StockWatch
·
Other Textile Products
Quarterly Updates4 Nov 2026, 03:01 pm

Sangam India: Monitoring Agency Report for Q2 FY27

AI Summary

Sangam India Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, as required by SEBI regulations. The report, prepared by Brickwork Ratings India Private Limited, details the utilization of proceeds from a preferential issue of warrants. The issue size was ₹100.0008 Crore, with ₹25.0002 Crore received as application money. The report confirms no deviation from the stated objects of the issue. The Audit Committee and Board of Directors reviewed the report on November 3rd and 4th, 2026, respectively. The information is also available on the company's website.

Key Highlights

  • Monitoring Agency Report for Q2 FY27 submitted.
  • Report covers utilization of preferential issue proceeds.
  • No deviation from stated objects confirmed.
  • Audit Committee and Board of Directors reviewed the report.