At meeting held on 04 August 2015
Sangam (India) announced that the Board of Directors of the Company at its meeting held on 04 August 2015, inter alia, has :1. Approved an expansion programme having outlay of Rs. 198 crore.
2. Approved the enhancement of investment limits of Foreign Institutional Investors (FIIs) from 24% to 49% subject to approval of the members at the ensuing general meeting.
3. Approved the appointment of R. P. Soni, Chairman of the Board as Whole-time Director w.e.f. 01 September 2015 for a period of 3 years, subject to approval of the members at the ensuing general meeting.
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