Sigachi Industries Limited has informed the Exchange regarding Board meeting held on July 07, 2025.
SIGACHI · price
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Sigachi Industries' board, at its meeting on July 07, 2025, approved the appointment of Mr. Lijo Stephen Chacko as Deputy Group Chief Executive Officer (Dy. Group CEO) effective the same day. Mr. Lijo Stephen Chacko is currently the CEO – Middle East & Africa at Sigachi, and is being elevated to a group-level leadership role. He has a diverse background spanning defence, industrial manufacturing, and the development sector, and holds qualifications from Yale University, JBIMS, the Naval College of Engineering, and the Himalayan Mountaineering Institute. The board confirmed he is not related to any existing director. The meeting lasted from 12:30 PM to 1:10 PM.
This is an internal leadership promotion that strengthens the senior management team with a globally experienced executive. For shareholders, it signals continuity and organizational growth rather than any disruption.