transactions approved for FY 2026-27

• Tandhan Power Technologies Private Limited: purchase of goods including plastic/polymer granules up to ₹ 50,00,000, sale of goods including manufactured products of TPL up to ₹ 15,00,00,000, and purchase of Customs Duty Scrips up to ₹ 50,00,000.
• Tandhan Cotton Mills Private Limited: purchase of Customs Duty Scrips up to ₹ 50,00,000.
• Tandhan Exim Private Limited: lease rent payable up to ₹ 85,00,000, under a Deed of Lease between TPL and TEPL.
• Jalan Sarees Private Limited: lease rent payable up to ₹ 70,00,000, under a Deed of Lease between TPL and JSPL.

Context for investors

The two director re-appointments take effect from 15th February, 2027 and run to 14th February, 2030; both are liable to retire by rotation. The Statutory Auditor's second term runs until the conclusion of the Annual General Meeting of TPL to be held in the year 2031. The transactions listed above are stated to be in the ordinary course of business and at arm's length basis, with the tenure shown as the financial year 2026-2027. The purposes cited include procurement of goods such as plastic/polymer granules and other materials for TPL's manufacturing and production, sale of TPL's manufactured products, purchase of Customs Duty Scrips for import purposes, and lease arrangements providing TPL with premises for its business and operational activities.

The update also sets out the relationships of the re-appointed directors within the group: Mr. Ankit Jalan, Managing Director, is Mrs. Prachi Jalan's brother-in-law; Mr. Daivik Jalan is her nephew; and Mr. Raj Kumar Jalan is her paternal uncle. It states that both re-appointed directors are not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.