SANGAMIND

- Sangam (India) Limited has acquired 47,60,101 equity shares (approx. 0.97% stake) of CGE II Hybrid Energy Private Limited for a total cash consideration of ₹4,76,01,010. - The acquisition is aimed at securing renewable energy under captive status (up to 5 MW) for the company's manufacturing units in Rajasthan. - The target entity belongs to the renewable power generation sector and is a subsidiary of Continuum Green Energy Limited.