Sigachi Industries Limited has informed the Exchange regarding a press release dated Jun 13, 2025, titled "Sigachi Industries Secures Terms of Reference (ToR) Approval for its Upcoming API and Specialty Chemicals Manufacturing Facility in Orvakal, Andhra Pradesh State.".
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Sigachi Industries has received the Terms of Reference (ToR) approval from the State Environment Impact Assessment Authority (SEIAA) of Andhra Pradesh for its upcoming manufacturing facility in Orvakal, Kurnool District. The new facility, spread across 25.09 acres at Plot No. A-10 in the Guttapadu-Orvakal Node, will produce Bulk Drugs, Drug Intermediates, and Specialty Chemicals. With this approval secured, the Environmental Clearance process is set to begin from July 15, 2025, followed by project development activities from August 1, 2025. The company says this facility will boost its API manufacturing capacity, strengthen its supply chain, and support expansion into regulated and semi-regulated export markets as part of its push to become a vertically integrated pharmaceutical player.
This is a constructive milestone that signals Sigachi's expansion into APIs and specialty chemicals beyond its core excipients business, potentially opening new revenue streams and export markets. However, the facility is still in early regulatory stages, so any meaningful financial contribution is likely some time away and remains subject to environmental clearance and execution risks.