Sangam (India) gets NCLT approval for merger

16 Mar 2022 , 10:40 AM

Sangam (India) Ltd stock trade marginally higher as the company informed that the Hon’ble National Company Law Tribunal (NCLT), Jaipur bench has approved the Scheme of Amalgamation of Sangarn Lifestyle Ventures limited (wholly owned subsidiary company) – with Sangam (India) -Limited -on dated March 11, 2022. 

At around 10:43 AM, Sangam (India) was trading at Rs298.15 apiece up by Rs0.45 or 0.15% from its previous closing of Rs297.70 apiece on the BSE.

The current market cap of the company is Rs1,292.66cr.