Sigachi Industries Limited informed that based on recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company vide Circular Resolution dated 30th November, 2024 has approved the appointment of Mr. Janardhana Reddy Yeddula (DIN: 03207357) as an Additional Director (Non-Executive, Independent) on the Board with effect from 30th November, 2024 and to hold office as such upto next upcoming Annual General Meeting of the Company. Mr. Janardhana Reddy Yeddula is a FCMA from Institute of Cost Accountants of India, Kolkata. He has completed his B.Com from Sir Venkateswara University, Tirupati.

AP. He has established and proven track record in Finance Leadership, end to end expertise in various facets of finance function, built over 40 years of experience in industry segments such as Bulk drug, Formulations, Energy Conductors, Cement, Fertilizers, Agro chemicals, Real Estate and infrastructure. In accordance with the circular dated June 20, 2018 issued by the exchanges, it is confirmed that Mr. Janardhana Reddy Yeddula is not debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India or any such authority.

Further in continuation of earlier intimation dated November 25, 2024, board has taken note and accepted resignation of Mr. Sarweswara Reddy Sanivarapu as Chairperson of Board and Independent Director of the Company by passing circular resolution dated 30th November, 2024. The board has also reconstituted committees due to appointment and resignation of above directors. The details of re-constitution of Committees are mentioned below: Audit Committee: Mr. Janardhana Reddy Yeddula - Chairperson, Ms. Dhanalakshmi Guntaka and Mr. Amit Raj Sinha.

Nomination and Remuneration Committee: Ms. Bindu Vinodhan- Chairperson, Mr. Janardhana Reddy Yeddula and Ms. Dhanalakshmi Guntaka. Stakeholders Relationship Committee: Mr. Janardhana Reddy Yeddula - Chairperson, Mr. Amit Raj Sinha and Ms. Bindu Vinodhan. Risk Management Committee: Mr. Amit Raj Sinha- Chairperson, Mr. Janardhana Reddy Yeddula and Mr. Oruganti Subbarami Reddy.

Corporate Social Responsibility Committee: Mr. Rabindra Prasad Sinha- Chairperson, Mr. Chidambaranathan Shanmuganathan, Mr. Janardhana Reddy Yeddula and Mr. Amit Raj Sinha.