Sigachi Industries Limited — Important, 22-03-2025: Updates

The revised Scrutinizers’ Report confirms that both resolutions presented at the Extra-Ordinary General Meeting have been passed with a significant majority of 99.99%. These resolutions included the appointment of M/s Rakesh S Jain & Associates as the Statutory Auditor and a deviation in the objectives of the Initial Public Issue as per the company prospectus. A typographical error in the previous report was corrected to confirm that both resolutions received the required majority. Shareholders voted overwhelmingly in favor, indicating strong consensus on these actions. The implications point to a stable governance structure and a proactive approach towards managing the IPO's objectives, which are crucial for investor confidence.