Megasoft's UK Subsidiary Completes Acquisition of Nasmyth Group Limited

1 min read     Updated on 31 Oct 2025, 09:25 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Megasoft Limited has finalized its acquisition of Nasmyth Group Limited, a UK-based company, through its subsidiary Sigma Advanced Systems UK LTD. The acquisition, involving a 100% shareholding, was completed on October 31, 2025, just days after the Share Purchase Agreement was signed. This move expands Megasoft's presence in the United Kingdom. The company has complied with regulatory requirements by disclosing the acquisition details to stock exchanges under SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Megasoft Limited has announced the successful completion of its acquisition of Nasmyth Group Limited, a UK-based company, through its wholly-owned subsidiary, Sigma Advanced Systems UK LTD. This strategic move represents a significant expansion of Megasoft's presence in the United Kingdom.

Acquisition Details

Aspect Details
Acquiring Entity Sigma Advanced Systems UK LTD (Megasoft's wholly-owned subsidiary)
Target Company Nasmyth Group Limited
Acquisition Type 100% shareholding
Location United Kingdom
Completion Date October 31, 2025

Timeline of Events

The acquisition process unfolded rapidly:

  • October 28, 2025: Megasoft disclosed the signing of the Share Purchase Agreement.
  • October 31, 2025: The company announced the completion of the acquisition, meeting all conditions precedent ahead of schedule.

Regulatory Compliance

Megasoft has adhered to regulatory requirements by promptly disclosing the acquisition details to the stock exchanges. The company filed its disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Market Implications

This acquisition marks a significant step for Megasoft in expanding its international footprint. By acquiring Nasmyth Group Limited, Megasoft gains full control over the UK-based company's operations and assets. This move could potentially enhance Megasoft's capabilities and market position in the UK and possibly in the broader European market.

While the financial terms of the deal have not been disclosed, the acquisition of a 100% stake suggests a substantial investment by Megasoft. Shareholders and market analysts will likely be keen to observe how this acquisition impacts Megasoft's financial performance and strategic direction in the coming quarters.

As the integration process begins, stakeholders will be watching closely to see how Megasoft leverages this acquisition to drive growth and create value for its shareholders.

Historical Stock Returns for Megasoft

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+19.67%+38.04%+229.45%+206.51%+3,259.94%
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Megasoft's UK Subsidiary Acquires Nasmyth Group for ₹213 Crore, Expanding Aerospace and Defence Footprint

1 min read     Updated on 28 Oct 2025, 07:40 AM
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Reviewed by
Riya DeyScanX News Team
Overview

Megasoft Limited's subsidiary, Sigma Advanced Systems UK Ltd, has agreed to acquire 100% of Nasmyth Group Ltd, a UK-based precision engineering firm, for ₹213 crore (£17.80 million) in cash. The acquisition, set to complete within four weeks, gives Megasoft a global platform in the aerospace and defence sector. Nasmyth Group, with facilities in the UK and India, has shown consistent revenue growth over the past three years. Megasoft's shares hit a 5% upper circuit following the announcement, closing at ₹185.43.

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*this image is generated using AI for illustrative purposes only.

Megasoft Limited , an Indian technology company, has made a significant move to expand its presence in the aerospace and defence sector. The company's wholly-owned subsidiary, Sigma Advanced Systems UK Ltd, has signed an agreement to acquire a 100% stake in Nasmyth Group Ltd, a UK-based precision engineering firm, for ₹213 crore (approximately £17.80 million) in cash.

Acquisition Details

The acquisition, announced on October 28, 2025, is expected to complete within four weeks, subject to certain conditions. This strategic move provides Megasoft with a global platform in the aerospace and defence sector, aligning with the company's strategy for inorganic growth.

About Nasmyth Group

Nasmyth Group, incorporated in England and Wales, specializes in complex precision engineering, manufacturing, and advanced metal treatments. The group operates multiple manufacturing facilities in the UK and one in India, serving marquee OEM customers in the aerospace and defence sectors.

Financial Performance

Nasmyth Group has shown consistent growth over the past three years:

Financial Year Ending Revenue (in GBP million)
April 2025 59.92
April 2024 54.03
April 2023 44.19

This acquisition is expected to enable Megasoft to rapidly scale up its operations in the aerospace and defence sector.

Market Response

The news of the acquisition has been well-received by the market. Megasoft's shares hit the 5% upper circuit, closing at ₹185.43. The stock has shown remarkable performance in 2025, surging over 110% year-to-date.

Regulatory Compliance

Megasoft has obtained the necessary approvals under the National Security and Investment Act, UK, for this acquisition. The company has also made the required disclosures to the stock exchanges in compliance with SEBI regulations.

This strategic move by Megasoft demonstrates the company's ambition to expand its footprint in the high-value aerospace and defence sector, potentially opening up new growth opportunities in the global market.

Historical Stock Returns for Megasoft

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+19.67%+38.04%+229.45%+206.51%+3,259.94%
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dislike
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