Sangam India AGM Notice: ₹2 Dividend, ₹3000cr Borrowing

Meeting Date: Monday, 29th June, 2026 at 11:30 AM IST
Mode: Video Conferencing/Other Audio-Visual Means (OAVM)
Deemed Venue: Registered Office at Atun, Chittorgarh Road, Bhilwara - 311001, Rajasthan
Cut-off Date: Monday, 22nd June, 2026 for determining members eligible to vote
Notice Availability: Electronic mode to registered shareholders and on company website https://sangamgroup.com/financials/Handbook/AGMNotice2026.pdf

Remote e-Voting Period: Thursday, 25th June, 2026 (9:00 AM IST) to Sunday, 28th June, 2026 (5:00 PM IST)
e-Voting Agency: Central Depository Services (India) Limited (CDSL)
VC/OAVM Capacity: Available to 1000 members on first-come-first-served basis (exemptions for large shareholders, promoters, institutional investors, directors, KMPs, committee chairpersons, auditors)
Quorum: Attendance through VC/OAVM will be counted for quorum under Section 103 of Companies Act, 2013
Proxy Facility: Not available for this VC/OAVM meeting

Record Date: Monday, 22nd June, 2026 for determining eligibility for dividend
Dividend Proposal: ₹2 per equity share of ₹10 each for FY 2025-26 (subject to declaration at AGM)
Payment Timeline: Within 30 days of declaration if approved
TDS Provisions: Dividend income taxable in shareholders' hands with TDS at prescribed rates
No TDS if dividend amount ≤ ₹5,000 during FY 2026-27 for resident individuals
Higher rate of 20% if PAN not updated with Depository Participant/RTA
Non-resident shareholders can avail DTAA benefits by submitting required documents by 19th June, 2026
FII/FPI tax deduction @ 20% plus applicable surcharge and cess under Section 196D

1. Adoption of Financial Statements:

Audited standalone financial statements for FY ended 31st March, 2026 with reports of Board of Directors and Auditors
Audited consolidated financial statements for FY ended 31st March, 2026 with report of Auditors

2. Dividend Declaration:

3. Director Reappointment:

Reappointment of Mr. R.P. Soni, Chairman & Executive Director (DIN: 00401439) who retires by rotation
Board recommends reappointment
Remuneration for FY 2025-26: ₹375.21 lakhs
Other directorships: Sangam E-Com Ltd., Kalyan Sangam Infratech Ltd., Sapatrishi Commercial Company Ltd.
Board meetings attended in FY 2025-26: 5 out of 5

4. Borrowing Authorization (Section 180(1)(c)):

Special resolution to authorize borrowing up to ₹3000 crores (increased from previous ₹2000 crores limit)
Includes Indian rupees or foreign currency equivalent
Purpose: Renewable power initiatives, capacity expansion, growth-oriented capex plans
Supersedes resolution passed at 37th AGM held on 22nd September, 2023

5. Security Creation Authorization (Section 180(1)(a)):

6. Cost Auditor Remuneration Ratification:

Ordinary resolution to ratify remuneration of M/s K.G. Goyal & Co., Cost Accountants
Amount: ₹1,30,000 plus applicable taxes and reimbursement of actual out-of-pocket expenses
For cost audit services for FY 2026-27
Firm Registration No: 000017

Unclaimed Dividend: Dividends unclaimed for 7 years will be transferred to Investor Education and Protection Fund (IEPF)
Share Transfer: Securities can be transferred only in dematerialized form except for transmission/transposition requests
Special Window: SEBI has reopened special window for re-lodgement of physical share transfer deeds (February 5, 2026 to February 4, 2027)
Scrutinizer: CS Brij Kishore Sharma, Practicing Company Secretary (FCS-6206) appointed for e-voting process
Compliance: Meeting conducted in compliance with MCA Circular Nos. 14/2020, 17/2020, 20/2020, 03/2025 and SEBI Circular SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated 3rd October, 2024