BSEAGM/EGM4d ago · 7 Aug 2026, 01:16 pm
This is in continuation of our letters dated 21st July, 2026 and 31st July, 2026, pursuant to which the Company had submitted the Notice of EGM and the First Corrigendum thereto, respectively, ....
Sangam India Ltd · 514234
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Sangam India Ltd has issued a second corrigendum to the notice of an extra-ordinary general meeting (EGM) to be held on August 12, 2026, incorporating additional disclosures and amendments related to a proposed preferential issue.
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Sangam India Ltd - 514234 - Second Corrigendum To The Notice Of Extra-Ordinary General Meeting To Be Held On Wednesday, 12Th August, 2026
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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: 7th August, 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 - 400 001 Scrip Code: 514234
Scrip Code: SANGAMIND
Sub: Second Corrigendum to the Notice of Extra-Ordinary General Meeting
Dear Sir,
This is in furtherance to our letter dated 21st July, 2026 and 31st July, 2026, whereby the Company had
submitted the Notice of the Extra-Ordinary General Meeting (“EGM”) scheduled to be held on
Wednesday, 12th August, 2026 at 11:30 a.m. (IST) through Video Conference / Other Audio-Visual Means
(OAVM) and the First Corrigendum to the Notice of EGM, respectively.
Pursuant to the additional information sought by the National Stock Exchange of India Limited ("NSE")
and BSE Limited ("BSE"), in relation to the proposed preferential issue, we are enclosing herewith the
Second Corrigendum to the Notice of EGM, incorporating the requisite disclosures and amendments.
The Second Corrigendum to the Notice of EGM shall form an integral part of the Notice of EGM, which
has already been circulated to the shareholders of the Company and on and from the date hereof, the
Notice of EGM along with its Explanatory Statement shall always be read in conjunction with the First
Corrigendum and this Second Corrigendum. All other contents of the Notice of EGM and the First
Corrigendum, save and except as modified or supplemented by this Second Corrigendum, shall remain
unchanged.
This Second Corrigendum is being sent through electronic mode to those shareholders whose email
addresses are registered with the Company/Registrar and Transfer Agent of the Company and with their
respective Depository Participants (DP’s). The Second Corrigendum to the Notice of EGM is also available
on the Company website at
https://sangamgroup.com/financials/Handbook/II%20Corrigendum%20to%20the%20Notice%20of%20EGM.pdf
We request you to kindly take the above information on your record.
Thanking you.
Yours faithfully
For Sangam (India) Limited
(Arjun Agal)
Company Secretary
M. No. A74400
Registered Office : Sangam House, Atun, Chittorgarh Road, Bhilwara - 311001 (Raj.) INDIA
SANGAM (INDIA) LIMITED
CIN : L17118RJ1984PLC003173
Regd. Off.: P.B. No. 90, Atun, Chittorgarh Road, Bhilwara-311001 (Raj.)
Phone: +91-1482-245400 Email : secretarial@sangamgroup.com Website: www.sangamgroup.com
SECOND CORRIGENDUM TO THE NOTICE OF THE EXTRA ORDINARY GENERAL MEETING
This Second Corrigendum to the Notice of the Extra Ordinary General Meeting (“Notice of EGM”) is being issued by
Sangam (India) Limited (“Company”) for convening the Extra Ordinary General Meeting of the Members of the
Company through Video Conferencing/Other Audio Visual Means (VC/OAVM) facility on Wednesday, 12th August,
2026 at 11:30 A.M. (IST). This Corrigendum is to be read in conjunction with the Notice of EGM dated 18th July,
2026 sent on 21st July, 2026 and Corrigendum dated 30th July, 2026 sent on 31st July, 2026 as available on the
website of the Company - www.sangamgroup.com on the website of the stock exchange i.e., National Stock
Exchange of India Limited (NSE) - www.nseindia.com and BSE Limited (BSE) – www.bseindia.com and on the website
of e-voting platform i.e., Central Depository Services (India) Limited (CDSL) – www.evotingindia.com The Notice of
EGM has already been circulated to all the Shareholders of the Company in due compliance with the provisions of
the Companies Act, 2013 and rules made thereunder, read with circulars issued by Ministry of Corporate Affairs
and Securities and Exchange Board of India and all other applicable provisions. The Corrigendum dated 30th July,
2026 has been circulated to the Shareholders through email on 31st July, 2026.
The Shareholders are requested to note the following changes in the Notice of the Extra Ordinary General Meeting
dated 18th July, 2026 and Corrigendum issued on 30th July, 2026:
1. ITEM NO. 1 OF THE EXPLANATORY STATEMENT PURSUANT TO SECTION 102 OF THE COMPANIES ACT, 2013:
a. Point (ii) of Item No. 1 of the Explanatory Statement shall be amended and to be read as under:
ii) Objects of the Issue
About Proposed Projects
The Company proposes to utilize the proceeds of the Preferential Issue towards financing its capital expenditure
programme for expansion, modernization and technology upgradation of its manufacturing facilities. The
proposed capital expenditure programme comprises setting up of additional manufacturing capacities in cotton
yarn, open-end yarn, recycled polyester fibre, denim fabric and garment manufacturing, modernization of the
existing PV yarn manufacturing facilities, and expansion and modernization of synthetic fabric processing and
PV garment manufacturing facilities, along with procurement and installation of plant, machinery, equipment
and allied infrastructure.
The proposed projects are aimed at enhancing the Company's manufacturing capacity, increasing operational
efficiency through automation and advanced technology, strengthening backward and forward integration
across its textile value chain, reducing manufacturing costs, improving product offerings and supporting
sustainable long-term growth. The projects are proposed to be implemented in a phased manner and are
expected to be completed on or before 31st March, 2029, subject to receipt of necessary approvals, if any, and
other customary conditions.
The Company intends to utilize the total proceeds to be raised through issuance of Warrants on an aggregate
basis including the amounts payable for conversion of warrants aggregating up to Rs. 100,00,08,000/- (Rupees
One Hundred Crores and Eight Thousand Only), through the Preferential Issue of Warrants convertible into
Equity Shares of the Company for the following purposes (collectively, the “Objects”):
Page 1 of 3
SANGAM (INDIA) LIMITED
CIN : L17118RJ1984PLC003173
Regd. Off.: P.B. No. 90, Atun, Chittorgarh Road, Bhilwara-311001 (Raj.)
Phone: +91-1482-245400 Email : secretarial@sangamgroup.com Website: www.sangamgroup.com
i. Capital Expenditure: To finance capital expenditure towards expansion, modernization and automation
of the Company's manufacturing facilities, including setting up of new production capacities - Civil
Construction, Purchase & implementation of plant & machinery (including equipment and electricals),
as determined by the Board from time to time.
ii. General Corporate Purposes: The Company proposes to utilize up to 15% of the Issue proceeds towards
Other General Corporate Purposes to provide financial flexibility for meeting its business and
operational requirements in the ordinary course of business. The proceeds may be utilized, inter alia,
towards meeting repayment or prepayment of existing borrowings (where considered appropriate),
business development and strategic initiatives, operational and administrative expenses, information
technology and digital transformation initiatives, research and development, product development and
quality improvement, brand building, and corporate overheads, and such other purposes as may be
approved by the Board of Directors or any duly constituted committee thereof from time to time,
subject to applicable laws and regulations.
The proceeds shall be utilized in accordance with the provisions of the Companies Act, 2013, the SEBI
(Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable laws & circulars
of NSE and BSE.
The distribution and tentative timeline of utilization of funds to be raised is as follows:
Objects of the Issue Amount % of Issue Size Tentative Time Line of Utilization
(Rs. in Lakhs) to be Utilized
Capital Expenditure including The
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