Sigachi Industries Limited — Board Meeting, 13-11-2024: Outcome of Board Meeting

The Board of Sigachi Industries Limited has convened via video conference to approve the un-audited financial results for the quarter and half-year, revealing a revenue from operations of Rs. 18,921.67 crore, reflecting significant growth compared to the same period last year. Additionally, the Board has authorized the raising of up to US$ 100 million through the issuance of unsecured or secured Foreign Currency Convertible Bonds on a private placement basis. Furthermore, management has been empowered to explore potential acquisitions, engaging necessary advisors for evaluation and due diligence processes.