<SEC-DOCUMENT>0001185185-23-000670.txt : 20230628
<SEC-HEADER>0001185185-23-000670.hdr.sgml : 20230628
<ACCEPTANCE-DATETIME>20230628134658
ACCESSION NUMBER:		0001185185-23-000670
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230331
FILED AS OF DATE:		20230628
DATE AS OF CHANGE:		20230628

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Moran James P
		CENTRAL INDEX KEY:			0001907094

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32830
		FILM NUMBER:		231051154

	MAIL ADDRESS:	
		STREET 1:		914 SPRING HILL ROAD
		CITY:			MCLEAN
		STATE:			VA
		ZIP:			22102

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IGC Pharma, Inc.
		CENTRAL INDEX KEY:			0001326205
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				202760393
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		10224 FALLS ROAD
		CITY:			POTOMAC
		STATE:			MD
		ZIP:			20854
		BUSINESS PHONE:		301-983-0998

	MAIL ADDRESS:	
		STREET 1:		10224 FALLS ROAD
		CITY:			POTOMAC
		STATE:			MD
		ZIP:			20854

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	India Globalization Capital, Inc.
		DATE OF NAME CHANGE:	20050505
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>ownership.xml
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    <periodOfReport>2023-03-31</periodOfReport>

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        <issuerName>IGC Pharma, Inc.</issuerName>
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            <rptOwnerState>MD</rptOwnerState>
            <rptOwnerZipCode>20854</rptOwnerZipCode>
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            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
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    <footnotes>
        <footnote id="F1">Represents 150,000 restricted shares of IGC common stock subject to vesting equally over three years starting on January 18, 2022, and then on March 31, 2023, and 2024, as per the RSU Agreement with Director Moran.</footnote>
        <footnote id="F2">On May 25, 2022, the Reporting Person was granted RSUs subject to vesting equally over three years starting on March 31, 2023.</footnote>
        <footnote id="F3">On June 20, 2023, the Reporting Person was granted RSUs subject to vesting equally over three years starting on March 31, 2024.</footnote>
        <footnote id="F4">On June 20, 2023, the Reporting Person was granted RSUs subject to vesting according to specific milestones set by the Company's Board of Directors. The RSUs vest when milestones are achieved.</footnote>
        <footnote id="F5">Each restricted stock unit represents a right to receive one share of IGC common stock.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ James P Moran</signatureName>
        <signatureDate>2023-06-27</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
