SANGAM (INDIA) LTD.

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.

Sangam India Ltd has issued a communication to shareholders holding shares in physical form, urging them to update their PAN, KYC, email ID, address, bank details, and nomination information. Shareholders are advised to submit relevant forms like ISR-1, ISR-2, SH-13, and SH-14 to the Registrar and Share Transfer Agent, Bigshare Services Pvt. Ltd. The company also highlighted a special window for re-lodgement of transfer requests for physical shares sold/purchased before April 1, 2019, which is open from February 5, 2026, to February 4, 2027. This window facilitates the transfer and dematerialization of these securities, with a one-year lock-in period post-registration.

Sangam India Ltd has issued a clarification regarding the category of Mrs. Krippie Soni. Following a resolution passed at the EGM on August 12, 2026, it has been clarified that Mrs. Krippie Soni's category should be read as 'Promoter Group' instead of 'Promoter'. This correction pertains to resolution number 1 and its associated explanatory statement, as well as the first and second corrigendums to the EGM notice. All other aspects of the EGM notice remain unchanged.

Sangam India Ltd has issued a second corrigendum to its Extra-Ordinary General Meeting (EGM) notice, originally scheduled for August 12, 2026. This update is in response to queries from NSE and BSE regarding a proposed preferential issue. The second corrigendum amends Item No. 1 of the Explanatory Statement, detailing the utilization of proceeds from the preferential issue. The funds will be used for capital expenditure, including expansion, modernization, and technology upgrades across various manufacturing facilities such as cotton yarn, recycled polyester fibre, and denim fabric. The projects aim to enhance capacity, improve efficiency through automation, strengthen integration, reduce costs, and support long-term growth, with an expected completion by March 31, 2029.

Sangam India Ltd has issued a corrigendum to its Extra-Ordinary General Meeting (EGM) notice, originally scheduled for August 12, 2026. This amendment is in response to queries from NSE and BSE regarding a proposed preferential issue. The corrigendum clarifies the utilization of funds, which will be towards financing capital expenditure for expansion, modernization, and technology upgrades of manufacturing facilities, including setting up new capacities and enhancing existing ones. The total proceeds to be raised through warrants are up to ₹100,00,08,000. The EGM will be held via Video Conference/Other Audio-Visual Means.

Sangam India Ltd has announced the appointment of Mr. Ranjan Jagetia as an Additional Director in the category of Non-Executive Independent Director, effective July 28, 2026. This appointment is subject to shareholder approval and was recommended by the Nomination and Remuneration Committee. Consequent to this appointment and the resignation of Mr. Sudhir Maheshwari, the company has also reconstituted its Audit Committee and Stakeholders Relationship Committee. Additionally, the chairmanship of the Risk Management Committee has changed, with Mr. Vinod Kumar Sodani now serving as Chairman. Mr. Jagetia brings extensive experience from the apparel sourcing and distribution sector and holds an MBA and Master of Accountancy.

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.

Sangam India Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also approved a preferential issue of up to 18,00,000 warrants convertible into equity shares at ₹555.56 per warrant, aggregating up to ₹100.008 crore, to promoters. Additionally, the company plans a capital expenditure of approximately ₹1500 crore for an expansion project. The warrants are convertible within 18 months of allotment.

Sangam India Ltd's Board of Directors met on July 18, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved a preferential issue of up to 18,00,000 warrants convertible into equity shares at Rs. 555.56 per warrant, aggregating up to Rs. 100.00 crore, to promoters. Additionally, the company plans a capital expenditure of approximately Rs. 1500 crore for an expansion project. The warrants are convertible within 18 months of allotment.

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 impact the share price or volume. Sangam India Ltd attributes the trading volume increase purely to market-driven factors and is unaware of any company-specific reasons for the surge. The company reaffirms its commitment to adhering to SEBI (LODR) Regulations, 2015, and will promptly inform exchanges of any future material developments.