EGM Details

  • Date: Tuesday, September 15, 2026
  • Time: 11:00 AM
  • Mode: Video Conference/Other Audio Visual Means (VC/OAVM)
  • Cut-off date for e-voting: September 8, 2026
  • Deemed venue: Registered Office at 229/1 & 90, Kalyan's Tulsiram Chambers, Madinaguda, Hyderabad-500049, Telangana

Agenda Items

Item 1: Increase in Authorized Share Capital (Ordinary Resolution)

  • Current authorized capital: ₹43,00,00,000 divided into 43,00,00,000 equity shares of Re. 1 each
  • Proposed authorized capital: ₹60,00,00,000 divided into 60,00,00,000 equity shares of Re. 1 each
  • Purpose: To accommodate equity shares to be allotted upon conversion of convertible warrants and future business requirements
  • Requires alteration of Clause V of Memorandum of Association
  • Board approval date: August 22, 2026

Item 2: Preferential Issue of Convertible Warrants (Special Resolution)

  • Total issue size: 11,00,00,000 convertible warrants aggregating ₹290,40,00,000
  • Issue price: ₹26.40 per warrant (face value Re. 1 + premium ₹25.40)
  • Each warrant convertible into 1 equity share of ₹1 each at same price of ₹26.40 per share
  • Allottee categories:
  • Promoters: 7,50,00,000 warrants (Mr. Amit Raj Sinha)
  • Non-promoters: 3,50,00,000 warrants (42 allottees)

Detailed Allotment Structure

| Category | Allottee Name | Warrants | Amount (₹) |

| Promoter | Mr. Amit Raj Sinha | 7,50,00,000 | 198,00,00,000 |

| Non-Promoters | Trikaya Wealth Advisors Private Limited | 45,00,000 | 11,88,00,000 |

| | Rajendra Prasad Adiraju | 45,00,000 | 11,88,00,000 |

| | Satyapoorna Chander Yalamanchili | 40,00,000 | 10,56,00,000 |

| | 39 other allottees | 2,20,00,000 | 58,08,00,000 |

| Total | 43 allottees | 11,00,00,000 | 290,40,00,000 |

Utilization of Proceeds

| Purpose | Amount (₹ Crores) | Utilization Timeline |

| Acquisition/Expansion of API and Excipients including Croscarmellose Sodium (CCS) | 190.40 | 3 years |

| Working Capital | 60.00 | 2 years |

| General Corporate Purposes | 40.00 | 2 years |

| Total | 290.40 | |

Pricing Details

  • Relevant date: August 14, 2026 (30 days prior to EGM, excluding non-trading days August 15-16, 2026)
  • Minimum price calculation as per SEBI ICDR Regulations:
  • 90-day VWAP: ₹22.72
  • 10-day VWAP: ₹26.31
  • Final issue price: ₹26.40 (higher than minimum price)
  • Valuation report dated August 22, 2026 by CA. Gopavarapu Murali Reddy (IBBI Regd. No. IBBI/RV/02/2019/11566)
  • Primary exchange for pricing: NSE (higher trading volume)

Conversion Terms

  • Initial payment: 25% of issue price payable before allotment
  • Conversion period: Within 18 months from allotment date
  • Balance payment: 75% payable at conversion
  • Forfeiture: Unconverted warrants and initial payment forfeited after 18 months
  • Share rights: Converted shares rank pari-passu with existing equity shares

Shareholding Pattern Impact

  • Pre-issue paid-up capital: 38,21,17,010 equity shares
  • Post-issue fully diluted capital: 49,21,17,010 equity shares
  • Promoter holding change: 36.69% to 43.73%
  • Mr. Amit Raj Sinha's holding: 3.66% to 18.09%
  • No change in control or management of the Company

Timelines and Approvals

  • Board approval date: August 22, 2026
  • EGM date: September 15, 2026
  • Allotment completion: Within 15 days of shareholder approval (or regulatory approvals if pending)
  • Stock exchange applications: To be made on same day as EGM notice sending

Voting Arrangements

  • Remote e-voting period: September 11, 2026 (9:00 AM) to September 14, 2026 (5:00 PM)
  • Scrutinizer: M/s. Aakanksha Dubey & Co., Practicing Company Secretaries
  • Results publication: Within 2 working days of meeting conclusion

#Tags: #SigachiIndustries #PreferentialIssue #SEBIDisclosure #Fundraising #CapitalIncrease #RegulatoryCompliance #FinancialUpdate #Neutral