Sangam (India) Limited has informed the Exchange regarding Outcome (Revised) of Board Meeting held on August 07, 2025.
SANGAMIND · price
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Sangam (India) Limited announced two key decisions from its board meeting on August 7, 2025. First, the company will purchase a Recycle Polyester Staple Fibre (RPSF) manufacturing unit from M/s. Eminent Dealers Private Limited for up to Rs. 52.51 crores. The unit, located in Bhilwara, Rajasthan, has an installed capacity of 45 tonnes per day (16,020 MT per annum) and is expected to meet about 50% of the company's daily polyester fibre requirement. Second, M/s. Protiviti India Member Private Limited has been appointed as the internal auditor for FY 2025-26. The acquisition is positioned as a backward integration move to secure raw material supply, reduce logistics costs, and boost margins, with projected annual savings of around Rs. 11 crores.
This acquisition strengthens Sangam's supply chain and cost structure by bringing recycled fibre production in-house, which should support margin stability and align the company with global brands' sustainability mandates (H&M, Zara, Nike). The Rs. 11 cr projected annual savings against a Rs. 52.51 cr investment suggests a reasonable payback, potentially positively received by investors as a value-accretive move. The appointment of a reputed global firm like Protiviti as internal auditor adds credibility to governance.