AGM Details

The 37th Annual General Meeting of Sigachi Industries Limited will be held on Tuesday, September 29, 2026 at 11:00 A.M. through Video Conference/Other Audio-Visual Means in compliance with MCA Circular No. 03/2025 dated September 22, 2025, and SEBI Circulars dated January 05, 2023 and October 7, 2023.

Cut-off Date and Voting Information

Members holding shares as of Tuesday, September 22, 2026 (cut-off date) may cast their vote by remote e-voting or e-voting during the AGM. The remote e-voting period begins on September 26, 2026 at 9:00 A.M. and ends on September 28, 2026 at 5:00 P.M.

Ordinary Business

1. Adoption of Financial Statements

To receive, consider and adopt the Standalone and Consolidated Audited Balance Sheet as at March 31, 2026, the Standalone and Consolidated Statement of Profit and Loss and Standalone and Consolidated Cash Flow Statement for the year ended March 31, 2026, together with Notes and Reports of Auditors and Directors.

2. Dividend Declaration

To declare dividend of 10% i.e., ₹0.10 per equity share of face value ₹1 for the financial year ended March 31, 2026. The Board of Directors recommended this dividend at their meeting held on May 30, 2026. Record date for dividend is September 22, 2026. Dividend will be paid within 30 days from the date of AGM approval (by October 28, 2026).

3. Director Reappointment

To appoint a director in place of Mr. Chidambarnathan (DIN: 00485497), who retires by rotation and being eligible, offers himself for re-appointment.

Special Business

4. Ratification of Cost Auditor Remuneration

To ratify payment of remuneration of ₹60,000 per annum plus GST and out-of-pocket expenses to M/s MPR & Associates (Registration No. 000413) as Cost Auditor for the financial year ending March 31, 2027. The Board approved this appointment at its meeting held on May 30, 2026.

5. Reappointment of Independent Director - Ms. Dhanalakshmi Guntaka

To reappoint Ms. Dhanalakshmi Guntaka (DIN: 09363100) as Independent Director for a second term of five consecutive years from October 18, 2026 to October 17, 2031. She was first appointed for a five-year term from October 18, 2021 to October 17, 2026. She is a Fellow Chartered Accountant and founding partner of D A Y & Associates.

6. Reappointment of Independent Director - Mr. Janardhana Reddy Yeddula

To reappoint Mr. Janardhana Reddy Yeddula (DIN: 03207357) as Independent Director for a second term of five consecutive years from November 30, 2026 to November 29, 2031. He was first appointed for a two-year term from November 30, 2024 to November 29, 2026. He is a FCMA from Institute of Cost Accountants of India with over 40 years of finance experience.

7. Material Related Party Transaction with Trimax Bio Sciences

To approve material related party transactions with subsidiary Trimax Bio Sciences Private Limited involving:

  • Sales: ₹50.00 Crores
  • Purchases: ₹50.00 Crores

Total proposed transaction value: ₹100 Crores, which represents 20.93% of Sigachi's annual consolidated turnover for FY 2025-26 (₹486.08 Crores).

Trimax Bio Sciences is 84.59% owned by Sigachi Industries. Previous transactions with Trimax:

  • FY 2025-26: ₹24.40 crores
  • FY 2024-25: ₹9.73 Crores
  • FY 2023-24: ₹27.50 Crores

Current FY 2026-27 transactions till date: ₹10.61 Crores

8. Variation in IPO Objects

To approve variation in objects of the Initial Public Issue as stated in the Prospectus dated November 8, 2021. The company seeks to modify the utilization of unutilized IPO proceeds of ₹32.30 crore earmarked for Croscarmellose Sodium (CCS) manufacturing project at Dahej, Gujarat.

The variation permits utilization of net proceeds towards funding capital expenditure including originally identified equipment costs as well as expenditure towards civil construction, consultation charges, fabrication items, pipelines, land development and other allied site-development costs, which were originally proposed to be funded from internal accruals.

IPO Proceeds utilization status as of September 30, 2025:

  • MCC capacity expansion at Dahej: ₹28.16 crore (100% utilized)
  • MCC capacity expansion at Jhagadia: ₹29.24 crore (100% utilized)
  • CCS manufacturing: ₹32.30 crore (0% utilized)
  • General corporate purposes: ₹20.43 crore (100% utilized)

Total raised: ₹110.13 crore, Total utilized: ₹77.83 crore (70.67%), Unutilized: ₹32.30 crore (29.33%)

Dividend Taxation Information

Pursuant to Finance Act 2020, dividend income is taxable in shareholders' hands. Company will deduct TDS at 10% for resident shareholders providing PAN, or 20% if PAN not provided. No TDS will be deducted if total dividend received by resident individual during FY 2026-27 does not exceed ₹5,000.

E-Voting and Meeting Logistics

The company has appointed CDSL to provide Video Conferencing facility for the AGM. Members can join the e-AGM 15 minutes before scheduled time. Up to 10,000 members can join on FIFO basis, with no restrictions for large shareholders (holding 2% or more), promoters, institutional investors, directors, KMPs, committee chairpersons, and auditors.

Ms. Aakanksha Sachin Dubey of M/s. Aakanksha Dubey & Co. has been appointed as scrutinizer. The scrutinizer report will be uploaded on company website and stock exchange websites within 2 working days from meeting conclusion.

Register Closure

The Register of Members and Share Transfer Books will remain closed from September 23, 2026 to September 29, 2026 (both days inclusive).

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