StockWatch
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Other Textile Products
AGM/EGM21 Jul 2026, 12:18 pm

Sangam India Ltd to hold EGM on Aug 12, 2026 for preferential issue

AI Summary

Sangam India Ltd has announced an Extra-Ordinary General Meeting (EGM) to be held on August 12, 2026, at 11:30 AM IST via Video Conferencing/Other Audio Visual Means (VC/OAVM). The primary agenda is to consider and approve a special resolution for the preferential issue of up to 18,00,000 warrants convertible into equity shares to promoters and promoter group entities. The issue price is set at ₹555.56 per warrant, with an aggregate value of up to ₹100,00,08,000. The cut-off date for e-voting eligibility is August 5, 2026. Remote e-voting will be open from August 8 to August 11, 2026.

Key Highlights

  • EGM scheduled for August 12, 2026, via VC/OAVM.
  • Proposal to issue 18 lakh warrants to promoters on preferential basis.
  • Total preferential issue size up to ₹100.00 Cr.
  • Remote e-voting facility available from August 8-11, 2026.
  • Cut-off date for e-voting eligibility is August 5, 2026.