Sigachi Industries Shares in focus As Company Fixes Record Date for Dividend

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

Share Market News: Sigachi Industries Shares in focus As Company Fixes Record Date for Dividend
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Pharma company Sigachi Industries shares are in focus today as the company fixed August 28, 2024 as the record date for final dividend. The firm has 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 shallremain 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.

(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)


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