Notice/Intimation of 45th AGM to be held on Friday 26th Day of September, 2025.
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Sangal Papers Ltd has notified BSE about its 45th AGM scheduled for Friday, September 26, 2025, at 1:30 PM, conducted through Video Conferencing (VC) with remote e-voting facility provided by NSDL. The Register of Members and Share Transfer Books will remain closed from September 20 to September 26, 2025, with the record date/cut-off for e-voting eligibility set as September 19, 2025. E-voting will be open from September 23 (9:00 AM) to September 25 (2025 at 5:00 PM). Shareholders will vote on adopting FY2024-25 financial statements, re-appointing directors Mr. Vinayak Sangal and Mr. Tanmay Sangal (retiring by rotation), appointing M/s D.K. Gupta & Co. as Secretarial Auditors for five years (FY2026–FY2030), ratifying the Rs. 40,000 remuneration of Cost Auditor M/s S.R. Kapur, and approving the re-appointment of Mr. Himanshu Sangal as Managing Director and Mr. Amit Sangal as Executive Director for another five-year term (April 1, 2026 to March 31, 2031). Mr. Himanshu Sangal's monthly salary is set at Rs. 14 lakh plus perquisites, allowances, and other benefits.
This is a routine AGM notice with no major surprises, but it confirms continuity of the promoter family's leadership at Sangal Papers for another five years. Shareholders should review and vote on the director re-appointments and remuneration before the September 25, 2025 e-voting deadline. The re-appointments of the Managing Director and Executive Director may imply stable but elevated managerial compensation going forward, which is worth monitoring against company performance.