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  3. Sangal Papers Ltd Files Promoter Holdings Disclosure for FY26 Under SEBI Takeover Regulations
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  • 02 Apr 2026
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 Sangal Papers Ltd Files Promoter Holdings Disclosure for FY26 Under SEBI Takeover Regulations

Sangal Papers Ltd has filed its FY26 disclosure under SEBI takeover regulations, reporting promoter group holdings of 5,16,042 equity shares as on March 31, 2026. The disclosure reveals that 2,00,000 shares remain pledged with banks, split equally between Managing Director Himanshu Sangal and Amit Sangal at 1,00,000 shares each. Importantly, no new encumbrances or pledges were created during FY26, maintaining the existing pledge structure.

Sangal Papers Ltd Files Promoter Holdings Disclosure for FY26 Under SEBI Takeover Regulations

Sangal Papers Ltd has filed its annual disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 for the financial year ended March 31, 2026. The disclosure was submitted to BSE Limited on April 1, 2026, providing transparency on promoter shareholdings and encumbrances.

Promoter Holdings Overview

According to the filing, the promoters and promoter group of Sangal Papers Ltd collectively hold 5,16,042 equity shares as on March 31, 2026. This disclosure was made by Himanshu Sangal, Managing Director and Promoter, on behalf of all promoters and the promoter group.

Share Pledge Details

Out of the total promoter holdings, a portion remains pledged with banking institutions. The current pledge structure is detailed below:

Promoter Name: Pledged Shares Himanshu Sangal: 1,00,000 Amit Sangal: 1,00,000 Total Pledged: 2,00,000

No New Encumbrances in FY26

The disclosure specifically confirms that promoters and the promoter group did not create any new encumbrances or pledges of shares, either directly or indirectly, during the financial year ended March 31, 2026. This indicates that the existing pledge arrangements with banks remained unchanged throughout FY26.

Regulatory Compliance

The filing was signed by Company Secretary and Compliance Officer Anant Vats and submitted to BSE Limited, where Sangal Papers Ltd is listed. The disclosure fulfills the company's regulatory obligations under SEBI takeover regulations, ensuring transparency in promoter shareholding patterns and any encumbrances on their holdings.

This annual disclosure provides stakeholders with clear visibility into the promoter group's equity position and confirms the stability of existing pledge arrangements during the financial year.

Sangal Papers Limited has announced the resumption of production operations at its manufacturing facility in Mawana, Uttar Pradesh. The company informed BSE Limited about this development through a regulatory filing under Regulation 30 of SEBI (LODR) Regulations, 2015.

Operational Resumption Details

The company has restarted its production activities from March 4, 2026, at its factory located at Village Bhainsa, 22 Km Stone, Meerut-Mawana Road, Mawana-250401. This resumption follows a temporary shutdown that was implemented earlier, with the company having previously communicated about the production halt on January 30, 2026.

Parameter: Details Resumption Date: March 4, 2026 Facility Location: Village Bhainsa, Meerut-Mawana Road Previous Shutdown Notice: January 30, 2026 Regulatory Filing Date: March 5, 2026

Regulatory Compliance

The announcement was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under Regulation 30, which mandates disclosure of material events and information. The communication was signed by Himanshu Sangal, Managing Director of the company, and digitally authenticated on March 5, 2026.

Company Operations

Sangal Papers Limited operates from its registered office and manufacturing facility in Uttar Pradesh. The company's production activities are now back to normal operations after the temporary suspension period. The resumption indicates the company's ability to address operational challenges and restart manufacturing processes at its Mawana facility.

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