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Three companies. Three distinct resolutions. All taken down in just one week!
The last week of September 2026 brought an unusual set of shareholder votes. 🔹 Sigachi Industries: A 10% dividend (Re 0.10 per share) was rejected, with 99.66% of votes cast against. The promoter group (36.69%) voted 100% against, while public institutions voted 100% in favour. This came two weeks after the same promoter group voted against both resolutions at the company’s EGM: an increase in authorised capital and a ₹290.40 crore preferential issue of warrants. Shareholder

Sandeep Lakhotia
Oct 82 min read
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News Letter: Blog2
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