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Sangal Papers MD, chairman, board of directors and AGM

BSE: 516096Paper, Forest & Jute ProductsSmall Cap

Last close ₹189.45up ₹2.40 (1.28%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹187.05.

52-week range of traded prices to 23 Oct 2026
₹143.05Low, 7 Apr 2026₹229.00High, 29 Oct 2025
Market cap
₹25 Cr4,058th largest listed
P/E
5.8
P/B
0.5
Dividend yield
Nonein the last 12 months
ROE
9.3%
ROCE
9.3%
Debt to equity
0.67
Volume, BSE
223

Sangal Papers board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.

  • Managing directorHIMANSHU SANGAL
  • ChairpersonSAPAN SODHI

6 directors2 independent2 executive2 non-executive

  • HIMANSHU SANGAL · Managing directorExecutive · joined Nov 1980 · reappointed Apr 2026 · 60 months as independent · 1 listed board · 2 committee seats
  • AMIT SANGALExecutive · joined Sep 1996 · reappointed Apr 2026 · 60 months as independent · 1 listed board
  • TANMAY SANGALNon-executive · joined Nov 2003 · reappointed Sep 2026 · 12 months as independent · 1 listed board
  • VINAYAK SANGALNon-executive · joined Mar 2014 · reappointed Sep 2026 · 12 months as independent · 1 listed board
  • SAPAN SODHI · ChairpersonIndependent · joined May 2023 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • VARTIKA MALIKIndependent · joined May 2023 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 13 Aug 20266 of 6 present2 independent · 9 days in between
    • 3 Aug 20266 of 6 present2 independent · 65 days in between
    • 29 May 20266 of 6 present2 independent
  • Audit Committee

    Chair VARTIKA MALIK

    SAPAN SODHI, HIMANSHU SANGAL

    • 13 Aug 20263 of 3 present2 independent · 75 days in between
    • 29 May 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair VARTIKA MALIK

    SAPAN SODHI, VINAYAK SANGAL

    • 13 Aug 20263 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair SAPAN SODHI

    VARTIKA MALIK, HIMANSHU SANGAL

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • RAJ VYOM & CO.Peer-review certificate valid to May 2026
1 earlier auditor
  • RAJ VIYOM & CO.Named in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Sangal Papers AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Sangal Papers share news and announcements

Annual general meeting, 23 Sep 2026

7,981 shareholders on the register on 16 Sep 2026; present: 9 promoters and 38 others; votes counted by Dinesh Kumar Gupta / D.K. Gupta & Co..The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the company for the year ended 31st March 2026, together with the Report of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 39.86% · promoters 100.00% · institutions 0.00% · other public 0.64%

  2. To re-appoint Mr. Tanmay Sangal (DIN: 01297057) who retires by rotation and being eligible, seeks re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 39.86% · promoters 100.00% · institutions 0.00% · other public 0.64%

  3. To re-appoint Mr. Vinayak Sangal (DIN: 06833351) who retires by rotation and being eligible, seeks re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 39.86% · promoters 100.00% · institutions 0.00% · other public 0.64%

  4. Ratification of Remuneration of Cost Auditors
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 39.86% · promoters 100.00% · institutions 0.00% · other public 0.64%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Tax disputeAssessment Unit- Income Tax Department, Govt. of India and DCIT Circle 1(1)(1)Since 28 Jun 2022
    Appeal Pending at Income Tax Applellate Tribunal
    At the filing before: Assessment Order Under Section 143(3)r.w.s. Section 144(3) read with Section 144B of the Income Tax Act, 1961 with Demand of Rs, 75,06,280 for A.Y. 2021-2022 is Pending in Appeal with Income Tax Appellate TribunalMoreLess
  • Tax disputeAssessment Unit- Income Tax Department, Govt. of India and DCIT Circle 1(1)(1)Since 5 Nov 2021
    Appeal Pending at Income Tax Applellate Tribunal
    At the filing before: Assessment Order Under Section 143(3)r.w.s. Section 144(3) read with Section 144B of the Income Tax Act, 1961 with Demand of Rs, 76,78,970 for A.Y. 2020-2021 is Pending in Appeal with Income Tax Appellate TribunalMoreLess
  • Tax disputeCPC INCOME TAX DEPARTMENTSince 24 Sep 2026
    The Company is actively reviewing the order to decide between filing an appeal or making the payment.
    At the filing before: Rectification Order u/s 154 of the Income Tax Act,1961

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 1 complaint open, quarter to Jun 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.