
SG Mart Appoints New Directors, Approves ₹85 Cr Acquisition
SG Mart Ltd announced significant board changes and a strategic acquisition following its board meeting on July 20, 2026. The company appointed Mr. Sanjay Gupta as Chairman & Managing Director, Mr. Rohan Gupta as Whole Time Director, Mr. Chakram Kumar Singh as Non-Executive Non-Independent Director, and Ms. Shruti Shrivastava as Non-Executive Independent Director. All appointments are effective July 20, 2026, and are subject to shareholder approval. Additionally, the board approved the acquisition of 100% of Tanwar Cargo Solutions Private Limited for ₹85 crore, expected to be completed by December 31, 2026, making TCSPL a wholly-owned subsidiary. The company also approved its Unaudited Financial Results for the quarter ended June 30, 2026.
Key Highlights
- New Chairman & MD, Whole Time Director appointed.
- Two Non-Executive Directors appointed.
- Acquisition of Tanwar Cargo Solutions for ₹85 crore approved.
- Acquisition to make TCSPL a wholly-owned subsidiary.
- Unaudited financial results for Q1 FY27 approved.
Price Impact
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