Sicagen India Ltd

Sicagen India Ltd: Trading Window closed from 1 October 2026 till 48 hours after the declaration of Unaudited Financial Results (Standalone & Consolidated) for the quarter and half year ended 30 September 2026

AGM Details

• AGM held on 17 September 2026 at 03:30 p.m. IST via Video Conferencing.
• Remote e-voting from 12 Sept 2026 to 16 Sept 2026; cut-off date 10 Sept 2026.
• Scrutinizer appointed for voting: M/s. KRA & Associates.

Key Resolutions

• Resolution 1: Ordinary - Adopt Audited standalone and Consolidated Financial Statements.
• Resolution 2: Ordinary - Declare equity dividend for year 2025-26.
• Resolution 3: Ordinary - Re-elect Ashwin C Muthiah by rotation.
• Resolution 4: Ordinary - Re-elect R. Chandrasekar by rotation.
• Resolution 5: Special/Ordinary - Ratify remuneration of Cost Auditor for 2026-27.

Voting Results

• Resolution 1: Passed; ~100% in favour with negligible against.
• Resolution 2: Passed; ~100% in favour with negligible against.
• Resolution 3: Passed; ~100% in favour with negligible against.
• Resolution 4: Passed; ~100% in favour with negligible against.
• Resolution 5: Passed; ~100% in favour with negligible against.

Dividend

• Equity dividend for the year 2025-26 declared.

Director Changes

• Ashwin C Muthiah re-elected by rotation.
• R. Chandrasekar re-elected by rotation.

Auditors

• Remuneration of Cost Auditor for 2026-27 ratified.

Other Approvals

• Scrutinizer's report confirms all resolutions passed by simple majority.

AGM Details

• Date/time: 17 September 2026, 3:30 p.m. IST via VC/OAVM.
• Mode: VC/OAVM via WebEx platform.
• Remote e-voting available before; venue e-voting during meeting.
• Quorum present for the meeting.
• Scrutinizers appointed: M/s KRA & Associates.

Resolutions Put to Vote

• Ordinary: Adoption of standalone and consolidated financial statements and reports.
• Ordinary: Declaration of equity dividend for the year 2025-26.
• Ordinary: Re-election of Ashwin C Muthiah as director.
• Ordinary: Re-election of R. Chandrasekar as director.
• Special: Ratification of remuneration payable to Cost Auditor for 2026-27.

Voting Status

• Voting results to be announced within 2 working days.

Dividend

• Dividend proposed: 10% for FY 2025-26.

Director Changes

• Ashwin C Muthiah: retiring by rotation; eligible for re-election.
• R. Chandrasekar: retiring by rotation; eligible for re-election.

Auditors

• Cost Auditor remuneration ratified for FY 2026-27.

Strategic Initiatives

• HDPE barrels unit: capacity 2.10 lakh per annum; capex Rs 14.50 crores.
• Production expected to commence in FY 2026-27.

AR web-link and AGM details

• Web-link to Annual Report 2025-26 provided for unregistered email shareholders.
• AGM date scheduled for 17 September 2026 at 3:30 PM IST (VC/OAVM).
• Web-link: https://www.sicagen.com/wp-content/uploads/2026/08/Annual-Report-2025-26.pdf.
• Exact path on website: Investors / Annual Reports / 2025-26.

AGM details

• 22nd AGM on 17 September 2026 at 03:30 p.m. IST via VC/OAVM.
• E-voting period 12–16 September 2026, 09:00–17:00 IST.
• Register closed 11–17 September 2026; record date 10 September 2026.
• RTA appointed: Cameo Corporate Services Ltd.
• Notice and annual report available on company and CDSL websites.

Ordinary resolutions

• Adopt Standalone and Consolidated Financial Statements for year ended 31 March 2026.
• Declare equity dividend for 2025-26.
• Appoint Ashwin C Muthiah as director, retires by rotation, eligible for re-election.
• Appoint R. Chandrasekar as director, retires by rotation, eligible for re-election.

Cost auditor remuneration

• Ratify cost auditor remuneration for 2026-27 at Rs 90,000.

Dividend details

• Dividend proposal exists; per-share amount not disclosed in the notice.

Director information

• Ashwin C Muthiah to be re-elected; first appointed 10 Dec 2012; attended 5 board meetings in 2025-26.
• R. Chandrasekar to be re-elected; first appointed 8 Aug 2018; attended 5 board meetings in 2025-26.

Auditors

• Cost auditor nominated for 2026-27; remuneration Rs 90,000; to be ratified.

Related party transactions

• No material related party transactions disclosed in the notice.

Financials (Standalone)

• Revenue from operations: 52,027 Lakhs; Total revenue: 52,822 Lakhs.
• EBITDA: 2,889; PBT: 1,738; PAT: 1,291 Lakhs.
• EPS: 3.26; Dividend: Rs 1 per share (10%).
• Total Comprehensive Income: (1,461) Lakhs vs 1,860 in prior year.
• YoY: revenue declined vs prior year.

Consolidated Performance

• Consolidated revenue: 97,348 Lakhs; PBT: 2,525; PAT: 1,807 Lakhs.
• Consolidated EPS: 4.57 Rs; net profit mix affected by items.
• Undrawn facilities total: Rs 56.69 crore.

Segmental Performance

• Building Materials: revenue 39,928; PBT 271.
• Power & Control Systems: revenue 5,126; PBT 1,012.
• Industrial Packaging: revenue 4,125; PBT 608.
• Speciality Chemicals: revenue 1,531; PBT 350.
• Other trading: revenue 1,455; PBT 35.

Dividend & Capital Allocation

• Dividend per share: Rs 1; total Rs 395.72 Lakhs.
• Dividend payout timing: within 30 days of AGM.

Debt, Liquidity & Capital Structure

• Undrawn borrowing facilities total Rs 5,669 Lakhs as of 31.03.2026.
• Consolidated cash flows: Operating Rs 4,418 Lakhs; net increase in cash Rs 1,821 Lakhs.

Governance & Board Changes

• Devaki Muthiah Chardon resigned 12 Aug 2025.
• CFO changes: M.O. Ayyappan left 31 Oct 2025; K. Lalitha appointed 5 Nov 2025.
• Nandakumar Varma resigned 13 May 2026; Prasanna Joshi appointed WTD 14 May 2026; Postal Ballot approved 8 Jul 2026.

Audit, Risk & Controls

• Statutory auditors: SRSV & Associates re-appointed for 5 years.
• Secretarial auditors: KRA & Associates; no qualifications.
• Internal audit rotated; new firm appointed 13 May 2026.
• Contingent liabilities: disputed tax demands totaling Rs 2141 Lakhs.

CSR & ESG

• CSR obligation 2025-26: Rs 23.13 Lakhs; expenditure Rs 2.95 Lakhs; shortfall Rs 20.18 Lakhs.
• Toilet block project for Govt. school; AM Foundation implementing agency.
• Unspent CSR carried forward: Nil.

Shareholding & Compliance

• 90 crore shares dematerialised; 98.78% dematerialised.
• Promoters hold 61.13% collectively: Ranford 18.70%, Darnolly 18.39%, AMI 12.24%, Twinshield 5.20%.
• AGM 17 Sep 2026; listed on BSE; Registrar: Cameo Corporate Services.

Board actions and AGM details

• Board approved unaudited standalone and consolidated Q1 FY2026 results for quarter ended 30 June 2026, with limited review.
• AGM fixed for 17 September 2026 at 3:30 PM IST via VC.
• Book closure from 11 to 17 September 2026 (inclusive) for AGM.
• Dividend record date for FY2025-26: 10 September 2026; per NSDL/CDSL list, subject to AGM declaration.

Financial results approved

• Unaudited standalone and consolidated results for quarter ended 30 June 2026 approved.
• Limited review reports of auditors enclosed.

AGM and related dates

• 22nd AGM to be held 17 September 2026 at 3:30 PM via VC/OAVM.
• Book closure from 11 to 17 September 2026.
• Record date for dividend: 10 September 2026.

Regulatory and audit notes

• Audit committee reviewed results; board approved on 10 August 2026.
• Independent auditor's review indicated no material misstatement.