Sigachi Industries has closed its trading window for designated persons and their immediate relatives starting October 1, 2026. This closure will remain in effect until 48 hours after the dissemination of the company's unaudited financial results for the quarter ended September 30, 2026.

The move is in compliance with the company's Code of Conduct for Prevention of Insider Trading, adopted under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The restriction applies to all securities of the company during the specified period.

Board meeting scheduled

The company stated that a board meeting is scheduled to consider and approve the unaudited financial results for the second quarter of fiscal year 2027. A separate intimation regarding the notice of this board meeting will be sent to the stock exchanges.

Compliance details

Designated persons have been explicitly instructed not to trade in the company's securities while the window is closed. This measure ensures adherence to regulatory standards regarding insider trading prevention.

Sigachi Industries shareholders rejected both resolutions placed before them at the company’s first extraordinary general meeting for FY27 held on September 15, 2026. The proposals included a preferential issue of convertible warrants and an increase in authorized share capital.

The meeting, conducted via video conference under SEBI Listing Obligations and Disclosure Requirements Regulations, commenced at 11:00 am and concluded at 11:28 am. A total of 58 members attended, satisfying the quorum requirement.

Key Resolutions

The Board of Directors placed two special business items before the shareholders:

• Increase in the authorized share capital and consequent alteration of the capital clause in the Memorandum of Association.
• Issue of up to 11,00,00,000 convertible warrants to promoters and non-promoters on a preferential basis.

Voting Results

As per the Scrutinizer's Report dated September 16, 2026, neither resolution received the requisite majority.

Promoters and promoter group members voted entirely against both resolutions. Public institutional investors supported the capital hike but largely opposed the warrant issue. Non-institutional public shareholders were divided on the capital hike but leaned against it, while also opposing the warrant issue.

Meeting Proceedings

Mr. Amit Raj Sinha, Managing Director and CEO, chaired the meeting. The Company Secretary, Mr. Vivek Kumar, welcomed attendees and outlined the e-voting procedure. M/s. Aakanksha Dubey & Co., Practicing Company Secretary, was appointed as the Scrutinizer to oversee the remote e-voting and e-voting at the EGM process.

Since all resolutions had already been put to vote through remote e-voting, no proposing or seconding of resolutions occurred during the physical session. Members who had not cast their votes electronically were given the opportunity to do so during the meeting. Queries raised by members regarding the preferential issue were addressed by the management.

Attendance

The following directors and key managerial personnel were present:

Other invitees included Ms. Aakanksha Sachin Dubey (Secretarial Auditor and Scrutinizer) and Mr. Lijo Stephen Chacko (Deputy Group CEO).