Sigachi Industries Limited officially inaugurated its new state-of-the-art Research and Development (R&D) Center in Hyderabad on June 18, 2025. This advanced facility is designed to consolidate API development and analytical capabilities under one roof, aiming to accelerate product development and enhance the company's responsiveness to global regulatory demands.
Key objectives of the Hyderabad R&D Center include:
Commenting on this development, Mr. Amit Raj Sinha, Managing Director and CEO of Sigachi Industries Limited, stated that the R&D Center is a "strategic asset" that will significantly strengthen the company's development capabilities and enable a swift response to market needs. He added that it reflects Sigachi's focus on building operational depth and creating long-term value for its customers, partners, and stakeholders in the evolving global pharmaceutical environment.
Sigachi Industries Limited announced its audited financial results for the fourth quarter and financial year ended 31 March 2025, alongside a dividend recommendation and a strategic acquisition.
Financial Highlights (Year Ended 31 March 2025):
Quarterly Highlights (Quarter Ended 31 March 2025):
Dividend Recommendation: The Board of Directors recommended a final dividend of Re. 0.10 per share for the financial year ended 31 March 2025, subject to approval by members at the Annual General Meeting.
Strategic Acquisition: The company approved the acquisition of an additional 1,07,17,672 equity shares of ₹10 each in Trimax Bio Sciences Private Limited for ₹37.22 crores. This acquisition is through the conversion of advance/loan into equity and is subject to shareholder approvals. Trimax Bio Sciences, a subsidiary engaged in manufacturing pharmaceutical ingredients, bulk drugs, and intermediates, is an USFDA-approved facility. Sigachi Industries' holding in Trimax Bio Sciences will increase from 80% to 84.59% post-acquisition. Trimax Bio Sciences reported a turnover of ₹29 crores for FY 2024-25.
Auditor Appointments: The Board approved the appointment of M/s. MPR & Associates as Cost Auditors and M/s. PSRV & Co. LLP as Internal Auditors for the financial year 2025-26. M/s. Aakanksha Dubey & Co. was appointed as Secretarial Auditor for five financial years starting from FY 2025-26.
Audit Opinion: The Statutory Auditors, M/s. Yelamanchi & Associates Chartered Accountants, issued an unmodified/unqualified opinion on both standalone and consolidated audited financial results for the quarter and year ended 31 March 2025.
Fund Utilization Status: