Sangam Announces Appointment of Independent Director and Reconstitution of Key Board Committees
Sangam (India) Limited has announced a significant change in its leadership structure, appointing Mr. Ranjan Jagetia as an Additional Non-Executive Independent Director. Furthermore, the company's Board has reconstituted several key committees following this appointment and another resignation within the directorship.The appointment of Mr. Jagetia was made effective July 28, 2026. The decision followed a recommendation by the Nomination and Remuneration Committee. As an Independent Director, Mr. Jagetia is not related to any existing directors and holds no shares in Sangam (India) Limited.
Mr. Jagetia brings extensive experience from his professional background. He is the President of Taj Imports Inc., a leading apparel sourcing and distribution company based in Cleveland, Ohio, USA. His business associations include Aarco Uniform, Midwest Impex, Robotco Inc., and Oakwood Business Park. Academically, Mr. Jagetia holds an MBA from Louisiana Tech University (1988) and a Master of Accountancy from Case Western Reserve University (1991).
Board Committee Composition Updated
Effective July 28, 2026, the Board of Directors has finalized the composition of the Audit Committee and the Stakeholders Relationship Committee. The structure of the Risk Management Committee has also been modified with a change in chairmanship.The members of the Audit Committee include:
| S. No. | Name | Designation | Nature of Directorship |
|---|---|---|---|
| 1. | Mr. Dinesh Chander Patwari | Chairman | Non-Executive Independent Director |
| 2. | Mr. Upendra Prasad Singh | Member | Non-Executive Independent Director |
| 3. | Mr. Ranjan Jagetia | Member | Non-Executive Independent Director |
| 4. | Mr. Anurag Soni | Member | Managing Director & Executive Director |
The Stakeholders Relationship Committee is composed as follows: (Note: The source provides the committee name but not a detailed table for this specific body, only noting its existence alongside other changes).
The Risk Management Committee structure has been finalized after the change in chairmanship. Its members are listed below:
| S. No. | Name | Designation | Nature of Directorship |
|---|---|---|---|
| 1. | Mr. Dinesh Chander Patwari | Chairman | Non-Executive Independent Director |
| 2. | Mr. Ranjan Jagetia | Member | Non-Executive Independent Director |
| 3. | Mr. Ram Pal Soni | Member | Chairman & Executive Director |
The company has stated that the composition of these committees remains unchanged apart from the noted changes in chairmanship and the introduction of new members resulting from the appointments and resignations.
SANGAMIND Stock Price Movement
Today, shares of Sangam (India) Limited tumbled as the stock settled at ₹602.35 after slipping 2.09% in post-market trading. The decline occurred on a volume of 31,132 shares from the previous close of ₹612.55.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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