543389
Sigachi Industries Ltd
BSELast Traded Price
₹28.28
-0.10 (-0.35%)
Open
₹28.20
High
₹28.43
Low
₹27.83
Prev Close
₹28.38
Industry
Healthcare
Market Cap
1,080.63 Cr
Filing History
Recent corporate announcements and filings for 543389
Governance
Neutral
2026-09-30 18:05
- 10 shareholders out of 181 participants dissented on Resolution no. 8 regarding the variation in the objects of the initial public issue during the AGM held on September 22, 2026.
- No exit opportunity is applicable to the dissenting shareholders as conditions under SEBI (ICDR) Regulations, 2018 are not fulfilled.
Governance
Neutral
2026-09-30 17:54
- Sigachi Industries Limited held its 37th Annual General Meeting (AGM) on September 29, 2026.
- Resolution 1 for the adoption of standalone and consolidated financial statements was passed with overwhelming majority.
- Resolution 2 for declaring a dividend of 10% (Re. 0.10/- per equity share) was NOT passed, as it received 99.6576% votes against from the polled votes.
Governance
Positive
2026-09-29 15:58
- Sigachi Industries Limited held its 37th Annual General Meeting (AGM) on September 29, 2026, via video conference.
- Shareholders considered and adopted the standalone and consolidated audited financial statements for FY 2025-26.
- A dividend of 10% (Re. 0.10 per equity share) was proposed for FY 2025-26.
- Resolutions included the re-appointment of directors, ratification of cost auditor remuneration, re-appointment of independent directors, approval of material related party transactions, and deviation in IPO objects.
Business Update
Positive
2026-09-28 17:56
- Sigachi Industries published its Sustainability Report for the financial year ended March 31, 2026.
- The report details ESG performance, highlighting safety framework enhancements following the Pashamylaram facility incident, Scope 1, 2, and 3 GHG emissions measurement with independent assurance, and a Life Cycle Assessment of Microcrystalline Cellulose.
- Total energy consumption reduced by 11.2% YoY during FY26.
- Established a revised environmental baseline for FY2025-26 and strengthened enterprise risk management and supply chain ESG assessments.
- Ongoing capacity expansion at Dahej SEZ targets a total installed MCC capacity of 30,000 MTPA by Q2 FY28.
Routine
Neutral
2026-09-25 11:42
- Trading window for dealing in securities will remain closed from October 01, 2026.
- Closure will continue until 48 hours after the declaration of Q2 FY27 unaudited financial results.
- Board meeting date will be intimated separately.
Governance
Negative
2026-09-16 15:53
- Sigachi Industries Limited's 1st Extraordinary General Meeting (EGM) was held on September 15, 2026.
- Resolutions for increasing Authorised Share Capital and a preferential issue of 11,00,00,000 convertible warrants were not approved by the shareholders.
Governance
Positive
2026-09-15 15:40
- The 1st Extraordinary General Meeting was held on Sep 15, 2026.
- Resolutions passed included increasing Authorised Share Capital and issuing up to 11,00,00,000 convertible warrants to promoters and non-promoters on a preferential basis.
Governance
Positive
2026-09-09 15:42
- Corrigendum to EGM notice for September 15, 2026, clarifying the preferential issue of 11,00,00,000 convertible warrants at ₹26.40 each, raising ₹290.40 Cr. Funding for expansion of MCC, CCS, API facilities, working capital, and general corporate purposes. Care Ratings Limited to monitor fund utilization.
Financials
Positive
2026-09-07 20:31
- Sigachi Industries Limited has fixed September 22, 2026, as the record date for the dividend for the financial year ended March 31, 2026.
Governance
Positive
2026-09-07 20:09
- Filed Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026.
- Outlines governance on ESG, including environmental goals (e.g., 20% energy reduction by 2032), human capital management, ethical conduct, and risk frameworks.
- Details active CSR initiatives and zero pending grievances for the current FY.
Governance
Positive
2026-09-07 19:49
- The 37th AGM is scheduled for September 29, 2026, at 11:00 A.M. via Video Conference.
- Agenda includes adopting FY25-26 financials, declaring a 10% dividend (₹0.10/share), re-appointing directors, approving related party transactions, and noting a deviation in IPO object utilization for the CCS project.
Governance
Positive
2026-08-24 18:25
- Sigachi Industries Limited will hold an Extra-Ordinary General Meeting (EGM) on September 15, 2026, at 11:00 AM via Video Conference/OAVM. The e-voting cut-off date is September 08, 2026.
- The EGM will consider increasing the Authorized Share Capital from ₹43,00,00,000 to ₹60,00,00,000.
- It will also consider issuing up to 11,00,00,000 (11 Crore) Convertible Warrants at ₹26.40 per warrant on a preferential basis, aggregating to ₹290,40,00,000.
- The funds raised will be utilized for: Acquisition/Expansion of Active Pharmaceutical Ingredients (API) and Excipients (₹190.40 Crores), Working Capital (₹60.00 Crores), and General Corporate Purposes (₹40.00 Crores).
Routine
Neutral
2026-08-24 15:49
- Sigachi Industries Limited filed a correction to the outcome of its Board Meeting held on August 22, 2026.
- The correction pertains to a typographical error where the proposed allottee 'K Neelima' was mistakenly mentioned as 'Anil Kondoth' at Sl. No. 34.
Governance
Neutral
2026-08-22 17:28
CRITICAL RED FLAG DETECTED
- Board approved increasing authorized share capital from ₹43Cr to ₹60Cr.
- Approved preferential allotment of up to 11 crore convertible warrants at ₹26.40 each, raising ~₹290.4Cr.
- An EGM is scheduled for September 15, 2026, to approve these proposals.
- M/s. PRSV & Co. LLP resigned as Internal Auditors; M/s. RSM Astute Consulting Private Limited appointed as new Internal Auditors for FY 2026-27.
Governance
Positive
2026-08-22 17:21
CRITICAL RED FLAG DETECTED
- Board approved increasing authorized share capital and a preferential issue of 11 crore convertible warrants at ₹26.40 each (approx. ₹290.4 Cr), subject to EGM approval on Sept 15, 2026.
- M/s. PRSV & Co. LLP resigned as Internal Auditors and M/s. RSM Astute Consulting Private Limited was appointed.
Business Update
Positive
2026-08-20 17:51
CRITICAL RED FLAG DETECTED
- FY27 revenue guidance of INR650-675 crores.
- FY27 EBITDA margin guidance of 18%.
- Q1 FY27 MCC average realization increased to INR241.36/kg from INR216/kg in Q4.
- Dahej-2 MCC capacity expansion (12,000 MT/annum) to reach a total of 30,000 MT/annum, targeted for commissioning by Q2 FY28.
- New Croscarmellose Sodium (CCS) facility (1,800 MT) is advancing, with expected margins of 25%+ and an export focus.
- Launched HiCel SMCC Nutra, a new product for nutraceutical formulations.
- Expects API revenue to achieve INR100-110 crores or more for FY27.
- FY27 capex >INR100 crores, and FY28 capex of INR150-200 crores, to be funded via internal accruals, borrowings, or preferential equity.
- Insurance claim of INR16.5 crores for a past incident is expected to be settled by September.
- Aims to reduce receivables from current 93-94 days to 90 days by year-end and then to 75-80 days.
Governance
Neutral
2026-08-19 14:59
- Sigachi Industries Limited Board Meeting scheduled for August 22, 2026.
- Agenda includes considering fundraising via preferential issue of equity shares/convertible securities to promoters and non-promoters.
- Trading window closed from August 19, 2026, until 48 hours post-meeting.
Business Update
Neutral
2026-08-13 18:16
- Audio recording of Sigachi Industries Limited's Q1 FY 2026-27 Earnings Call is available on the company's website (www.sigachi.com) as of August 13, 2026.
Financials
Positive
2026-08-13 16:45
- Q1 FY27 Consolidated Operating Revenue ₹121.27 Cr vs ₹128.25 Cr (▼5.44% YoY)
- EBITDA ₹16.51 Cr vs ₹24.10 Cr (▼31.48% YoY)
- PAT ₹8.14 Cr vs ₹(100.97) Cr (Swung from loss to profit YoY)
- EBITDA Margin 13.62% vs 18.79% (▼517 bps)
- 3,50,57,990 convertible warrants lapsed, leading to a forfeiture of ₹22.87 Cr by the company.
Financials
Positive
2026-08-13 16:39
- Q1 FY27 Consolidated Revenue ₹121.27 Cr vs ₹128.25 Cr (▼5.43% YoY)
- EBITDA ₹16.51 Cr vs -₹96.90 Cr (swung to profit from loss YoY)
- PAT ₹8.14 Cr vs -₹100.97 Cr (swung to profit from loss YoY)
- EBITDA Margin 13.62% vs -75.56% (expanded by 8918 bps YoY)
- The Board approved the lapse and forfeiture of 3,50,57,990 convertible warrants, resulting in a forfeiture of ₹228.75 Cr.
- Re-appointment of Ms. Dhanalakshmi Guntaka and Mr. Janardhana Reddy Yeddula as Independent Directors for a second term of five years.
- Re-appointment of Mr. Chidambarnathan as a director.
Financials
Positive
2026-08-13 16:29
- Q1 FY27 Consolidated Operating Revenue ₹121.27Cr vs ₹128.25Cr (▼5.44% YoY)
- EBITDA ₹16.51Cr vs ₹24.10Cr (▼31.49% YoY)
- PAT ₹8.14Cr vs (Loss) ₹100.97Cr (▲108.06% YoY - turnaround from loss to profit)
- EBITDA Margin 13.62% vs 18.79% (▼517bps)
- Forfeiture of 3,50,57,990 convertible warrants, amounting to ₹22.88Cr, due to non-exercise of conversion option.
- Board approved the re-appointment of Ms. Dhanalakshmi Guntaka and Mr. Janardhana Reddy Yeddula as Independent Directors for a second term of five years.
- Mr. Chidambarnathan was re-appointed as a Director by rotation.
Financials
Positive
2026-08-13 16:27
- Q1 FY27 Operational Revenue: ₹1,213 Mn
- EBITDA: ₹165 Mn
- PAT: ₹82 Mn
- EBITDA Margin: 13.60%
- PAT Margin: 6.76%
Financials
Positive
2026-08-13 16:15
- Q1 FY27 Consolidated Revenue ₹121.27Cr vs ₹128.25Cr (▼5.44% YoY)
- EBITDA ₹17.52Cr vs (₹92.96Cr Loss) (Shift from loss to profit YoY)
- PAT ₹8.14Cr vs (₹100.97Cr Loss) (Shift from loss to profit YoY)
- EBITDA Margin 14.44% vs -72.49% (Significant improvement YoY)
- Board approved the re-appointment of Ms. Dhanalakshmi Guntaka and Mr. Janardhana Reddy Yeddula as Independent Directors for a second term of five years.
- The Board approved the forfeiture of 3,50,57,990 convertible warrants (amounting to ₹22.87Cr) due to non-exercise of conversion option by holders.
- Mr. Chidambarnathan was approved for re-appointment as he retires by rotation.
Business Update
Neutral
2026-08-07 15:57
- Concall Schedule
- Concall Date: Thursday, August 13, 2026
- Concall Time: 4:30 PM IST
Governance
Neutral
2026-08-07 15:46
- Board Meeting scheduled for August 13, 2026, to consider and approve Standalone and Consolidated unaudited financial results for the quarter ended June 30, 2026.
- The trading window remains closed until 48 hours after the results announcement.
Business Update
Neutral
2026-07-26 13:05
- Earnings Call for Q1 FY 2026-27 results, originally scheduled for Monday, July 27, 2026, at 4:30 PM, has been postponed.
- The postponement is due to unavoidable circumstances.
- The Company will inform the Stock Exchanges about the revised date in due course.
Governance
Neutral
2026-07-26 12:36
- Board Meeting scheduled for July 27, 2026, to approve Q1 FY27 financial results postponed.
- Postponement is due to unavoidable circumstances.
- Revised date will be intimated.
Business Update
Neutral
2026-07-21 15:57
- Concall Schedule
- Concall Date: July 27, 2026
- Concall Time: 4:30 PM IST
Governance
Neutral
2026-07-21 15:44
- Board meeting of Sigachi Industries Limited scheduled for July 27, 2026.
- To consider and approve Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2026.
Routine
Neutral
2026-06-25 15:26
- Trading window closed for designated persons and their relatives from July 01, 2026, until 48 hours after Q1 FY27 financial results dissemination.
- Board Meeting will be scheduled to approve unaudited financial results for the quarter ended June 30, 2026.