Sangal Papers Ltd. — AGM Information 2024

Sep 12, 2024

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The Secretary, Bombay Stock Exchange Limited, P. J. Tower, Dalal Street Fort, Mumbai - 400001. Scrip Code: 516096

Date: 12/09/2024

Respected Sir/Madam,

Sub.: Proceeding of 44[th] Annual General Meeting (AGM) of the Company held on Thursday, 12[th] September, 2024 at 01.30 p.m. through Video Conferencing and other Audio Visual modes :

Please find enclosed herewith the proceeding of the 44[th] Annual General Meeting of the company held on Thursday, 12[th] day of September, 2024 at 13.30 p.m. through OAVM/VC medium.

The information is being furnished in compliance with regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Kindly take on your records,

Thanking you,

For Sangal Papers Limited,

ANANT Digitally signed by ANANT VATS Anant Vats Date: 2024.09.12 M. No. F-5575 VATS 15:34:21 +05'30' Company Secretary

Place: Mawana

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PROCEEDING OF THE 44[th] ANNUAL GENERAL MEETING OF SANGAL PAPERS LIMITED (CINL21015UP1980PLC005138) HELD ON THURSDAY, 12[th] DAY OF SEPTEMBER, 2024 AT 01.30 PM WHICH WAS SCHEDULED TO BE HELD THROUGH VIDEO CONFERENCING AND OTHER AUDIO VISUAL MODES:

In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 (hereinafter called “Listing Regulation, 2015), we furnish below the proceedings of the 44[TH] ANNUAL GENERAL MEETING OF SANGAL PAPERS LIMITED (CINL21015UP1980PLC005138) HELD ON THURSDAY, 12[TH] DAY OF SEPTEMBER, 2024 AT 13.30 PM WHICH WAS SCHEDULED TO BE HELD THROUGH VIDEO CONFERENCING AND OTHER AUDIO VISUAL MODES:

The meeting commenced on time as stated in the notice of the AGM with presence of all of the Board of Directors, Auditor of the Company, Scrutinizer of the meeting, Secretarial Auditor and Company secretary along with presence of 41 members through Video Conferencing or Other Audio Visual Means. No proxies were allowed as per circular or notification issued by Ministry of Corporate Affairs and SEBI Circular.

Pursuant to Section 103 of Companies Act 2013, the minimum requisite quorum as required under section 103 (1) of the companies act 2013 were present. Hence, after confirmation to proceed with the meeting by the chairman, the company secretary initiates the proceeding of the meeting with the introduction of board of members and auditors of the company who have joined us through online (webex) platform. After that, Chairman briefed about the profit and sales of the company achieved during the FY 2024-2025 with sincere thanks and appreciation to all stakeholders of the company. On suggestion of the chairman, the company secretary takes up the regulatory matters and other general instructions relating to business and voting process

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for this meeting. Mr. Sanjay Aggarwal GM (Finance) then briefed about the financial ratios and performance of the company. After that the queries and questions of shareholder were taken up one by one. Lastly meeting concluded with vote of thanks to the Chair.

Business transacted at the 44[th] Annual General Meeting.

The Following Businesses were transacted at the 44[th] Annual General Meeting of the company.

ORDINARY BUSINESS:

1. To receive, consider and adopt the Audited Standalone Financial Statements of the company for the year ended 31[st] March 2024, together with the Report of the Board of Directors and the Auditors thereon.

2. To appoint a Director in place of Mr. Tanmay Sangal ( DIN No.: 01297057 ) who retires by rotation and being eligible, offers himself for re-appointment.

3. To appoint a Director in place of Mr. Vinayak Sangal ( DIN No.: 06833351 ) who retires by rotation and being eligible, offers himself for re-appointment.

SPECIAL BUSINESS:

1. RATIFICATION OF REMUNERATION OF COST AUDITORS :

To consider and if thought fit to pass with or without modification(s), the following Resolution as an Ordinary Resolution:

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“RESOLVED THAT pursuant to the provisions of Section 148 and other applicable provisions, if any, of the Companies Act, 2013 read with Companies (Audit and Auditors) Rules, 2014 and Companies(Cost Records and Audit) Rules, 2014 (including any statutory modification(s) or re-enactment thereof for the time being in force), the consent of the members of the Company be and is hereby accorded to the ratification of payment of remuneration of 40,000/- (Rupees Forty Thousand only) plus applicable taxes and reimbursement of travel and out of pocket expenses, if any, to be paid to M/s. Mr. S. R. Kapur, Cost Accountant (Membership No.:- M- 4926),who has been appointed as the Cost Auditors of the Company by the Board of Directors to conduct the audit of the cost records of the Company for the Financial Year ending March 31, 2025.

RESOLVED FURTHER THAT the Board be and is hereby authorized to do all such acts, deeds and things and take all such steps as may be necessary or expedient to give effect to this resolution.”

The final result along with the scrutinizers report shall be placed on the Company’s website and shall be communicated to BSE within next 2 days.

As all the agenda item of the meeting were completed, the chairman declared the meeting as concluded and thanked the members for attending and participating in the meeting and giving their valuable time to this meeting.

The meeting was concluded at 13:57 P.M. Thanking you,

For Sangal Papers Limited

Digitally signed HIMANSH by HIMANSHU Himanshu Sangal SANGAL Managing Director U SANGAL Date: 2024.09.12 Place: Mawana 15:35:40 +05'30'

Dated: 12/09/2024

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Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulation 2015.

1.Re-appointment of Director.

Name of Director	Tanmay Sangal(DIN-01297057)
Reason for change	Re-appointment of Director who retires by rotation and being eligible offers himself for re-appointment.
Date of Appointment	Re-appointment of Rotational Director in AGM held on 12/09/2024
Brief Profile	He is a post graduate in Management (Finance). He has a wide knowledge in the area of International Business and Marketing, Finance and Wide Business Administrative Experience. He is also giving a modern shape to the company in the field of national and international sale and research & development.
Relationship with Director and KMP	He is Son of Mr. Himanshu Sangal Managing Director of the Company.

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Disclosure Requirements	Details
Name of Director	Vinayak Sangal (DIN-0683335)
Reason for change	Re-appointment of Director who retires by rotation and being eligible offers himself for re-appointment.
Date of Appointment and term of Appointment	Re-appointment of Rotational Director in AGM held on 12.09.2024.
Brief Profile	He is a Mechanical Engineer and a holder of post graduate degree of Masters in Business Administration (MBA) in the field of Operations. He is involved in raw material and production management and operations of the Company
Relationship with Director and KMP	He is son of Mr. Amit Sangal who is whole time director and CFO of the Company

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