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Sigachi Industries Signs MoU with Indian Navy to Promote Healthy Living

Written by: Kusum KumariUpdated on: Mar 13, 2025, 9:53 AM IST
Sigachi Industries and INS Kalinga signed an MoU to launch the Vizag Navy Marathon Promo cum Conditioning Programme, promoting fitness through monthly events.
Sigachi Industries Signs MoU with Indian Navy to Promote Healthy Living
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Sigachi Industries Limited has signed a Memorandum of Understanding (MoU) with the Indian Navy’s INS Kalinga to promote health and fitness through the “Vizag Navy Marathon Promo cum Conditioning Programme.” The agreement was formalised on March 10, 2025, in a ceremony attended by Amit Raj Sinha, Managing Director & CEO of Sigachi Industries, and Cmde SP Patel, Commanding Officer of INS Kalinga.

About the Programme

  • The “Vizag Navy Marathon Promo cum Conditioning Programme” will take place on the second Sunday of each month from March 2025 to October 2025.
  • It will include fitness activities, training sessions, and community engagement events to encourage a healthier lifestyle.
  • This initiative reflects a long-term commitment to wellness, empowering individuals to adopt better health practices.
  • Sigachi Industries aims to promote social responsibility and align with its mission of advancing health and well-being.

Leadership Comments

Amit Raj Sinha, MD & CEO of Sigachi Industries, expressed excitement about the collaboration, stating: “We are delighted to partner with INS Kalinga to promote fitness in Vizag. This programme will not only encourage healthy living but also bring the community together to create a healthier and happier world.”

Cmde SP Patel, Commanding Officer of INS Kalinga, highlighted the programme’s impact, saying:
“This initiative goes beyond fitness—it fosters teamwork, resilience, and a commitment to long-term health within the local community.”

About Sigachi Industries Ltd

Sigachi Industries Limited is a leading global player in the pharmaceutical industry, specializing in Active Pharmaceutical Ingredients (APIs), Intermediates, Excipients, and Vitamin-Mineral Blends. The company also provides Operations and Management (O&M) services.

As of March 13, 2025, Sigachi Industries share price is trading at ₹37.89, unchanged for the day. The stock opened at ₹38.09, reaching a high of ₹38.74 and a low of ₹37.55. The company has a market capitalisation of ₹1,260 crore, a P/E ratio of 21.34, and a dividend yield of 0.26%. Its 52-week high stands at ₹75.50, while the 52-week low is ₹34.00.

Conclusion

Through this collaboration, Sigachi Industries and INS Kalinga are fostering a culture of health and well-being, encouraging the community to embrace a more active and healthier lifestyle.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 13, 2025, 9:53 AM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

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