Sangam (India) Capital Structure Change
Sangam India allotted 18,00,000 preferential warrants at ₹555.56 each, aggregating ₹100 Crore, to Promoter/Promoter Group. 25% upfront of ₹25 Crore received; conversion within 18 months.
- Value
- ₹100.0 Cr
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Sangam India allotted 18,00,000 preferential warrants at ₹555.56 each, aggregating ₹100 Crore, to Promoter/Promoter Group. 25% upfront of ₹25 Crore received; conversion within 18 months.
Sangam (India) Limited issued a corrigendum for its EGM notice regarding a Rs. 100 Crore preferential warrant issue. The funds will support expansion and modernization projects.
Sangam (India) Limited will issue 18 lakh convertible warrants to raise approximately ₹100.00 Crore. The board approved this preferential allotment on July 18, 2026.