Megasoft Limited Rebrands as Sigma Advanced Systems Limited with New Trading Symbol SIGMAADV

1 min read     Updated on 04 Feb 2026, 09:26 PM
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Reviewed by
Radhika SScanX News Team
Overview

Megasoft Limited has successfully rebranded as Sigma Advanced Systems Limited, with the new identity taking effect February 9, 2026. The company received regulatory approval from the Ministry of Corporate Affairs on January 12, 2026, followed by stock exchange approvals from BSE and NSE on February 3, 2026. The new trading symbol SIGMAADV will replace MEGASOFT across both exchanges, while maintaining the same BSE scrip code 532408.

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Megasoft Limited has completed its corporate rebranding to Sigma Advanced Systems Limited, marking a significant milestone in the company's evolution. The transformation includes both a new corporate identity and updated trading symbols across major Indian stock exchanges.

Regulatory Approvals and Timeline

The company secured essential regulatory clearances for the name change through a systematic approval process. The Ministry of Corporate Affairs granted approval through its Central Processing Center, issuing a fresh Certificate of Incorporation dated January 12, 2026. Subsequently, both major stock exchanges provided their consent on February 3, 2026.

Approval Authority: Date Status
Ministry of Corporate Affairs: January 12, 2026 Certificate of Incorporation issued
BSE Limited: February 3, 2026 Name and symbol change approved
National Stock Exchange: February 3, 2026 Name and symbol change approved
Effective Date: February 9, 2026 New identity becomes active

Trading Symbol Transition

The stock exchanges will implement the new trading identity effective February 9, 2026. The company will trade under the symbol SIGMAADV, replacing its previous MEGASOFT designation across both BSE and NSE platforms.

Exchange Details: Previous New
Company Name: Megasoft Limited Sigma Advanced Systems Limited
BSE Scrip Code: 532408 532408 (unchanged)
NSE Symbol: MEGASOFT SIGMAADV
Trading System ID: MEGASOFT SIGMAADV

Corporate Structure and Operations

Sigma Advanced Systems Limited operates under CIN L24100TN1999PLC042730, maintaining its established corporate registration framework. The company's operational headquarters remain at Hardware Park in Hyderabad, while its registered office continues in Chennai.

Key Corporate Details:

  • Operational Address: Survey No 1/1, Plot No 24/A, Hardware Park, Hyderabad
  • Registered Office: No.43/1, Prestige Palladium, 8th Floor, Chennai
  • Company Secretary: Thakur Vishal Singh
  • Website: www.sigmaadvsys.com

Compliance and Disclosure

The company fulfilled its disclosure obligations under Regulation 30 and 45 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Company Secretary Thakur Vishal Singh communicated the changes to both stock exchanges, ensuring transparent information flow to stakeholders and trading members.

The rebranding reflects the company's strategic positioning in advanced technology systems, as indicated by its new corporate identity. All existing shareholding patterns, corporate governance structures, and operational frameworks remain unchanged during this transition period.

Historical Stock Returns for Megasoft

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+7.26%-12.88%+55.75%+135.68%+1,851.68%

Sigma Advanced Systems Limited Reports Acquisition Disclosure Following Amalgamation with Megasoft Limited

1 min read     Updated on 23 Jan 2026, 01:03 PM
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Reviewed by
Shriram SScanX News Team
Overview

Sigma Advanced Systems Limited disclosed Yash Dubey's acquisition of 47,716 shares (0.0271% stake) following the scheme of amalgamation with Megasoft Limited. The transaction, effective January 16, 2026, is exempt from open offer requirements under SEBI Regulation 10(1)(d)(ii) for amalgamation-related acquisitions. The acquirer's shareholding increased from nil to 0.0271% of the company's diluted share capital.

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Sigma Advanced Systems Limited has disclosed details of a share acquisition by Yash Dubey following the completion of its scheme of amalgamation with Megasoft Limited. The disclosure was made under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The acquisition occurred as a result of the scheme of amalgamation between Megasoft Limited and Sigma Advanced Systems Limited becoming effective. Under this arrangement, equity shareholders of Sigma Advanced Systems Private Limited were allotted equity shares according to the predetermined share exchange ratio.

Parameter: Details
Acquirer: Yash Dubey
Target Company: Sigma Advanced Systems Limited
Transaction Date: January 16, 2026
Shares Acquired: 47,716
Percentage of Capital: 0.0271%

Regulatory Framework

The acquisition is exempt from making an open offer under Regulation 10(1)(d)(ii) of SEBI Takeover Regulations, which covers acquisitions pursuant to a scheme of amalgamation. The company confirmed that no prior disclosure under Regulation 10(5) was required for this transaction.

Sigma Advanced Systems Limited's shares are listed on both BSE Limited and National Stock Exchange of India Limited, making this disclosure applicable across both exchanges.

Shareholding Changes

The transaction resulted in a change in shareholding pattern for the acquirer:

Shareholding Status: Pre-Transaction Post-Transaction
Number of Shares: Nil 47,716
Percentage Holding: 0.00% 0.0271%

The acquirer, Yash Dubey, held no shares in Sigma Advanced Systems Limited prior to this transaction. Following the completion of the amalgamation scheme, the shareholding increased to 47,716 shares, representing 0.0271% of the company's total diluted share capital.

Compliance and Documentation

The disclosure has been filed in accordance with the exemption provisions under SEBI regulations for acquisitions through amalgamation schemes. The company has fulfilled its regulatory obligations by providing comprehensive details of the transaction, including the rationale, shareholding changes, and relevant regulatory framework governing the acquisition.

Historical Stock Returns for Megasoft

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+7.26%-12.88%+55.75%+135.68%+1,851.68%

More News on Megasoft

1 Year Returns:+135.68%