Sicagen India Ltd

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.

Purpose

• Postal ballot sought approval for two ordinary resolutions: director appointment and WTD appointment/remuneration; cut-off date May 29, 2026.

Resolutions

• Resolution 1 (Ordinary): Appointment of Mr. Prasanna Joshi (DIN 11702992) as Director under Section 152.
• Resolution 2 (Ordinary): Approval for appointment and remuneration of Mr. Prasanna Joshi as Whole-Time Director.

Outcome

• Resolution 1 passed with requisite majority; in favour 99.9845%, against 0.0155%.
• Resolution 2 passed with requisite majority; in favour 99.9819%, against 0.0181%.

Impact on shareholders

• No share capital changes; governance appointments approved and remuneration approved.

Director details

• Prasanna Joshi: Director and Whole-Time Director; term and experience not disclosed.

Dematerialisation status

• Dematerialisation requests received during the quarter were confirmed (accepted/rejected) to the depositories.
• Securities dematerialised have been listed on the stock exchanges where the earlier issued securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after due verification.
• The depository's name has been substituted as registered owner in the records within the prescribed timeline.