11-Sept-2026 12:42:14
SANGAMINDIPO
SANGAM (INDIA) LIMITED RAISED RS 100 CR FUNDS FROM PREFERENTIAL ALLOTMENT @ ₹555.56/SHARE
• Allotted 18,00,000 warrants convertible into equity shares at ₹555.56 per warrant • Aggregate issue size ₹100,00,08,000 • Warrants allotted to promoter and promoter group entities • 25% of the issue price received upfront (~₹25,00,02,000) • Warrants convertible within 18 months into equity shares of ₹10 face value Impact: Neutral (Preferential allotment to promoters, no immediate change in equity structure)
Sangam (India) Limited
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