SANGAMINDNSESangam (India) Limited· Textiles - SyntheticMinimalNeutral
Announced Tue, 30 Jun · 13:37 IST

Sangam India AGM results: all 6 resolutions passed, Rs 2 dividend confirmed

SANGAMIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹533.45
prior close
₹544.55
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AI summary

Sangam India filed scrutinizer report on its 40th AGM held 29 June 2026 via video conferencing. All 6 resolutions passed with required majority. Items: adoption of FY26 standalone and consolidated financial statements, dividend of Rs 2 per share on Rs 10 face value, reappointment of Chairman RP Soni retiring by rotation, and board authorisation to borrow and create security under Section 180. Also ratified cost auditors remuneration for FY27. 99 shareholders attended virtually out of 9,610 on record date. Approval ranged from 99.95 percent to 100 percent on each resolution.

Likely market impact

Confirms Rs 2 per share dividend for FY26 and broader board borrowing powers; near-unanimous shareholder backing signals steady management support.