Sangam India Ltd. (SIL), one of the foremost producers of PV dyed yarn and seamless apparel, today announced that the company has approved the issue of up to 57,00,000 (Fifty-Seven Lacs) warrants convertible into Equity Shares(s) of the Company of the face value of Rs.10/- each aggregating up to 103.00 cr to the promoters group and Smt. Madhuri Madhusudan Kela. The company also announced that its revenue has grown more than double from INR 311 cr in Q2 FY 21 to INR 635 cr in Q2 FY22 with an increase of 104% as per YoY comparison.