Sangam (India) Limited has announced the reopening of a special window for physical share transfer requests, providing shareholders with an opportunity to complete previously unsuccessful transfer processes. The company published newspaper advertisements on March 17, 2026, informing stakeholders about this regulatory compliance initiative.

Special Window Details

The special window facility is specifically designed for transfer deeds that were lodged prior to April 1, 2019 but were subsequently rejected, returned, or not processed. The key parameters of this facility include:

Regulatory Framework and Process

The initiative follows regulatory guidelines and provides a structured approach for shareholders to complete their transfer processes. Eligible physical shareholders are required to re-submit their transfer requests along with physical share certificates to the designated registrar.

Registrar and Transfer Agent Details

Communication and Documentation

Sangam (India) Limited has fulfilled its regulatory obligations by publishing the notice in both English and Hindi newspapers. The company's communication, dated March 17, 2026, was addressed to both major stock exchanges where the company's shares are listed.

Stock Exchange Communication

The company has informed both NSE (Scrip Code: SANGAMIND) and BSE (Scrip Code: 514234) about the newspaper advertisement publication. This ensures compliance with listing requirements and maintains transparency with regulatory authorities.

Company Information

Sangam (India) Limited operates with CIN L17118RJ1984PLC003173 and maintains its registered office at Atun, Chittorgarh Road, Bhilwara-311001, Rajasthan. The company's communication was signed by Arjun Agal, Company Secretary & Compliance Officer (ICSI Mem No. 74400), ensuring proper authorization and regulatory compliance.

This special window represents an important opportunity for shareholders who previously faced challenges in completing their share transfer processes, providing them with additional time and support to resolve any outstanding documentation or procedural issues.

Sangam (India) Limited has announced a strategic acquisition of 49% equity share capital in Clean Max Kenai Private Limited for up to Rs 24 crore, marking a significant step in the company's renewable energy expansion. The acquisition, disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, aims to augment captive renewable energy capacity for Sangam's Rajasthan-based manufacturing plants.

Acquisition Details

The transaction involves Clean Max Kenai Private Limited, a special purpose vehicle incorporated on May 21, 2024, with a paid-up share capital of Rs 1,00,000. The target company operates in the generation and transmission of renewable energy sector, specifically focused on hybrid power solutions.

Project Specifications and Strategic Rationale

The acquisition centers around developing a 20 MW wind-solar hybrid captive power project at Bhikamkor, district Jodhpur, Rajasthan. This hybrid renewable energy project is designed to serve Sangam's manufacturing operations while ensuring long-term cost efficiency and sustainability.

Investment Benefits and Returns

The strategic investment offers multiple advantages for Sangam (India) Limited. The company expects to achieve substantial cost optimization through long-term sourcing of renewable power, reducing reliance on grid supply and exposure to tariff volatility. This approach provides improved cost stability and sustained power cost efficiencies throughout the project tenure.

The captive arrangement ensures steady and predictable cash inflows over the project life, providing clear visibility on returns and supporting stable, annuity-like earnings on the invested equity. Additionally, the investment aligns with Sangam's ESG and sustainability objectives by increasing renewable energy usage and strengthening the company's long-term clean energy strategy.

Regulatory and Compliance Aspects

The acquisition does not fall under related party transactions, and the promoter, promoter group, or group companies have no interest in the target entity. The transaction is structured as an arm's length deal, ensuring transparency and regulatory compliance. No specific government or regulatory approvals are required for this acquisition, streamlining the completion process.

Clean Max Kenai Private Limited, being a newly incorporated entity with nil turnover in the last financial year, represents a greenfield opportunity for Sangam to establish its renewable energy footprint in Rajasthan's growing clean energy sector.