Sigachi Industries Limited — Proxy Solicitation & Information Statement 2023

Jan 25, 2023

==> picture [57 x 72] intentionally omitted <==

SIGACHI INDUSTRIES LIMITED

CIN: L24110TG1989PLC009497

AN EXCiPACT GMP, ISO 9001:2015 &FSSC 22000 CERTIFIED COMPANY

www.sigachi.com

==> picture [74 x 53] intentionally omitted <==

s

==> picture [78 x 10] intentionally omitted <==

To,

Date: 25.01.2023

The Manager The Manager BSE Limited National Stock Exchange of India Limited P.J. Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex, Mumbai- 400001 Bandra (E), Mumbai- 400051 (BSE Scrip Code: 543389) (NSE Symbol: SIGACHI)

Dear Sir/Madam,

Subject: 2nd CORRIGENDUM IN CONTINUATION TO THE 1ST CORRIGENDUM DATED 19.01.2023 TO NOTICE AND EXPLANATORY STATEMENT ATTACHED THERETO DATED 10.01.2023 CONVENING THE 3rd EXTRA ORDINARY GENERAL MEETING FOR FY 2022-23 OF SIGACHI INDUSTRIES LIMITED TO BE HELD ON SATURDAY, 04.02.2023 AT 11:00 A.M.

Ref: Notice of the 3rd Extra-Ordinary General Meeting for FY 2022-23, to be held on Saturday, 4[th] February 2023

Unit: Sigachi Industries Limited

With reference to the subject cited and pursuant to Regulation 30 (read with Part A of Schedule III) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform the Exchanges that the Company has issued a 2[nd] corrigendum in continuation to 1[st] corrigendum dated 19.01.2023 to the Notice & Explanatory Statement attached thereto dated 10.01.2023 convening the 3[rd] EGM for FY 2022-23 on 4[th] February 2023 at 11:00 AM through video conferencing.

The corrigendum has been circulated to the shareholders and is enclosed herewith for your reference.

This is for the information and records of the Exchanges, please.

Thanking you.

Yours sincerely,

For Sigachi Industries Limited

SHREYA

MITRA

Digitally signed by SHREYA MITRA Date: 2023.01.25 21:14:26 +05'30'

Shreya Mitra

Company Secretary and Compliance Officer Encl: as above

Registered Office: #229/1 & 90, 2nd Floor, Kalyan’s Tulsiram Chambers, Madinaguda, Hyderabad-49, Telangana State, India. Email: info@sigachi.com, Customer Service +91 40 40114874 - 76

==> picture [57 x 72] intentionally omitted <==

INDUSTRIES LIMITED

CIN: L24110TG1989PLC009497

AN EXCiPACT GMP, ISO 9001:2015 &FSSC 22000 CERTIFIED COMPANY

www.sigachi.com

==> picture [74 x 53] intentionally omitted <==

s

Dear Shareholder,

• Sub: 2[nd] CORRIGENDUM IN CONTINUATION TO THE 1[ST] CORRIGENDUM DATED 19.01.2023, NOTICE AND EXPLANATORY STATEMENT ATTACHED THERETO DATED 10.01.2023 CONVENING THE 3[rd] EXTRA ORDINARY GENERAL MEETING FOR FY 2022-23 OF SIGACHI INDUSTRIES LIMITED TO BE HELD ON SATURDAY, 04.02.2023 AT 11:00 A.M.

The Company vide Notice dated 10.01.2023 scheduled the Extra Ordinary General Meeting on Saturday, 04.02.2023 at 11:00 A.M. through video conferencing and other audio - visual means. Pursuant to the advice of National Stock Exchange of India Limited (NSE) and BSE Limited (BSE), 1[st] Corrigendum was issued, in continuation to the Notice and Explanatory Statement annexed thereto dated 10.01.2023, which was mailed to all the shareholders and uploaded on the Websites of the Company, National Stock Exchange of India Limited and BSE Limited on 19.01.2023.

NSE has vide letter dated 23.01.2023 further advised the Company to provide timeline for utilization of issue proceeds deployed for working capital requirement & issue a corrigendum for the same.

The tentative timelines for utilization of issue proceeds from the date of receipt of funds, in respect of sl.no.4 - Working Capital and sl.no. 5 - General Corporate Purposes, in item no. 2 (A) (I) under the Caption “I. Objects of the preferential issue/particulars of the offer:” in the Table at pg.2 of the 1[st] Corrigendum are furnished as hereunder.

Item No. 2 A (I):

“I. Objects of the preferential issue/particulars of the offer:

Sl. No	Object of the issue for which funds are proposed to be raised	Amount of funds to be utilized against each object (Rs.in Crores)	Tentative timelines for utilization of issue proceeds from the date of receipt of funds
4	Working Capital	30.00	2 years
5.	General Corporate Purposes	25.00	2 years

All the other contents in the explanatory statement of the EGM Notice and1[st] Corrigendum will remain the same.

For Sigachi Industries Limited

Sd/Date: 25.01.2023 Shreya Mitra Place: Hyderabad Company Secretary and Compliance Officer

Registered Office:

229/1 & 90, 2nd Floor, Kalyan’s Tulsiram Chambers, Madinaguda, Hyderabad-49, Telangana State, India.

Email: cs@sigachi.com, Customer Service +91 40 40114874 - 76