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Sangam (India) inks MoU with DaMENSCH Apparel

05 Jun 2025 Evaluate

Sangam (India) has entered into a Non-Binding Memorandum of Understanding (MoU) on June 4, 2025 with DaMENSCH Apparel (DaMENSCH) whereby the company shall make an initial investment of an amount of around Rs 10 crore in DaMENSCH subject to satisfactory completion of conditions precedent as set out in MoU and signing of definitive agreements.

The MoU is to explore a long-term strategic partnership with DaMENSCH, focused on the manufacturing, marketing and selling of seamless and activewear products of the company.

Sangam (India) is engaged in manufacturing of cotton, synthetic blended yarns, open yarn, synthetic and denim fabric weaves, cotton knitted fabric seamless garment knitting, and fabric processing. It also offers a range of woven PV fabrics, for suiting and bottom wear. The Company’s flagship brands include Sangam Suiting and Sangam Denim.


Peers
Company Name CMP
Vardhman Textiles 553.55
Welspun Living 198.60
Arvind 555.00
Raymond Lifestyle 670.50
K.P.R. Mill 1108.40
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