Sangam India Opens Postal Ballot for Appointment of Ranjan Jagetia as Independent Director

Sangam (India) Limited has started a postal ballot process seeking shareholders’ approval for the appointment of Ranjan Jagetia as an Independent Director of the company. 

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The textile company informed the stock exchanges on September 16 that its postal ballot notice had been published in Business Standard in English and Pratahkal in Hindi on the same day. 

Shareholders will vote electronically on the proposal, with the remote e-voting window remaining open for a month. 

Voting will end on October 15 

The process of remote electronic voting started from 9 am on September 16 and will continue till 5 pm on October 15, 2026. 

The date of September 11 has been decided as the last day to determine the shareholders who would be entitled to take part in the voting. The remote voting facility has been provided by Central Depository Services (India) Limited, abbreviated as CDSL. 

The outcome of postal ballot will be announced on or before October 17. 

Shareholders to vote on appointment of Jagetia 

This resolution pertains to the appointment of Ranjan Jagetia as a Non-Executive Independent Director. 

Jagetia has come onboard at Sangam (India) as an Additional Director as per the Non-Executive Independent Director category with effect from July 28, 2026. 

The proposal pending shareholders' approval is to appoint him as an Independent Director for a period of three consecutive years until July 27, 2029. 

His appointment has been proposed by the Board of Directors, based on the recommendation of the Nomination and Remuneration Committee. 

Ranjat Jagetia has done his MBA from Louisiana Tech University and M. Accty. from Case Western Reserve University. He has over 25 years of experience in international business, strategic management, finance and apparels manufacturing. 

As per the postal ballot notice, he does not hold any shares in Sangam (India) nor is he a director in any other Indian listed company. 

Post his appointment, he would be serving on the Audit Committee and Stakeholders’ Relationship Committee of the company. 

Exchange filing follows newspaper publication 

In accordance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, Sangam (India) filed copies of the newspaper publication with the National Stock Exchange of India and BSE. 

The company has its stock code as SANGAMIND at the NSE and as 514234 at the BSE. 

Now, the postal ballot will continue until October 15, 2026, and the result of the vote will be declared on or before October 17, 2026.