This pharma company fixes record date for final dividend

Pharma company Sigachi Industries has informed exchanges that the company has fixed August 28, 2024 as the record date for the purpose of final dividend announced by the company. The company has already announced a dividend of Re 0.10 per share. 

"...the record date/cut off date is 28.08.2024 and Register of Members and Share Transfer Books of the Company shall
remain closed from 29.08.2024 to 04.09.2024 (both days inclusive) for the purpose of Dividend and 35th Annual General Meeting," the company said in an exchange filing.  

Earlier, the pharmaceutical company announced the incorporation of a joint venture (JV) with iMass Investments as it looks to expand its global footprint. 

The joint venture between Sigachi MENA FZCO, a wholly owned subsidiary of Sigachi Industries Limited and iConsult Trading Consultancy LLC, a wholly owned subsidiary of iMass Investments will help the company to enter the food and pharma market of the UAE.

According to the exchange filing, Sigachi Global is estimated to have revenues of $54 Million by 2029.

Pharmaceutical industry company Sigachi Industries has announced the incorporation of a joint venture (JV) with Saudi National Projects Investment Limited (SNP) as it looks to expand its global footprint.