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Latest news about Sigma Advanced Systems

Sigma Advanced Systems Completes $15 Million Extrovis Divestment As It Sharpens Aerospace And Defence Focus 2 days ago

Sigma Advanced Systems has successfully divested its entire 36.52% equity stake in Switzerland-based Extrovis AG for $15 million, representing a strategic shift towards becoming a pure-play aerospace and defence platform. The transaction proceeds will support the company's expansion strategy, including recent acquisitions of Nasmyth Group and AS Strategic, while strengthening its domestic order book with ₹100 crores in new Defence Ministry contracts.

Sigma Advanced Systems Receives ₹9.67 Lakh Fine from BSE and NSE for Board Composition Non-Compliance Feb 28, 2026

Sigma Advanced Systems Secures ₹100 Crore Order from Ministry of Defence for Strategic Programmes Feb 23, 2026

Sigma Advanced Systems Limited Announces Postal Ballot for Director Appointment and Re-designation Feb 18, 2026

Sigma Advanced Systems Limited Announces Q3FY26 Financial Results with Strong Standalone Performance Feb 14, 2026

More news about Sigma Advanced Systems

10Feb 26

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

Sigma Advanced Systems Limited has signed a Share Purchase Agreement to acquire 51% stake in AS Strategic Private Limited for INR 20 crores. AS Strategic, a Delhi-based aerospace and defence company, reported turnover of Rs. 608 lacs for March 2025, showing significant growth from previous years. The acquisition provides access to established joint ventures with European defence OEMs and is expected to complete within 4 to 6 weeks.

04Feb 26

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

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.

23Jan 26

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

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.

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.

16Jan 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.

02Jan 26

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.

24Dec 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.