SANGAM (INDIA) LTD.

Sangam India Ltd reported a fire incident at its Denim Division in Bhilwara, Rajasthan, on November 9, 2026. The fire was controlled promptly with no human casualties. The estimated loss is approximately ₹5 crores. The company has adequate insurance coverage with a sum insured of ₹583 crores for Industrial All Risk and an additional ₹145 crores for loss of profit. The incident is expected to have a minor impact on overall production and operations, and the company is taking measures to restore operations. The exact cause and final extent of damage are being assessed.

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.

Sangam India Ltd announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved these results during a meeting held on November 4, 2026. The company also informed that the trading window for its shares will reopen on November 7, 2026, following compliance with insider trading regulations. The limited review report by the statutory auditors has been enclosed with the results.

Sangam India's consolidated PAT for the quarter ended September 2026 came in at ₹53.40 Cr, up 130.9% YoY and 30.2% QoQ, on revenue of ₹1,045.32 Cr (+32.96% YoY, +21.50% QoQ) — consolidated is the primary basis here and standalone (PAT ₹51.45 Cr, revenue ₹1,030.20 Cr) tells the same story; the ~3.8% gap between the two is fully accounted for by subsidiary Sangam Ventures' ₹1.95 Cr quarterly profit, not a divergent core trend. Net margin expanded to 5.08% of total income from 2.95% a year ago and 4.73% last quarter, while basic EPS rose to ₹10.63 from ₹4.60 YoY and ₹8.16 QoQ. The margin bridge has two distinct legs. Operating profitability (PBT before exceptional items) nearly doubled YoY to ₹69.85 Cr from ₹35.74 Cr, roughly tracking the 33% revenue growth with some operating leverage, but a meaningful share of the PAT outperformance came from tax: the effective tax rate fell to 21.7% this quarter from 32.1% a year ago and 25.6% last quarter. Had the YoY tax rate held flat, PAT growth would have been closer to 100% rather than 131% — still strong, but the headline overstates the pace of the underlying operating improvement. Sequentially, PBT before exceptional items grew only 23% QoQ against a 21.5% revenue gain, with higher depreciation (₹26.26 Cr vs ₹25.66 Cr) and finance costs (₹30.49 Cr vs ₹29.83 Cr) from ongoing capex keeping EBITDA margin roughly flat-to-down QoQ even as the tax-rate drop pushed PAT margin higher. We found no analyst consensus or brokerage preview for this quarter (coverage on the stock is thin, with no submitted street estimates), so vsStreet is unknown rather than inferred. Against management's own April 2026 aspiration to double FY27 PAT off FY26's ₹82.60 Cr base, the company is running ahead of pace: H1 FY27 consolidated PAT of ₹94.42 Cr already exceeds the entire prior full year, implying H2 only needs to add ~₹71 Cr to hit the doubling target. No separate press release or MD&A beyond the board-outcome cover letter was provided with this filing. During the quarter the company also allotted 18 lakh convertible warrants to promoters (₹100 Cr total, 25%/₹25 Cr received now) to fund the stated backward-integration and capacity capex, and separately clarified that a trading-volume surge in late September was market-driven rather than insider-linked — neither item moves this quarter's P&L but both are relevant context around the print. A ₹4 Cr fire-related loss at the spinning division (October 1) falls in Q3 FY27, after this quarter's close, and is not reflected in these numbers.

Sangam India Ltd has announced a Board of Directors meeting scheduled for November 4, 2026. The primary agenda is to consider and approve the unaudited financial results, both standalone and consolidated, for the quarter and half-year ended September 30, 2026. Additionally, the company has informed about the trading window closure for designated persons, effective from October 1, 2026, until 48 hours after the financial results are declared, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Sangam (India) Limited's Investment and Borrowing Committee has approved and executed agreements for an acquisition, acquiring 47,60,101 Equity Shares of ₹10/- each in CGE II Hybrid Energy Private Limited for a total cost of ₹4,76,01,010. This acquisition represents approximately 0.97% equity stake (post-allotment) in the target entity. The primary objective is to secure renewable energy under a captive status for the company's manufacturing units in Rajasthan. CGE II Hybrid Energy Private Limited is a subsidiary of Continuum Green Energy Limited, incorporated in December 2021, and is involved in renewable power generation. The transaction was completed on October 5, 2026, and does not involve related parties.

Sangam India Ltd reported a fire incident at its Spinning Division in Bhilwara, Rajasthan, on September 30, 2026. The fire was controlled promptly with no human casualties. The estimated loss is ₹4 Crores, which is adequately covered by the company's comprehensive FIRE IAR Policy with a sum insured of ₹1,528.30 Crores and additional coverage of ₹171 Crores for Loss of Profit. The company has initiated the insurance claim process and is assessing the exact cause and extent of damage. The incident is expected to have a minor impact on overall production and operations, with measures in place to ensure business continuity.

Sangam India Ltd has responded to a stock exchange clarification regarding a significant increase in its equity share trading volume. The company stated that it has consistently disclosed all material events and information as required by SEBI regulations. As of the current date, there are no undisclosed material events or impending announcements that could influence the stock's price or volume behavior. Sangam India Ltd attributes the trading volume increase purely to market-driven factors and is unaware of any company-specific reasons for this surge. The company reaffirms its commitment to adhering to SEBI (LODR) Regulations, 2015, and will promptly inform exchanges of any future material developments.

Sangam (India) Limited has announced the closure of its trading window for dealing in equity shares. This closure is effective from Thursday, October 1, 2026, and will remain in effect until 48 hours after the declaration of the Audited/Unaudited Financial Results (Standalone and Consolidated) for the quarter ending September 30, 2026. The closure applies to all Directors, Designated Persons, their immediate relatives, and other insiders. Additionally, the PAN of designated persons will be frozen by the National Securities Depository Limited for trading during this period, in compliance with SEBI regulations. The date of the board meeting to consider these financial results will be intimated separately.

Sangam India Ltd has allotted 18,00,000 warrants convertible into equity shares to its Promoter and Promoter Group on a preferential basis. The total issue size is ₹100.008 crore, with 25% of the issue price (₹138.89 per warrant) already received. These warrants are convertible into equity shares of face value ₹10 each at a price of ₹555.56 per warrant within 18 months. The allotment does not immediately change the company's issued share capital. This move aims to strengthen the promoter's stake and potentially infuse capital upon conversion.