Sangam (India) Limited — Important, 10-03-2025: Disruption of Operations

A fire incident occurred at Sangam (India) Limited's Denim Division located at Village Billiya Kalan. The fire broke out around 1:30 PM on March 6, 2025. Fortunately, it was controlled quickly, and there were no injuries reported. The company is currently evaluating the cause of the fire and its impact on production and operations. While the actual financial loss is still being assessed, it is confirmed that the damage is adequately covered by insurance, and the claims process has been initiated. The incident highlights the company's commitment to maintaining high safety standards. Investors should monitor developments closely as the situation evolves, particularly regarding production capacity and insurance recovery.