Pursuant to Regulation 30 read with Part A of schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, Sangam (India) has informed that the Board of Directors of the Company, in its meeting held on 13th December, 2021, proposed to execute a Memorandum of Understanding (MOU) with the Government of Rajasthan during the upcoming ‘Investment Summit’ at Bhilwara for Investment to the extent of Rs 1521.00 in proposed Projects of the Company directly or through its Wholly Owned Subsidiary in the State of Rajasthan.
The above information is a part of company’s filings submitted to BSE.