Sigma Solve Limited Announces Board Reshuffle and Committee Reconstitution

1 min read     Updated on 22 Jul 2025, 06:43 PM
scanxBy ScanX News Team
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Overview

Sigma Solve Limited (NSE: SIGMA, BSE: 543917) has made significant changes to its board of directors and key committees. Mr. Bharatkumar Himmatbhai Shah resigned as Additional Independent Director, citing personal reasons. Mr. Pratik Nareshkumar Shah, 46, was appointed as a new Additional Independent Director. The company reconstituted its Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee. These changes were approved in a board meeting held on July 22, 2025.

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

Sigma Solve Limited , a company listed on the National Stock Exchange (NSE: SIGMA) and BSE (Scrip Code: 543917), has announced significant changes to its board of directors and key committees, effective July 22, 2025.

Board Changes

The company reported the resignation of Mr. Bharatkumar Himmatbhai Shah from his position as Additional Independent Director. Mr. Shah, who had been associated with the company since July 30, 2025, cited preoccupation with other work and personal reasons for his departure.

Simultaneously, Sigma Solve appointed Mr. Pratik Nareshkumar Shah as a new Additional Independent Director. Aged 46, Mr. Pratik Shah brings extensive experience in business management to the board. The company stated that this appointment aims to "strengthen the efficiency of the Board and take advantage of his experience."

Committee Reconstitution

Following these changes, Sigma Solve has reconstituted its key committees:

Audit Committee

Name Category Status
Pratik Shah Independent Director Chairman
Aditya Patel Independent Director Member
Nitin Patel Independent Director Member

Nomination & Remuneration Committee

Name Category Status
Sharmil Gandhi Independent Director Chairman
Aditya Patel Independent Director Member
Siddhraj Gohil Independent Director Member

Stakeholders Relationship Committee

Name Category Status
Aditya Patel Independent Director Chairman
Pratik Shah Independent Director Member
Nitin Patel Independent Director Member

Board Meeting Details

The board meeting where these decisions were made was held on July 22, 2025, from 5:00 p.m. to 5:55 p.m. IST. The company has duly informed the stock exchanges of these changes in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sigma Solve Limited, headquartered in Ahmedabad, continues to adapt its leadership structure to meet evolving business needs and regulatory requirements. These changes reflect the company's commitment to maintaining strong corporate governance practices.

Historical Stock Returns for Sigma Solve

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-0.81%+0.82%+1.22%+26.36%-5.96%+23.09%
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Sigma Solve's Q4 Results Show Significant Growth in EBITDA and Net Profit

1 min read     Updated on 23 May 2025, 01:05 PM
scanxBy ScanX News Team
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Overview

Sigma Solve's Q4 financial results show significant improvements. EBITDA increased to ₹97.00 crore, up 61.67% year-over-year. The EBITDA margin expanded to 41.32% from 30.61%. Consolidated net profit rose to ₹68.00 crore, a 61.90% increase from the previous year. These figures indicate enhanced operational efficiency and profitability for the technology company.

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

Sigma Solve , a prominent player in the technology sector, has released its fourth-quarter financial results, showcasing remarkable improvement across key financial metrics.

EBITDA Surge

The company reported a substantial increase in its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Sigma Solve's EBITDA climbed to ₹97.00 crore, marking a significant jump from ₹60.00 crore in the same quarter of the previous year. This represents a year-over-year growth of approximately 61.67%.

Improved Profitability

Alongside the EBITDA growth, Sigma Solve demonstrated enhanced profitability:

  • The EBITDA margin expanded to 41.32%, up from 30.61% in the corresponding quarter of the previous year, indicating improved operational efficiency.
  • The consolidated net profit rose to ₹68.00 crore, compared to ₹42.00 crore in the year-ago period, reflecting a robust increase of about 61.90%.

Financial Performance Overview

To better illustrate Sigma Solve's financial performance, here's a comparison of key metrics:

Metric Current Q4 Previous Q4 YoY Change
EBITDA ₹97.00 crore ₹60.00 crore +61.67%
EBITDA Margin 41.32% 30.61% +10.71 percentage points
Net Profit ₹68.00 crore ₹42.00 crore +61.90%

The substantial improvements across these financial indicators suggest that Sigma Solve has successfully enhanced its operational efficiency and profitability during the quarter.

While the company has not provided detailed insights into the factors driving this growth, the significant increase in EBITDA and net profit, coupled with the expansion in EBITDA margin, points to potential improvements in revenue, cost management, or a combination of both.

Investors and market analysts will likely be keen to see if Sigma Solve can maintain this growth trajectory in the coming quarters and what strategies the company plans to implement to sustain its improved financial performance.

Historical Stock Returns for Sigma Solve

1 Day5 Days1 Month6 Months1 Year5 Years
-0.81%+0.82%+1.22%+26.36%-5.96%+23.09%
Sigma Solve
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