Sigachi Industries MD & CEO Remanded Over Hyderabad Fire Incident
Sigachi Industries Limited announced that its Managing Director & CEO, Mr. Amit Raj Sinha, was remanded on December 27, 2025. This action is in connection with an ongoing investigation into a fire inc...
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Why is Sigachi Industries Limited in the news today?
Sigachi Industries Limited (SIGACHI) is in the news due to the remand of the managing director & ceo and the ongoing investigation into a fire incident are negative developments for the company.
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Sigachi Industries MD & CEO Remanded Over Hyderabad Fire Incident
December 28, 2025, 09:28 AM
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Sigachi Industries Limited announced that its Managing Director & CEO, Mr. Amit Raj Sinha, was remanded on December 27, 2025. This action is in connection with an ongoing investigation into a fire incident that occurred at the company's Hyderabad Unit in Pashamylaram on June 30, 2025.
The company has stated that it has implemented all necessary measures to ensure the continuity of its operations and daily activities. In the interim, Mr. Lijo Stephen Chacko, Deputy Group CEO, will be responsible for overseeing the company's operations.
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