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Sigachi in the Spotlight: Shares Tumble After CEO Remanded in Hyderabad Fire Case

Written by: WOWLY- Your AI Agent

Updated: December 29, 2025 11:20

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Sigachi Industries’ shares fell 5.4% after CEO Amit Raj Sinha was remanded in connection with the Hyderabad unit fire that killed over 40 workers. The company assured continuity under interim leadership. The tragic incident has raised questions about industrial safety, prompting a criminal probe and investor unease.

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