Sangam India - Outcome Of Allotment Committee Meeting

Sangam India Ltd has informed that the Allotment Committee of the Board of Directors of the Company on February 15, 2007, has allotted 5,91,160 equity shares of Rs 10/- each at a premium of Rs 36.70 per share to M/s. Pinky Exhibitors Pvt Ltd on conversion of 5,91,160 warrants issued on August 06, 2005, which are convertible at the option of the holder in 1 equity share of the face value of Rs 10/- for each warrant.Further the Company has informed that, the above shares have been allotted in compliance with the SEBI (DIP) guidelines. As on date after the above allotment of equity shares, the paid-up equity capital of the Company stands at Rs 39,42,15,590/-.