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SIGACHI — Sigachi Industries News Story

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Refile: BUZZ-India's Sigachi Industries rises on fund raise approval

REFILE-BUZZ-India's Sigachi Industries rises on fund raise approval

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** Shares of Sigachi Industries SIGC.NS rise 3.2% to 31 rupees

** Pharma co approves issue of 110 mln warrants at 26.40 rupees each to its promoters

** Post allotment, promoters will hold 43.73% stake and public will hold 56.27%

** About 4 mln shares traded, 2.4x their 30-day moving avg

** SIGC nearly flat on YTD basis


(Reporting by Anuran Sadhu in Bengaluru)

((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))

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