Sicagen India Ltd — Board Meeting, 12-08-2025: Board Meeting

Sicagen has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025, with a standalone net profit of 3.67 Cr and a consolidated net profit of 4.54 Cr. The company also greenlit a new HDPE barrel manufacturing unit under its Industrial Packaging Division, involving an estimated capital expenditure of 12 Cr, expected to be set up in 10-12 months with an annual capacity of 200,000 barrels. Additionally, the 21st Annual General Meeting will be held on September 30, with September 23 set as the record date for any dividend declared. Mr. Nandakumar Varma was re-appointed as Whole-Time Director, while Mrs. Devaki Muthiah Chardon and Mr. S Radhakrishnan resigned from the board.