Sigachi Q1 Results Date 2024, This is to inform that the meeting of the Board of Directors of the Company which was scheduled to be held on Wednesday, August 2nd, 2023 at 12:00 Noon through Video Conferencing is postponed to Thursday, 10th August 2023 at 12:00 Noon to consider and approve inter alia the following:
- Sub-division of equity shares of the Company of face Value of Rs.10/- each pursuant to the
provisions of Section 61 (1)(d) of Companies Act, 2013. - Standalone and Consolidated Unaudited Financial Results for the First Quarter ended
30.06.2023. - Allotment of Convertible warrants to promoters and non-promoters as approved earlier by the
members of the Company and in terms of In-principle approval accorded by the Exchanges. - Any other Business with the permission of the Chair.
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Sigachi Industries Overview
Sigachi Industries is an Indian company that specializes in manufacturing and supplying various specialty chemicals and excipients for various industries. The company is based in Bengaluru (Bangalore), Karnataka, India.
Sigachi Industries provides a wide range of products, including but not limited to:
- Microcrystalline cellulose (MCC): Used as a filler, binder, and disintegrant in pharmaceutical formulations.
- Croscarmellose sodium: A super-disintegrant used in pharmaceutical tablets and capsules to aid in drug dissolution.
- Sodium starch glycolate: Another type of disintegrant used in pharmaceutical formulations.
- Pregelatinized starch: Used as a filler and binder in the pharmaceutical and food industries.
- Carboxymethyl starch: Used in various applications, including as a binder, film-former, and thickener.
- Sodium carboxymethyl cellulose (CMC): A versatile chemical used in several industries, including pharmaceuticals, food, and personal care.
Sigachi Industries Pros And Cons
Sigachi Industries is a well-established and respected company in the pharmaceutical, nutraceutical, and food ingredients industries. It is a leader in the field of microcrystalline cellulose and has a strong commitment to quality and safety. The company is a good choice for businesses that are looking for reliable and high-quality excipients, nutraceuticals, and food ingredients.
Here are some of the pros and cons of Sigachi Industries:
Pros:
- Strong reputation for quality and safety
- Wide range of products
- Global reach
- Commitment to innovation
Cons:
- Some products are more expensive than competitors
- Company culture could be improved
- Some customer service issues have been reported
Overall, Sigachi Industries is a good company with a strong track record. It is a reliable source of pharmaceutical excipients, nutraceuticals, and food ingredients. However, there are some areas where the company could improve, such as its company culture and customer service.