Sangal Papers Ltd Reports Q1 FY2026 Results; Approves Salary Revisions and Key Governance Appointments

Sangal Papers Ltd Reports Q1 FY2026 Results; Approves Salary Revisions and Key Governance Appointments​

Sangal Papers Limited announced its unaudited financial results for the quarter ending June 30, 2026. The Board of Directors approved these results, accompanied by a Limited Review Report conducted by statutory auditors. In addition to the financial overview, the company also ratified several key management appointments and salary revisions during the board meeting held on August 13, 2026.

Financial Performance Highlights​

The unaudited financial statements for the quarter ended June 30, 2026, reflect the company's operational status.

Key figures from the statement of unaudited results are presented below:

Management and Salary Revisions​

The Board reviewed and approved several salary revisions for senior management effective from September 1, 2026. These changes included:

• Himanshu Sangal (Managing Director): His salary was revised from ₹7,00,000 per month to ¥10,00,000 per month. This revision remains within the overall limit of ¥14,00,000 previously approved by shareholders.
• Amit Sangal (Whole Time Director): His salary was revised from ₹7,00,000 per month to ¥10,00,000 per month, which is within the overall limit of ¥14,00,000 set previously.
• Tanmay Sangal (President Marketing): His salary was revised from ₹3,50,000 per month to ¥4,00,000 per month, which is within the overall limit of 75,00,000 per month.
• Vinayak Sangal (President Operations): Two distinct revisions were approved for his position: one from ₹3,50,000 to ¥4,00,000 (within a limit of 5,00,000 per month), and another change was noted from ₹73,50,000 per month to ₹74,00,000 per month (within the previously approved limit of 5,00,000 per month).

Governance Appointments and Re-appointments​

The meeting addressed several critical governance matters related to appointments and upcoming shareholder meetings:

Director Re-appointment:
Both Mr. Tanmay Sangal and Mr. Vinayak Sangal were considered and recommended for re-appointment at the forthcoming Annual General Meeting (AGM) on September 23, 2026.

• Tanmay Sangal: The Board approved his re-appointment as a Non-Executive Director by rotation. He is noted to have 45,731 shares and holds a postgraduate degree in Management (Finance).
• Vinayak Sangal: His re-appointment as a Non-Executive Director was approved. With 14,487 shares in the promoter category, he is described as an MBA holder with experience in operations management.

Auditor and Scrutinizer Appointments:
The Board made appointments for the financial year 2026-2027:

• Cost Auditor: Mr. Surendra Rai Kapur, Proprietor of S.R. Kapur, was appointed as the Cost Auditor.
• Internal Auditor: Sh. Anurag Chauhan was appointed as the Internal Auditor.
• Scrutinizer: Sh. Dinesh Kumar Gupta and his firm were appointed to oversee the remote e-voting process at the 46th AGM.

Annual General Meeting (AGM) Details​

The company approved the draft Notice of the 46th Annual General Meeting (AGM), which is scheduled for Wednesday, September 23, 2026, via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The Board also fixed September 16, 2026, as the cut-off date to determine shareholder eligibility for voting.

Stock Price Movement​

As of 13:11, Sangal Papers Ltd is ticking up at ₹183.10, having climbed 4.63% in the live market. The shares have seen considerable activity today, trading within an intraday range between a low of ₹175.00 and a high of ₹183.10.