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

Shares of pharma company Cigachi Industries are in focus today as the company has set a record date of August 28, 2024 for the final dividend. The firm has declared a dividend of Rs 0.10 per share.

“…the record date/cut off date is 28.08.2024 and for the purpose of dividend and 35th annual general meeting the company's membership register and share transfer books will remain closed from 29.08.2024 to 04.09.2024 (both days inclusive), the company said in an exchange filing.

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

The joint venture between Sigachi MENA FZCO, Sigachi Industries Limited and iConsult Trading Consultancy LLC, a wholly-owned subsidiary of iMass Investments, will help the company enter the UAE's food and pharma market.

According to an exchange filing, Sigachi Global is projected to generate $54 million in revenue by 2029.
Pharmaceutical industry company Sigachi Industries has announced the inclusion 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 a qualified financial advisor before making any investment decisions.)