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Latest news about Sigma Advanced Systems

Sigma Advanced Systems Limited Announces Postal Ballot for Director Appointment and Re-designation 4 days ago

Sigma Advanced Systems Limited has issued a postal ballot notice for shareholder approval of Mr. Cheemarla Damodar Reddy's appointment as Whole-Time Director (Executive, Promoter Category) for five years from February 14, 2026, with INR 80 lakhs annual remuneration. The e-voting period runs from February 19-March 20, 2026, with February 13, 2026 as the cut-off date. Mr. Reddy brings over 37 years of experience in Electronics and Communication with expertise in Defence and Aerospace sectors.

Sigma Advanced Systems Limited Announces Q3FY26 Financial Results with Strong Standalone Performance 8 days ago

Sigma Advanced Systems Limited Acquires 51% Stake in AS Strategic Private Limited for INR 20 Crores Feb 10, 2026

Megasoft Limited Rebrands as Sigma Advanced Systems Limited with New Trading Symbol SIGMAADV Feb 04, 2026

Sigma Advanced Systems Limited Reports Acquisition Disclosure Following Amalgamation with Megasoft Limited Jan 23, 2026

More news about Sigma Advanced Systems

22Jan 26

Chintalapati Holdings Acquires 46.31% Stake in Sigma Advanced Systems Through Amalgamation

Chintalapati Holdings Private Limited acquired 46.31% stake in Sigma Advanced Systems Limited through amalgamation scheme, receiving 8,16,17,788 equity shares. The NCLT Chennai approved the merger in December 2025, with share allotment completed in January 2026. The transaction increased Sigma's equity capital from ₹73.77 crores to ₹176.24 crores, establishing Chintalapati Holdings as the largest promoter group shareholder.

02Jan 26

Sigma Advanced Systems Completes Amalgamation, Allots 10.25 Crore Shares

Sigma Advanced Systems Limited has successfully completed its amalgamation process by allotting 10,24,69,664 equity shares of ₹10.00 each, bringing total equity to 1,76,23,97,050 shares. The company strengthened its Board with the appointment of Lt Gen Raju Somashekar Baggavalli as Additional Independent Director and completed its corporate transformation by relocating offices and updating digital infrastructure including website and investor communications.

23Dec 25

Megasoft Board Approves Amalgamation with Sigma Advanced Systems, Sets Record Date

Megasoft Limited has completed a major corporate restructuring through Board approval of amalgamation with Sigma Advanced Systems Private Limited, sanctioned by NCLT Chennai. The scheme includes a 316:100 share exchange ratio, name change to Sigma Advanced Systems Limited, and addition of new subsidiary and associate companies. The Board also approved corporate guarantees totaling GBP 8.80 million for UK entities and addressed SEBI compliance requirements.

08Nov 25

Megasoft Limited Receives Certified Copy of NCLT Order for Sigma Amalgamation

Megasoft Limited has received the certified true copy of the NCLT order approving its amalgamation with Sigma Advanced Systems Private Limited, completing all regulatory formalities for the strategic merger. The amalgamation, with an appointed date of April 1, 2024, and share swap ratio of 316:100, aims to strengthen Megasoft's position in the aerospace and defence sector through access to defence business technology and established market presence.

31Oct 25

Megasoft's UK Subsidiary Completes Acquisition of Nasmyth Group Limited

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.

28Oct 25

Megasoft's UK Subsidiary Acquires Nasmyth Group for ₹213 Crore, Expanding Aerospace and Defence Footprint

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.

18Oct 25

Megasoft Limited Approves £20 Million Loan to UK Subsidiary for Strategic Acquisitions

Megasoft Limited's Board has approved a loan of up to £20 million (₹240 crores) to its UK subsidiary, Sigma Advanced Systems UK LTD. The loan, with an 8.25% annual interest rate and 3-year tenure, aims to fund potential acquisitions in the Aerospace and Defense sectors in the US and UK. This move aligns with Megasoft's global expansion strategy in high-value industries. The loan agreement is expected to be executed by October 31, 2025.

08Aug 25

Megasoft Limited Reports Stellar Q1 Results with Rs 13,643.55 Crore Net Profit

Megasoft Limited reported a standalone net profit of Rs 13,643.55 crore in Q1, up from Rs 53.58 crore last year. Total revenue increased to Rs 18,765.08 crore from Rs 761.13 crore. The surge was primarily due to a Rs 18,463.74 crore profit from property sale. EPS rose to Rs 18.49 from Rs 0.07. The company paid Rs 3,100.00 crore in current tax. Megasoft announced plans for amalgamation with Sigma Advanced Systems and divestment of its stake in Extrovis AG. No revenue from operations was reported for the quarter.

01Aug 25

Megasoft Limited Seeks Shareholder Approval to Boost Borrowing Limits to Rs 800 Crores

Megasoft Limited, an Aerospace and Defence Sector player, has announced proposals to increase its borrowing limits, create security on assets, and enhance investment and guarantee limits, all to Rs 800.00 crores from the previous Rs 200.00 crores. These proposals, approved by the Board on July 16, 2025, aim to support the company's growth and expansion plans. Shareholders can vote on these resolutions through e-voting from August 4 to September 2, 2025.

01Jul 25

Megasoft to Divest 36.52% Stake in Swiss Firm Extrovis AG for $15 Million

Megasoft, an Indian technology company, has approved the sale of its entire 36.52% stake in Switzerland-based Extrovis AG to Refex Life Sciences Pvt Ltd for $15 million (approximately ₹124.50 crore). The transaction will be completed in tranches and is subject to shareholder approval via postal ballot. The sale implies a total valuation of about $41.07 million for Extrovis AG.