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Sangam (India) incorporates 'Sangam Ventures' as wholly-owned subsidiary

SVL is yet to commence its business operations.

December 06, 2021 9:16 IST | India Infoline News Service
Stock Market Trader, Stock Trader, Trading
Sangam (India) Ltd has informed that the company has incorporated a Wholly owned Subsidiary Company namely "Sangarn Ventures Limited ("SVL") on December 03, 2021.

Main Objects of the Company are:
  • To manufacture, sell, purchase, export, import or otherwise deal in Cotton, Synthetics and Blended Yarn, Cloth, Synthetic Fibre, Textile materials and/or any product from such raw materials or Textiles material.
  • To process, weave, comb, spin, due, bleach, finish, 'laminate and or make marketable any fibre (Cotton or Synthetic), cloth, thread, yarn and more specifically Jute, hemp, silk, cotton, wool, mesta, nylon, terene, staple and or synthetic fibre or any description and varieties.
As per regulatory filing, SVL is yet to commence its business operations.

On Monday early morning trade, Sangam (India) was trading flat at Rs272.30 per piece on Sensex.

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