SANGAM (INDIA) LTD. - 514234 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Madhuri Madhusudan Kela SANGAM (INDIA) LTD. - 514234 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Neelgagan Commercial Co Ltd & Others SANGAM (INDIA) LTD. - 514234 - Announcement under Regulation 30 (LODR)-Credit Rating
Pursuant to Regulation 30 of SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to intimate that the India Ratings & Research has vide letter dated 2ndJune, 2023 assigned the following ratings : Instrument Type Maturity Date Size of Issue (million) Rating Rating Action Term loan January 2032 INR5,371.4 (reduced from INR4,179.2) IND A/Stable Affirmed Proposed term loan - INR3,910 IND A/Stable Assigned Fund-based working capital limits - INR4,500 IND A/Stable Affirmed Proposed fund-based working capital limits - INR1,770 IND A/Stable Assigned Non-fund-based working capital limits - INR1,541.4 IND A1 Affirmed Proposed non-fund-based working capital limits - INR400 IND A1 Assigned SANGAM (INDIA) LTD. - 514234 - Board Meeting Outcome for Outcome Of Circular Resolution Passed By The Board Of Directors Of The Company On -02Nd June, 2023
Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Board of Directors of the Company has approved and passed following resolution by circulation on dated 02nd June, 2023: The some of the warrant holders have exercised their right for conversion of the warrants into equity shares. Consequently, Board of Directors of the Company has approved the allotment of 15,00,000 Equity shares in pursuance of the conversion of fully paid up warrants. SANGAM (INDIA) LTD. - 514234 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to Regulation 24(A) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD1/27/2019 dated February 08, 2019 we are enclosing herewith Annual Secretarial Compliance Report duly signed by the Practicing Company Secretary for the financial year 2022-2023. SANGAM (INDIA) LTD. - 514234 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ram Pal Soni & PACs Q4FY23 Quarterly & FY23 Annual Result Announced for Sangam (India) Ltd.
Textiles company Sangam(India) announced Q4FY23 & FY23 results: Q4FY23: The company's revenue for Q4FY23 is Rs 688 crore against revenue of Rs 605 crore in Q3FY23 The company's EBITDA for Q4FY23 is Rs 76 crore Export Sales for Q4FY23 is Rs 200 crore & Domestic Sales for Q4FY23 is Rs 488 crore FY23: Gross revenue for FY23 is Rs 2,715 crore against the FY22 is Rs 2,438 crore with a growth of 11% over the YoY, whereas Fabric division sees the revenue growth of 25% of YOY. Total EBITDA for FY23 is Rs 319 crore against FY22 total EBITDA is Rs 315 crore, growth over 1% YoY Total export sales for the year ended FY23 is Rs 756.1 crore against total export sales for FY23 is Rs 921 crore Result PDF SANGAM (INDIA) LTD. - 514234 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith Audited Financial Result for the year ended 31st March, 2023 published in the Newspaper 'Denik Bhaskar' (Hindi)' and 'Business Standard' (English) SANGAM (INDIA) LTD. - 514234 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanySANGAM (INDIA) LTD. 2CIN NO.L17118RJ1984PLC003173 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 323.67 4Highest Credit Rating during the previous FY Astable 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)INDIA RATINGS AND RESEARCH PVT. LTD. 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: ANIL KUMAR JAIN Designation: COMPANY SECRETARY EmailId: [email protected] Name of the Chief Financial Officer: ANURAG SONI Designation: DIRECTOR AND CFO EmailId: [email protected] Date: 29/04/2023 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.