Board Meeting13 May 2026, 06:31 pm
Sicagen India: Prasanna Joshi Appointed as Whole-Time Director
AI Summary
Sicagen India Ltd's board meeting on May 13, 2026, approved audited financial results for the year ended March 31, 2026, and recommended a 10% equity dividend (₹1 per share), subject to shareholder approval. Prasanna Joshi was appointed as an additional director and subsequently as a Whole-time Director, while Nandakumar Varma resigned from his Whole-Time Directorship. K R Jaikumar was designated as Senior Management Personnel, and Venkatesh & Co. were appointed as Internal Auditors for FY 2026-27.
Key Highlights
- Sicagen India recommended a 10% (₹1/share) dividend for FY 2025-26, pending shareholder approval.
- Prasanna Joshi appointed as Additional Director and then as Whole-time Director effective May 14, 2026.
- Nandakumar Varma resigned from Whole-Time Directorship due to personal reasons.
- K R Jaikumar designated as Senior Management Personnel (SMP) from May 13, 2026.
- Venkatesh & Co. appointed as Internal Auditors for the financial year 2026-27.
Price Impact
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