{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-26-002808","form_type":"8-K","ticker":"IGC","cik":"0001326205","company_name":"IGC Pharma, Inc.","filed_at":"2026-07-06T20:02:00+00:00","discovered_at":"2026-07-06T20:03:00.304822+00:00","generated_at":"2026-07-06T20:03:10.238312+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"IGC Pharma issues 4.27M shares to CEO and PFO to cancel $1.15M in debt","bullets":["CEO Ram Mukunda receives 2,226,475 shares for cancellation of $601,148 owed, including $283,639 in cash advances.","VP/PFO Claudia Grimaldi receives 2,048,378 shares for cancellation of $553,062 owed, including $268,723 in cash advances.","Total debt reduction of $1,154,210; no cash paid by the Company; equity increases by same amount.","Shares issued at $0.27 per share; transaction approved by independent directors and Audit Committee under Rule 16b-3.","Shares are restricted, unregistered, and issued under Section 4(a)(2) exemption; resale subject to securities laws."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-26-002808","json":"https://secwatch.observer/filing/0001185185-26-002808.json","markdown":"https://secwatch.observer/filing/0001185185-26-002808.md","text":"https://secwatch.observer/filing/0001185185-26-002808.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1326205/000118518526002808/0001185185-26-002808-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1326205/000118518526002808/igc8k070626.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-06T20:03:10.238312+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}