Tandhan Industries Limited, formerly known as Sanmitra Commercial Limited, has announced a major change in its management and board of directors with effect from 27th February 2026. Following the successful completion of an open offer by Ankit Jalan and Anuj Jalan along with Manju Jalan, Radhika Jalan, Prachi Jalan, Ritu Jalan, Divyanshi Jalan, and Daivik Jalan acting in concert (PACs), the Board formally recognized the Acquirers as the new promoters of the company. This strategic move aligns with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reinforcing corporate governance and transparency.

In the same Board meeting, the company approved the appointment of Mr. Ankit Jalan as Chairman and Additional Managing Director for a term of three years from 27th February 2026, subject to shareholder approval in the forthcoming General Meeting. Mr. Ankit Jalan holds a Bachelor’s degree in Commerce (Accounting and Finance) from St. Xavier’s College, University of Calcutta, and has more than 12 years of industry experience spanning strategic procurement, production, planning, sales, marketing, and customer-centric solutions to drive sustainable growth.

Simultaneously, Ms. Prachi Jalan was appointed as Additional Whole-Time Director for three years effective the same date. She is a Chartered Accountant from ICAI and also holds a Bachelor’s degree in Commerce from St. Xavier’s College. Her professional expertise encompasses production, marketing, and domestic sales strategies with a strong focus on market leadership and sustainable growth in the manufacturing sector.

The Board also approved the appointments of Mr. Daivik Jalan as Additional Non-Independent Non-Executive Director, Ms. Pragati Goel, Mr. Giri Raj Parashar, and Mr. Shivam Gupta as Additional Non-Executive Independent Directors. These appointments, effective from 27th February 2026, bring diverse expertise to the company, ranging from strategic leadership, finance, corporate governance, healthcare, and business transformation. Their combined experience enhances the company’s operational efficiency, regulatory compliance, and stakeholder value.

In parallel, the Board recorded the resignation of several directors and officers including Mr. Himanshu Khatri, Ms. Suman Prakash Shah, Mr. Prakash Bhoorchand Shah, Mr. Prateek Chopra, Mr. Jenil Hitesh Chheda, Mr. Deepak Pandit, Ms. Jayshri Kishor Jain, and Ms. Neha Kulkarni, effective 27th and 28th February 2026. These resignations were consequent to the completion of the open offer and are part of the management restructuring, ensuring a smooth transition and compliance with regulatory obligations.

Further, on the recommendations of the Nomination Remuneration Committee, the Board approved Mr. Pawan Kumar Agarwal as Chief Financial Officer and Ms. Priti Priya Singh as Company Secretary & Compliance Officer, both effective from 28th February 2026. Mr. Agarwal brings over 35 years of financial management expertise, including corporate finance, taxation, audit, risk management, and strategic decision-making. Ms. Singh is an Associate Member of the Institute of Company Secretaries of India (ICSI) with more than seven years of experience in corporate governance, compliance, and regulatory liaison.

Additionally, the Board approved the establishment of a corporate office at Mouza Kashyabpur, J.L. No. 15, Kulgachia, Howrah, WB, where all financial records and corporate documentation will be maintained. This step strengthens operational oversight and enhances corporate governance, ensuring efficient management of company affairs.

These significant changes in the senior management and board composition reflect Tandhan Industries Limited’s commitment to strong corporate governance, strategic growth, and regulatory compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. With the new leadership team, the company aims to expand its operational efficiency, ensure robust decision-making, and strengthen its market position in the manufacturing sector.

The appointments of experienced professionals like Ankit Jalan, Prachi Jalan, Daivik Jalan, Pragati Goel, Giri Raj Parashar, Shivam Gupta, Pawan Kumar Agarwal, and Priti Priya Singh bring a wealth of knowledge and expertise across finance, operations, corporate governance, marketing, production planning, and strategic leadership. Their collective experience is expected to drive sustainable growth, market leadership, and stakeholder value creation.

In conclusion, Tandhan Industries Limited’s management restructuring marks a transformative step in its corporate journey. With a clear focus on compliance, transparency, and professional governance, the company is well-positioned for future growth. The strategic appointments, coupled with the resignation of previous directors, reflect the company’s proactive approach to aligning leadership capabilities with long-term business objectives. The new leadership team is expected to strengthen Tandhan Industries’ operational framework, corporate governance practices, and overall market presence in India’s dynamic manufacturing sector.

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