Sangam India Ltd receives approval for availing benefits under PLI scheme

In order to take the benefits of the Production Linked Incentive(PLI) scheme for Textiles Products, notified by the Ministry of Textiles, Government of India, vide notification dated September 24, 2021, the Company had made an application under the PLI Scheme.

The Ministry of Textile, Government of India has approved the abovementioned application for availing the benefits under PLI Scheme on dated 14th April, 2022.

The Company had been granted approval under PLI scheme for manufacturing of textiles products in India.

Shares of Sangam (India) Limited was last trading in BSE at Rs. 343.50 as compared to the previous close of Rs. 321.40. The total number of shares traded during the day was 6101 in over 341 trades.

The stock hit an intraday high of Rs. 345.90 and intraday low of 325.70. The net turnover during the day was Rs. 2079459.00.

Source : Equity Bulls

Keywords

SangamIndia INE495C01010 PLIScheme Approval