Outcome of Board Meeting

SANGAM (INDIA) LIMITED CIN : L17118RJ 1984PLC 003173 E - mail : secretarial@sangamgroup.com Website : www.sangamgroup.com I Ph : +91-1482-245400-06 Ref: SIL/SEC/2026 Date: 18th July, 2026 The Manager The Manager, Department of Corporate Services Department of Corporate Services, The National Stock Exchange of India Ltd. Bombay Stock Exchange Ltd. Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers Plot No. C/1, G Block 25th Floor, Dalal Street, Bandra Kurla Complex, Bandra (E) MUMBAI - 400 001 Mumbai – 400051 Scrip Code: 514234 Scrip Code: SANGAMIND Sub.: Outcome of Board Meeting held on Saturday, 18th July, 2026 Ref.: Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir/Madam, Pursuant to the Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company in their meeting held today i.e. Saturday, 18th July, 2026 at the registered office of the Company which commenced at 11:45 A.M. and concluded at 2:00 P.M., considered and approved the following items: 1. The Unaudited (Standalone and Consolidated) Financial Results of the Company for the quarter ended 30th June, 2026. A Copy of Unaudited (Standalone and Consolidated) Financial Results along with the Limited Review Report by the Statutory Auditors of the Company is enclosed. 2. Issuance of up to 18,00,000 (Eighteen Lakh) Warrants convertible into equal number of Equity Shares at a face value of Rs. 10/- (Rupees Ten) per share on a preferential basis (“Preferential Issue”) in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations"), as amended, and other applicable laws, at the issue price of Rs. 555.56/- (Rupees Five Hundred Fifty Five and Fifty Six Paise) per warrant, aggregating up to Rs. 100,00,08,000/- (Rupees One Hundred Crore and Eight Thousand Only) to Promoter/ Promoter group, subject to the approval of the members of the Company and such regulatory/ statutory authorities as may be applicable. The warrants shall be convertible into equal number of equity shares on conversion. The information in connection with the Preferential Issue of warrants as per Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 as updated vide Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure-I to this letter. Registered Office : Sangam House, Atun, Chittorgarh Road, Bhilwara - 311001 (Raj.) INDIA SANGAM (INDIA) LIMITED CIN : L17118RJ 1984PLC 003173 E - mail : secretarial@sangamgroup.com Website : www.sangamgroup.com I Ph : +91-1482-245400-06 3. Capital Expenditure of Rs. 1500 Crores (Approx) on expansion project, the details of the same as required under circular SEBI Circular No. SEBI/HO/CFD/ CFD-PoD-1/p/CIR/2023/120 dated 11.07.2023 as updated vide Master Circular No. SEBI/HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 is attached herewith as Annexure - II Kindly take the same on record. Yours faithfully, For Sangam (India) Limited (Arjun Agal) Company Secretary & Compliance Officer ICSI Mem. No.: 74400 Registered Office : Sangam House, Atun, Chittorgarh Road, Bhilwara - 311001 (Raj.) INDIA SANGAM (INDIA) LIMITED CIN : L17118RJ 1984PLC 003173 E - mail : secretarial@sangamgroup.com Website : www.sangamgroup.com I Ph : +91-1482-245400-06 Annexure-I Disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 read with as per Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 as updated vide Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 S.No. Particulars Details 1 Type of Securities proposed to be Warrant Convertible into Equity Shares issued 2 Type of Issuance Preferential Issue 3 Total number of securities 18,00,000 (Eighteen Lakh) Warrants convertible into equal proposed to be issued or the number of Equity Shares at a face value of Rs. 10/- (Rupees total amount for which the Ten) per share at the issue price of Rs. 555.56/- (Rupees Five securities will be issued Hundred Fifty Five and Fifty Six Paise) per warrant, aggregating up to Rs. 100,00,08,000/- (Rupees One Hundred Crore and Eight Thousand Only) on a preferential basis 4 Name of the Proposed Allottees As per List attached 5 Post allotment of –securities Outcome of subscription (No.of Shares): outcome of the subscription, Category Pre Post issue price allotted price (in case Promoter/ 3,54,31,638 3,72,31,638 of convertibles), number of Promoter’s (70.52%) (71.54%) investors; Group Public 1,38,78,378 1,38,78,378 (27.62%) (26.67%) Non-Promoter 9,36,543 9,36,543 Non-Public (1.86%) (1.80%) TOTAL 5,02,46,559 5,20,46,559 (100.00%) (100.00%) Issue Price: Rs. 555.56/- (Rupees Five Hundred Fifty Five and Fifty Six Paise) per warrant as per the provisions of Regulation 164(1) of the SEBI ICDR Regulations, 2018 The number of proposed Investors are 7 (Seven). 6 In case of convertibles-intimation Warrants shall be convertible into equal number of equity on conversion of securities or on shares within a period of 18 months from the date of lapse of the tenure of the allotment of warrant. instrument Registered Office : Sangam House, Atun, Chittorgarh Road, Bhilwara - 311001 (Raj.) INDIA SANGAM (INDIA) LIMITED CIN : L17118RJ 1984PLC 003173 E - mail : secretarial@sangamgroup.com Website : www.sangamgroup.com I Ph : +91-1482-245400-06 List of Proposed Allottees for Issue of Warrants on Preferential Basis S. No. Name of Proposed Allottees Category No. of Warrants to be offered 1. Shri Pranal Modani Promoter 1,50,000 2. Shri Vinod Kumar Sodani Promoter 1,50,000 3. Smt. Antima Soni Promoter 1,00,000 4. Smt. Anjana Soni Thakur Promoter 1,00,000 5. Smt. Krippie Soni Promoter 2,00,000 6. Sangam E-com Limited Promoter Group 6,00,000 7. Nidhi Mercantiles Limited Promoter Group 5,00,000 TOTAL 18,00,000 Registered Office : Sangam House, Atun, Chittorgarh Road, Bhilwara - 311001 (Raj.) INDIA SANGAM (INDIA) LIMITED CIN : L17118RJ 1984PLC 003173 E - mail : secretarial@sangamgroup.com Website : www.sangamgroup.com I Ph : +91-1482-245400-06 Annexure II Details of expansion project as per SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/120 dated 11.07.2023 as updated vide Master Circular No. SEBI/HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 S.No. Particulars Details Spindles for Cotton yarn 1,24,992 Rotors for open end yarn 4584 1 Existing Capacity Denim fabric 5 Line Recycled polyester fibre 45 TPD Synthetic processing 52 Chamber Spindles for Cotton yarn More than 90% Rotors for open end yarn More than 90% 2 Existing Capacity Utilization Denim fabric More than 95% Recycled polyester fibre More than 95% Synthetic processing More than 95% Spindles for Cotton yarn 80,000 Rotors for open end yarn 2700 Denim fabric 2 Line 3 Proposed Capacity Addition Denim Garmenting 10 Lakh Piece/Month Recycled polyester fibre 40 TPD Synthetic processing + PV 4 Chamber & 5 Lakh Piece/Month garmenting 4 Period within which proposed capacity is to be added Upto 31st March 2029 5 Investment Required Approx. 1500 Crores 6 Mode of Financing Term Debt, Equity & Internal accruals 7 Rationale Expansion of manufacturing capacity to meet growing demand, broaden the product portfolio, introduce niche products, improve operational efficiency through advanced automation, and achieve cost competitiveness through economies of scale. Registered Office : Sangam House, Atun, Chittorgarh Road, Bhilwara - 311001 (Raj.) INDIA INDEPENDENT AUDITOR’S LIMITED REVIEW REPORT ON THE QUARTERLY UNAUDITED STANDALONE FINANCIAL RESULTS The Board of Directors Sangam (India) Limited. 1. We have reviewed the accompanying Statement of Unaudited Standalone Financial Result [Showing first 8,000 characters — download PDF for full document]