Microcrystalline cellulose manufacturer Sigachi Industries has announced financial results for the fourth quarter of FY25. The Hyderabad-based firm has rewarded its investors with a final dividend. In an exchange filing, the company also said that its board has approved the acquisition of 1,07,17,162 equity shares of Trimax Bio Sciences Pvt Ltd following conversion of a Rs 37.22 crore advance/loan into equity. The indicative period for the completion of the acquisition is one year. After this acquisition, the company’s holding in Trimax Bio Sciences will increase to 84.59 per cent from the current 80 per cent.
Stock under Rs 100: Smallcap company declares Q4 results, dividend – Check amount and other details
