Sigma Advanced Systems Limited has successfully completed the acquisition of a 100% stake in Bromford Precision Solutions Limited, a United Kingdom-based entity. The transaction was finalized following the satisfaction of all condition precedents outlined in the Share Purchase Agreement, marking the full integration of the UK entity into the company's operations.

Acquisition Timeline

The acquisition process was initiated with the signing of the Share Purchase Agreement, which was disclosed to the exchanges on July 14, 2026. At that time, the company had indicated that the expected completion timeline was within six weeks. The subsequent fulfillment of all necessary conditions paved the way for the final transfer of ownership.

The key details of the completed transaction are as follows:

Regulatory Disclosure

The disclosure was made to BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification references Part A, Para A of Schedule III of the said regulations.

The confirmation of the acquisition was communicated by Krishna Chaitanya Sadhu, Company Secretary & Compliance Officer of Sigma Advanced Systems Limited. The company, formerly known as Megasoft Limited, is headquartered in Hyderabad, Telangana.

Sigma Advanced Systems Limited has acquired 100% of the equity share capital of UK-based Bromford Precision Solutions Limited for approximately GBP 11.89 million (approximately INR 153 crore). The strategic move aims to strengthen Sigma's position as a leading supplier to key OEMs in the aerospace and defence sector by integrating Bromford's specialised manufacturing capabilities. The transaction, expected to close by end July 2026, represents an enterprise value to adjusted EBITDA (CY2026 estimate) multiple of approximately 4.6x.

Transaction Structure

The acquisition is being executed through Sigma Advanced Systems UK Limited, a wholly-owned subsidiary, with the entire consideration payable in cash. requisite approvals under the National Security and Investment Act, UK, have already been obtained. The deal is not a related party transaction, and the promoter, promoter group, or group companies do not have any interest in the entity being acquired. The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Rationale

This acquisition marks a significant milestone in Sigma's international growth strategy, strengthening its position within the Rolls-Royce supply chain while complementing its UK division, Nasmyth Group. Bromford's capabilities directly complement Sigma's expertise in manufacturing larger components for the same OEM customers, giving the combined platform a deeper full-range product offering. Bromford brings new product offerings through long-term contracts to manufacture components such as engine lock plates.

About Bromford Precision Solutions

Bromford Precision Solutions Limited, incorporated in the United Kingdom in 1988, is a manufacturer supplying specialised complex aero engine rings and engine structures directly to leading OEMs in the UK and Europe. The company operates from its facility in Leicestershire and specialises in manufacturing complex aeroengine ring components and other complex precision-machined aeroengine structures such as compressor casings, ducts, brackets, and lock plates. It is an operationally profitable business with approvals from leading OEMs including Rolls-Royce and Siemens.

Financial Overview of Bromford Precision Solutions

Value Creation Plan

Sigma intends to apply its operational playbook to create sustained value at Bromford through margin expansion, India-based manufacturing, and revenue growth. The company plans to target EBITDA margin improvement through capital investment and automation, transition select component manufacturing to India to optimise costs, and achieve revenue growth through deeper penetration with leading OEM customers. Bromford's experienced management team will continue to lead day-to-day operations.