Sangam (India) Limited issued a corrigendum to its Extra-Ordinary General Meeting (EGM) notice on August 1, 2026, updating shareholders on disclosures related to a proposed preferential issue of warrants. The company clarified that the amendments do not affect the issue size, the number of warrants proposed, or the pre-issue and post-issue share capital structure. This procedural update ensures transparency ahead of the EGM scheduled for August 12, 2026, allowing investors to review modified explanatory statements before casting their votes.

The original EGM notice was dispatched electronically to members on July 21, 2026. The corrigendum specifically addresses amendments to Points (ii), (vi), (xii), and (xvii) of the Explanatory Statement relating to Item No. 1 of the Notice. These changes pertain strictly to certain disclosures connected with the warrant issuance and leave all other resolutions and terms contained in the original EGM Notice unchanged. The filing was submitted pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Corrigendum

The company emphasized that the corrigendum forms an integral part of the EGM Notice and must be read in conjunction with it. Shareholders are advised that except for the modifications specified in this document, all other contents remain valid. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).

The amended explanatory statement relates to Item No. 1 of the Notice, which concerns the preferential issue of warrants. The company stated that the number of warrants proposed to be issued remains unaffected by these disclosure updates. This distinction is critical for investors assessing the dilution impact and financial implications of the proposed capital raise.

Accessing the Documents

Sangam (India) Limited has made the corrigendum available through multiple channels to ensure broad accessibility for its members. The document has been sent electronically to all registered shareholders. It is also accessible on the company’s official website at www.sangamgroup.com , as well as on the websites of BSE Limited ( www.bseindia.com ) and National Stock Exchange of India Limited ( www.nseindia.com ). Additionally, the corrigendum can be viewed on the website of Central Depository Services (India) Limited (CDSL) at www.evotingindia.com .

Members are requested to review the corrigendum alongside the original EGM Notice before participating in the meeting. The Company Secretary and Compliance Officer, Arjun Agal, signed the communication, which was issued from the company’s registered office in Bhilwara. The notice also includes a QR code for quick digital access to the updated documents.

Sangam (India) Limited has issued a corrigendum to the notice of its Extra-Ordinary General Meeting (EGM), scheduled for August 12, 2026, to incorporate additional disclosures regarding a proposed preferential issue of warrants. The amendment, submitted on July 31, 2026, responds to information requests from the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) dated July 27, 2026, ensuring compliance with regulatory requirements before shareholders vote on the matter.

The company proposes to raise an aggregate amount of up to ₹100,00,08,000 (Rupees One Hundred Crores and Eight Thousand Only) through the preferential issue of 18,00,000 warrants convertible into equity shares at an issue price of ₹555.56 per warrant. The funds are intended to finance capital expenditure for expansion, modernization, and technology upgradation of manufacturing facilities, including cotton yarn, open-end yarn, recycled polyester fibre, denim fabric, and garment manufacturing units.

Allocation of Proceeds

The proceeds from the warrant issue will be utilized across three primary categories, with implementation expected to be completed by March 31, 2029. Capital expenditure constitutes the largest share of the allocation, aimed at civil construction and the purchase of plant and machinery.

Working capital requirements will not be met directly from the issue proceeds but will be financed through bank facilities such as working capital term loans or cash credits upon commencement of commercial production. The company intends to keep unutilized issue proceeds in Fixed Deposit Receipts (FDRs) until deployment.

Promoter Subscription and Shareholding Impact

The entire preferential issue is subscribed by promoters and promoter group entities. There will be no public subscription component. The allotment details are as follows:

Mrs. Krippie Soni, spouse of Managing Director Anurag Soni, is classified as a promoter under Regulation 2(pp) of the SEBI (ICDR) Regulations, 2018, despite currently holding no shares in the company. The filing confirms that there shall be no change in the management or control of Sangam (India) Limited consequent to this issue.

Monitoring and Compliance

Brickwork Ratings India Private Limited has been appointed as the Monitoring Agency to oversee the utilization of proceeds and submit quarterly reports to the stock exchanges. A Practicing Company Secretary’s certificate from Brij Kishore Sharma of B K Sharma and Associates confirms that the warrant issue complies with the SEBI ICDR Regulations. The corrigendum forms an integral part of the EGM notice and must be read in conjunction with the original notice circulated on July 18, 2026.