Sigachi Industries Ltd

Dissenting shareholders in IPO objects variation vote

• 10 dissenting shareholders out of 181 participated in voting on Resolution No. 8.
• Resolution No. 8 concerns variation in IPO objects for full utilization of funds.
• No exit opportunity for dissenters as ICDR Schedule XX conditions are not fulfilled.
• Sunil Kumar Agarwal — 650 shares; Labani Dhar Patel — 920 shares.
• Rajendra Bhat — 1179 shares; Prasanta Ghosh — 100 shares.
• Mrunal Pankaj Bhatt — 8,427 shares; Navneet Mundada HUF — 63,000 shares.
• Makwana Jatinbhai Himatbhai — 2 shares; Prashant Saraswat — 264 shares.
• Vimal Raj — 1,260 shares; Dinesh Sudam Patil — 20 shares.

AGM Details

• Date: September 29, 2026; Time: 11:00 a.m.; Mode: Video Conference/OAVM.
• Quorum: 43 members; Meeting concluded at 11:31 a.m.

Key Resolutions

• Ordinary: Adopt standalone and consolidated financial statements for FY2025-26.
• Ordinary: Declare dividend of 10% (Re 0.10 per share) for FY2025-26.
• Ordinary: Re-appointment of director retiring by rotation.
• Special: Ratification of remuneration to Cost Auditor for FY2026-27.
• Special: Re-appointment of Ms. Dhanalakshmi Guntaka as Independent Director.
• Special: Re-appointment of Mr. Janardhana Reddy Yeddula as Independent Director.
• Ordinary: Approve material related party transaction with Trimax Bio Sciences Private Limited (subsidiary).
• Special: Deviation in IPO objects as stated in the 08.11.2021 prospectus.

Voting Results

• Resolution 1: Outcome not disclosed in filing.
• Resolution 2: Dividend approval outcome not disclosed.
• Resolution 3: Re-appointment outcome not disclosed.
• Resolution 4: Cost Auditor remuneration ratification outcome not disclosed.
• Resolution 5: Independent Director re-appointment outcome not disclosed.
• Resolution 6: Independent Director re-appointment outcome not disclosed.
• Resolution 7: Related party transaction with Trimax Bio Sciences outcome not disclosed.
• Resolution 8: IPO objects deviation outcome not disclosed.

AGM Details

• Date and time: 29 September 2026 at 11:00 a.m.; mode: Video Conference / OAVM.
• Quorum: 43 members attended via VC.

Key Resolutions

• Resolution 1 (Ordinary): Adopt standalone and consolidated financial statements and related reports.
• Resolution 2 (Ordinary): Dividend declaration of 10% (₹0.10 per share).
• Resolution 3 (Ordinary): Re-appoint director retiring by rotation.
• Resolution 4 (Ordinary): Ratify remuneration to Cost Auditor for the year.
• Resolution 5 (Special): Re-appointment of Independent Director.
• Resolution 6 (Special): Re-appointment of Independent Director.
• Resolution 7 (Ordinary): Approve material related party transaction with subsidiary.
• Resolution 8 (Special): Deviation in IPO objects from Prospectus.

Reporting scope & assurance

• FY2025-26 sustainability report covers Sigachi's standalone sites and R&D centre.
• Scope 3 emissions measured for first time with independent assurance for Scope 1-3.
• Environmental baseline revised to FY2025-26 to reflect footprint and data maturity.

Governance & risk framework

• Board comprises six directors: three Executive and three Independent.
• COSO-aligned ERM; formalised Business Continuity Plan approved June 2026.
• Audit Committee oversees ESG disclosures; enterprise risk data integrated with governance.

Operations & sustainability highlights

• Hyderabad API R&D Centre now operational; Dahej MCC expansion to 30,000 MTPA.
• FY2025-26 revenue ₹477.8 crore; EBITDA ₹53.7 crore; EBITDA margin 11.24%.
• Net worth ₹528.9 crore; Great Place to Work certification achieved.
• 12,600+ lives touched; CSR expenditure ₹11.21 million.

Sigachi Industries Limited — Closure of Trading Window from October 01, 2026 for Designated Persons and their immediate relatives, until 48 hours after dissemination of the unaudited Financial Results for the quarter ended September 30, 2026

EGM details

• Date and mode: 15 September 2026, held via video conference.
• Purpose: proposed increase in authorised share capital and preferential issue of convertible warrants.

Resolutions

• Resolution 1: Ordinary, increase in authorised share capital and capital clause alteration; promoter interest: No.
• Resolution 2: Special, issue of upto 11,00,00,000 convertible warrants on preferential basis; promoter interest: Yes.

Voting outcome

• Resolution 1 rejected; 3.63% in favour, 96.37% against on votes polled.
• Resolution 2 rejected; 0.58% in favour, 99.42% against.

Impact on shareholding and governance

• No material change in shareholding or control.
• Capital action not completed; funds not raised or utilised.
• No board or management changes.
• Scrutinizer's report notes non-approval of both resolutions.

Resolution 1: Authorised Capital Increase

• Type: Special resolution.
• Nature: Increase in authorised share capital; alteration of capital clause in MOA.
• Key terms: New authorised amount not disclosed.
• Promoter participation: Not disclosed.

Resolution 2: Convertible Warrants on Preferential Basis

• Type: Special resolution.
• Nature: Issue of 11 crore convertible warrants; preferential allotment to promoters and non-promoters.
• Key terms: Price and other terms not disclosed.
• Promoter participation: Promoters included among proposed allottees.
• Voting outcome: Not disclosed; results to be shared later.
• Impact on ownership: Not disclosed.

Resolutions

• Special: Increase in authorised share capital and alteration of MOA capital clause.
• Special: Issue of up to 11,00,00,000 convertible warrants to promoters and non-promoters on preferential basis.

Voting status

• Voting conducted by remote e-voting; no show of hands.
• Results to be disseminated to exchanges and on the company's website.

Shareholding impact

• No stated impact on promoter holding or control in the filing.

Governance

• Meeting chaired by MD & CEO; Scrutinizer appointed for vote counting.

Meeting details

• EGM held September 15, 2026 with 58 attendees.