Company History - Sangam (India)
Sangam (India) Ltd (SIL), Flagship Company of the SANGAM GROUP, was
promoted under the name and style of Arun Synthetics Pvt. Ltd and
started operations in 1985.
The weaving capacity was gradually increased by installation of
additional Weaving Machines and the merger of two closely held profit
making companies in 1995.
The company took a strategic decision to go for backward integration
of its activities and made a successful entry in Spinning in 1995 by
installing 17280 spindles for manufacturing of PV dyed yarn. The
Spinning activity gave the company the volumes, margins and cash
surplus, which enabled it to embark on a path of rapid and
Since then company has carried out several expansions in spinning and
weaving division. In a short period the company has established itself
as a major player in the dyed yarn industry with a capacity of 64032
Spindles with an enviable reputation for quality, which is underlined
by its ISO 9002 certification.
At present 127 imported weaving machines in its weaving division
namely Shuttleless, Rapier and Airjet Weaving Machines.
The company is largest producer of dyed yarn in the country at single
The company has 15.7 Mw Power Plant for captive consumption.
-Sangam (India) Ltd. has appointment Mr. Shri Ram Pal Soni as a
-A meeting of the Board of Directors of Sangam India Ltd is scheduled
to be held on October 07, 2003 to consider the record date and take on
record the SEBI's observation related to proposed Right Issue of the
-Sangam (India) Ltd. has informed that Shri. R.K.Jagetia, Director of
the company has expired on December 23, 2003 due to Heart Attack.
-Rights Issue of the company has received an overwhelming response
from investors, Rs. 123.30 million Rights Issue to part finance its
1024 million expansion project has received good demand from
investors and has been oversubscribed by 1.1 times.
- Receives an exclusive Export order for supply of 1.6 million Mtrs
of PV fabrics from Egypt and Gulf based customers
-Sangam India awarded One Star Export House status
-The Acquirers & PACs are making an offer to the shareholders of
Sangam (India) Ltd (Target Company) to acquire 63,65,846 fully
paid-up Equity shares of Rs 10/- each of Target Company representing
20% of the outstanding voting equity share capital (post Preferential
issue) of the Target Company, at a price of Rs 47.10 per fully paid-up
Equity Share (the Offer Price) payable in cash, in accordance with the
regulations 10 of the Regulations.
- Sangam India Ltd on April 05, 2007 has bagged new orders worth Rs
-Company has recommended a dividend @ 10% on equity shares.
- Sangam Suiting signs multi crore endorsement deal with Suniel
Shetty and Virat Kohli as a brand ambassadors.
-Company has recommended a dividend @ 15% on equity Capital (Rs. 1.50
- Sangam India - Sangam (India) completes Rs. 180 Crore expansion
- Sangam India - Sangam (India) bags Rs. 63 crore toll project from
-The has been decided to shift the Registered Office as mentioned
below, which is within the locals limits of Bhilwara City: (1)
Existing Address: Opp. Hr. Secondary School, Indl. Estate, Pur Road,
Bhilwara - 311001 (Raj.). (2) New Address: Atun, Chittorgarh Road,
Bhilwara- 311001 (Raj.).
-The Company has recommended a dividend @ 15% on equity Capital (Rs.
1.50 Per Share
- Sangam India ltd. awarded Gold trophy for Export Perfpormance to
-Sangam India Ltd titled Sangam India bags new exports order of denim
& PV Fabrics worth Rs. 35 Crores.
-Sangam India Ltd company announced that it has bagged new export