Acquisition

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/2026-27/ Date: 5th October, 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 Subject: Intimation of Acquisition under regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in terms of the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, we hereby inform you that the Investment and Borrowing Committee of the Board of Directors of Sangam (India) Limited has approved and executed Power Consumption Agreement with M/s CGE II Hybrid Energy Private Limited and Share Purchase & Shareholders Agreement with M/s CGE II Hybrid Energy Private Limited And M/s Continuum Green Energy Limited. This transaction is undertaken with the objective of securing renewable energy under captive status for the Company’s manufacturing units located in the State of Rajasthan. The details of the acquisition, as required in terms of above said SEBI Master Circular, are enclosed herewith as Annexure A. Hope you will find the same in order and take the above on record. Thanking You, Yours faithfully, For Sangam (India) Limited (Arjun Agal) Company Secretary & Compliance Officer ACS-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-A DETAILS OF ACQUISITION S.NO. Particulars Details 1 Name of the target entity, details in brief CGE II Hybrid Energy Private Limited such as size, turnover etc. Authorized Share Capital: Rs. 550 Crore Paid Up Share Capital: Rs. 492.42 Crore (Post-Allotment) Turnover as on 31st March, 2026: 65.569 Crore 2 Whether the acquisition would fall within The proposed acquisition does not fall under related party related party transaction (s) and whether transactions. The promoter/promoter group/group companies have the promoter/promoter group/group no interest in the target entity. companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” 3 Industry to which the entity being acquired Renewable Power Generation belongs 4 Objects and effects of acquisition (including To enhance captive renewable power consumption up to 5 MW for but not limited to, disclosure of reasons for the Company’s plants situated at Village Atun, Sareri, and Billiya acquisition of target entity, if its business is Kalan, District Bhilwara, Rajasthan. The Wind-Solar Hybrid Power outside the main line of business of the Project qualifies as a captive consumption project under the listed entity). applicable Electricity Act/Rules. 5 Brief details of any government or Not Applicable regulatory approvals required for the acquisitions. 6 Indicative time period for completion of the The transaction completed on 5thOctober, 2026 acquisition. 7 Consideration-whether cash consideration Cash consideration-payment made through online banking. or share swap or any other form and details of the same. 8 Cost of acquisition and/or the price at Acquisition of 47,60,101 Equity Shares of ₹10/- each. which the shares are required Total Cost of Acquisition: Rs. 4,76,01,010 9 Percentage of shareholding/control Acquisition of approximately 0.97% equity stake (post-allotment) in acquired and/or number of shares the target entity. acquired. 10 Brief background about the entity acquired CGE II Hybrid Energy Private Limited is a subsidiary of Continuum in terms of products/line of business Green Energy Limited, incorporated on December 2, 2021, for the acquired, date of incorporation, history of purpose of undertaking renewable power generation, distribution, last 3 years turnover, country in which the transmission and supply in the State of Rajasthan. acquired entity has presence and any other Financial Year Turnover significant information (in brief). 2023-24 NIL 2024-25 NIL 2025-26 65.569 Crore Country in which the acquired entity has presence - India Registered Office : Sangam House, Atun, Chittorgarh Road, Bhilwara - 311001 (Raj.) INDIA