NSEUpdates13 Oct 2026 · 13 Oct 2026, 03:18 pm
Updates
Sikko Industries Limited · SIKKO
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Sikko Industries Limited has entered into a three-year Memorandum of Understanding (MOU) with Operation Wealth Creation (OWC), a Presidential initiative of the Government of Uganda, to supply Organic Fertilizer Granules (Bio NPK) for OWC programmes in Uganda.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Sikko Industries Limited has informed the Exchange regarding 'Memorandum of Understanding for Three Year Organic Fertilizer Supply ' to Operation Wealth Creation (OWC), a Presidential initiative of the Government of Uganda
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SIKKO_13102026151753_Receipt_of_Order.pdf
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SIKKO INDUSTRIES LIMITED
CIN: L35105GJ2000PLC037329
Regd. Off: 508 Iscon Elegance, Nr. Jain Temple, Nr. Prahladnagar Pick up Stand,
Vejalpur, Ahmedabad – 380 051; Telephone: +91 79- 66168950/66168951
Website: www.sikkoindia.com, E-mail: compliance@sikkoindia.com
Date: October 13, 2026
Listing Compliance Department
National Stock Exchange of India Limited
Exchange Plaza, Bandra Kurla Complex
Bandra East, Mumbai – 400051
Dear Sir/Ma’am,
Sub: Memorandum of Understanding for Three Year Organic Fertilizer Supply - Intimation under
Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
– Change in Name of Secretarial Auditor
Ref: SIKKO INDUSTRIES LIMITED (SYMBOL: SIKKO)
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, we wish to inform you that the Company has entered into Memorandum of Understanding (MOU)
with Operation Wealth Creation (OWC), a Presidential initiative of the Government of Uganda, to supply
Organic Fertilizer Granules (Bio NPK) for OWC programmes in Uganda.
The Parties intend a three-year programme for Sikko industries Limited to supply Organic Fertilizer
Granules (Bio NPK) for OWC programmes in Uganda, at an initial quantity of 50,000 Metric Tonnes (MT)
at USD 138.96 per MT. That rate is firm for Supply Year 1. Years 2 and 3 are subject to the documented,
two-way annual price review and the approvals and ordering process as may agreed.
The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master
Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed
herewith as Annexure.
This is for your information and record.
Thanking you,
Yours faithfully,
For, Sikko Industries Limited
Dhruvitkumar Pareshbhai Mandliya
Company Secretary and Compliance Officer
Membership No. ACS 66920
Encl.: As Above
SIKKO INDUSTRIES LIMITED
CIN: L35105GJ2000PLC037329
Regd. Off: 508 Iscon Elegance, Nr. Jain Temple, Nr. Prahladnagar Pick up Stand,
Vejalpur, Ahmedabad – 380 051; Telephone: +91 79- 66168950/66168951
Website: www.sikkoindia.com, E-mail: compliance@sikkoindia.com
Annexure
Disclosure of information pursuant to Regulation 30 of the SEBI Listing Regulations read with
SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30,
2026:
Sr. Particulars Description
1 Name of the entity awarding the Operation Wealth Creation (OWC), a Presidential
order(s)/contract(s) initiative of the Government of Uganda
2 Significant terms and conditions Supply of Organic Fertilizer Granules (Bio NPK) for OWC
of order(s)/contract(s) awarded programmes in Uganda.
in brief
The payment structure contemplated is 50% advance
before production and 50% by irrevocable letter of credit
at sight against the bill of lading. The contemplated 50%
advance and 50% irrevocable sight letter of credit shall
operate only if expressly approved in an annual supply
contract.
3 Whether order(s)/contract(s) international entity
have been awarded by domestic /
international entity
4 Whether domestic or international
international
5 Nature of order(s)/contract(s) One Time
6 Time period by which the The Contract shall be for a period of 3 (Three) Years from
order(s)/contract(s) is to be the date of execution.
executed
7 Broad consideration or size of Supply year Quantity MT Value at Year 1
the order(s)/contract(s) rate for
planning
Year 1 50,000 USD
6,948,000.00
firm rate
Year 2 55,000 USD
7,642,800.00
indicative
Year 3 60,500 U5D
8,407,080.00
indicative
Three-year total 1,65,500 USD
22,997,880.00
indicative
8 Whether the promoter/ No
promoter group / group
companies have any interest in
the entity that awarded the
order(s)/contract(s)? If yes,
nature of interest and details
thereof
9 Whether the order(s)/contract(s) No
would fall within related party
transactions ? If yes, whether
the same is done at “arm’s
length”