Sanmitra Commercial Ltd — Important, 23-04-2026: Company Update

Tandhan Industries Limited (formerly Sanmitra Commercial) seeks shareholder approval for multiple items. Proposed board changes include Chairman & MD (salary up to 2 Cr/year), Whole-Time Director (up to 1.5 Cr/year), Non-Independent Non-Executive Director (up to 0.9 Cr/year), and three Independent Directors. The company also seeks approval for up to 500 Cr for inter-group loans/guarantees and material related party transactions with wholly-owned Tandhan Polyplast (FY25 Turnover: 165.41 Cr; Net Profit: 13.40 Cr), up to 500 Cr per transaction for FY 2026-27. Shareholders will also endorse a revised certificate validating a significant 721.50 Cr investment in Tandhan Polyplast, aligning with its strategic direction.