Sigachi Industries Limited has announced the record date for its dividend distribution for the financial year ended March 31, 2025. The company has set September 16, 2025, as the crucial date for determining shareholder eligibility for the upcoming dividend payout.

Key Details

• Record Date: September 16, 2025
• Financial Year: Ended March 31, 2025

Official Communication

The decision was officially communicated to both the BSE and NSE exchanges by Vivek Kumar, the Company Secretary & Compliance Officer of Sigachi Industries Limited. This announcement aligns with the regulatory requirements under Regulation 42 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Importance for Shareholders

The record date is a critical milestone for shareholders, as it determines who will be eligible to receive the dividend. Investors who own Sigachi Industries shares at the close of business on September 16, 2025, will be entitled to the dividend for the financial year 2024-2025.

Regulatory Compliance

By fixing the record date and promptly informing the stock exchanges, Sigachi Industries demonstrates its commitment to transparency and adherence to regulatory standards. This timely disclosure allows investors to make informed decisions regarding their shareholdings in the company.

While the exact amount of the dividend has not been specified in the current announcement, shareholders and potential investors should keep an eye out for further communications from the company regarding the dividend quantum and payment date.

Sigachi Industries' proactive approach in setting and announcing the record date well in advance provides clarity to the market and helps maintain an orderly process for dividend distribution.

Sigachi Industries Limited , a prominent player in the pharmaceuticals and biotechnology sector, is facing multiple challenges according to recent reports and disclosures.

Warrant Proceeds Shortfall

The company's latest monitoring agency report for the quarter ended June 30 revealed a significant shortfall in its recent Rs 286.45 crore convertible share warrants issue. Sigachi Industries has not received Rs 68.63 crore from warrant holders within the stipulated timeline, representing 24% of the total issue size. This shortfall is likely to impact the company's planned capital expenditure and expansion initiatives.

Fire Incident at Hyderabad Facility

A fire incident at Sigachi Industries' Hyderabad facility is expected to adversely affect the planned capital expenditure and expansion initiatives. The monitoring agency noted that this incident could materially influence investor decision-making.

Utilization of Raised Funds

Of the total Rs 286.45 crore raised, Sigachi Industries has utilized Rs 197.91 crore across various objectives:

Notably, the Hyderabad facility expansion project shows nil utilization during the quarter, likely due to the aforementioned fire incident.

Promoter Investment

The report highlights that promoters have infused only 59% of their committed Rs 135.72 crore investment, with Rs 56.77 crore still pending. This partial fulfillment of promoter commitments may raise concerns among investors about the company's internal financial support.

Unutilized Proceeds

Sigachi Industries maintains Rs 19.91 crore in unutilized proceeds, which have been deployed in inter-corporate deposits and fixed deposits:

• Rs 16.75 crore invested in inter-corporate deposits with Kaycee Finstock Private Limited, maturing on August 21, at a 10% return on investment.
• Rs 3.16 crore placed in a fixed deposit with SBM Bank, maturing on May 24, at an 8.55% interest rate.

Share Invocation by RPS Industries

In a separate development, RPS Industries Private Limited has invoked 39,50,000 pledged equity shares of Sigachi Industries Limited. The invocation occurred in two tranches:

• 16,00,000 shares on August 6
• 23,50,000 shares on August 7

The shares were pledged to Comfort Fincap Limited and Jio Finance Services Limited respectively, with the stated reason being equity participation by the promoter. Following the invocation, RPS Industries' encumbered shareholding in Sigachi Industries decreased from 19.00% to 17.97% of total share capital. RPS Industries holds a total of 7,48,07,250 shares representing 19.58% of Sigachi Industries' total share capital.

Implications and Outlook

The combination of the warrant proceeds shortfall, the fire incident at the Hyderabad facility, the partial fulfillment of promoter investments, and the recent share invocation presents significant challenges for Sigachi Industries. These factors may potentially delay the company's expansion plans and impact its near-term growth prospects.

Investors and stakeholders will likely be closely monitoring how the company addresses these issues and adjusts its strategies to mitigate the impact on its operations and financial performance in the coming quarters.