Sangam (India) Ltd

Pursuant to the Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 the Meeting of Board of Directors of the Company has been duly convened today i.e. 13th February 2023. The Board transacted the following business:1. To approve Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended 31st December 2022. A Copy of Unaudited Financial Results along with Limited Review Report is enclosed herewith.2. The Company has planned expansion & modernization of its weaving and processing units situated at Village Atun Chittorgarh Road Bhilwara (Raj.) with a financial outlay of Rs.108.00 Crores for which the financial closure has been made successfully with its bankers with a term loan of Rs. 80.00 Crores and the balance by internal accruals. due to thiscapacity of fabric production shall be increased by 15.00 Lacs Meters/Month will lead to total capacity of 40.00 Lacs Meters/Month.