Board Meeting13 Aug 2026, 04:28 pm
Sigachi Industries Board Approves Un-Audited Financial Results
AI Summary
Sigachi Industries Limited's Board of Directors met on August 13, 2026, to approve the un-audited financial results for the quarter ended June 30, 2026, both standalone and consolidated. The board also approved the lapse and forfeiture of 3,50,57,990 convertible warrants, resulting in the forfeiture of amounts received for 22,87,53,813 warrants. Additionally, the re-appointment of Ms. Dhanalakshmi Guntaka and Mr. Janardhana Reddy Yeddula as Independent Directors for a second five-year term was approved, subject to shareholder approval.
Key Highlights
- Board approved un-audited financial results for Q1 FY27.
- Lapse and forfeiture of convertible warrants approved.
- Re-appointment of two Independent Directors approved.
- Director Mr. Chidambarnathan to seek re-appointment.
- Financial results were declared for the period.
Price Impact
More from SIGACHI