SIGMA ADVANCED SYSTEMS LIMITED — Board/Management Information 2024

Dec 20, 2024

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To,	December 20,2024	December 20,2024
BSE Limited Phiroze JeeJee Bhoy Towers Dalal Street, Fort Mumbai 400001 Scrip Code:532408	National Stock Exchange of India Limited Exchange Plaza Bandra-Kurla Complex, Bandra(E) Mumbai 400051 Symbol:MEGASOFT

- Sub: Intimation for appointment of Additional Director (Non Executive, Independent and Woman) under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Intimation of Completion of Tenure of Independent Director.

Ref: Regulation 30 read with Part A of Schedule III of SEBI (LODR) Regulations, 2015.

Dear Sir/Madam,

In relation to the captioned subject and reference, we wish to inform you that based on recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company vide Circular Resolution dated December 20, 2024 has approved the appointment of Dr. Uma Garimella (DIN: 02847624) as an Additional Director (Non- Executive, Independent, Woman) on the Board with effect from December 20, 2024 up to a period of 5 years i.e., Upto December 19, 2029 and to hold office as such up to next / ensuing General Meeting of the Company or up to a period of three months from the date of appointment whichever is earlier.

In accordance with the circular dated June 20, 2018 issued by the exchanges, it is confirmed that Dr. Uma Garimella (DIN: 02847624) is not debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India or any such authority.

Further, this is to inform the exchange(s) that the second term of five consecutive years of Mr. Anish Mathew (DIN: 02545538), as an Independent Director of the Company is concluding on December 25, 2024, and thus as a result he will cease to be a Director of the Company w.e.f. the closing business hours of the same date.

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The Board of Directors places on record their sincere appreciations for the services rendered by Mr. Anish Mathew as an Independent Director of the Company during his tenure and wish him the best for his future endeavours.

The Board has also reconstituted committees due to above changes in the Directors w.e.f., December 26, 2024. The details of re-constitution of Committees are mentioned below:

S No.	Name of the Committee	Composition of the Committee after Reconstitution	Category
**1. **	Audit/ Risk & Compliance Committee	Mr. Kalyan Vijay Sivalenka, Chairperson	Independent Director
		Dr. Uma Garimella	Independent Director Woman
		Mrs. Leona Ambuja	Non- Executive Director
		Mr. Suryanarayana Raju Nandyala	Independent Director
**2. **	Nomination and Remuneration Committee	Dr. Uma Garimella,Chairperson	Independent Director Woman
		Mrs. Leona Ambuja	Non- Executive Director
		Mr. Kalyan Vijay Sivalenka	Independent Director
		Mr. Suryanarayana Raju Nandyala	Independent Director
**3. **	Stakeholders Relationship Committee	Mr. Kalyan Vijay Sivalenka Chairperson	Independent Director
		Mr. Sunil Kumar Kalidindi	Executive Director & CEO
		Dr. Leona Ambuja	Non- Executive Director
		Dr. Uma Garimella,	Independent Director, Woman
		Mr. Krishna Yeachuri	Non- Executive Director

Details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III of the said Regulations, SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 and Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 11th and 13[th] July, 2023, respectively are given in the enclosed ‘Annexure-A’.

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Thanking you,

For Megasoft Limited

THAKUR Digitally signed by THAKUR VISHAL VISHAL SINGH Date: 2024.12.20 SINGH 17:36:05 +05'30'

Thakur Vishal Singh

Company Secretary & Compliance Officer

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ANNEXURE – A

Details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III of the said Regulations, SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 and Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 11[th] and 13[th] July, 2023, respectively are given below:

• i) Appointment of Dr. Uma Garimella (DIN: 02847624) as an Additional Director (NonExecutive, Independent, Woman) & Tenure completion of Mr. Anish Mathew (DIN: 02545538), Independent Director.

Sr. No.	Particulars	Details	Details
1.	Name	Dr. Uma Garimella	Mr. Anish Mathew
2.	Reason for change	Appointment of Additional Director (Non-Executive, Independent, Woman)	Completion of second term of five consecutive years as an Independent Director of the Company.
3.	Date of appointment	w.e.f. December 20, 2024. Terms of Appointment: For a period of 5 years from December 20, 2024 to December 19, 2029	Completion of Tenure as an Independent Director on December 25, 2024. Terms of Appointment: Not Applicable
4.	Brief profile	Dr. Uma Garimella is an accomplished professional with a distinguished career across academia, various industries, and consulting. She holds a Bachelor of Engineering (1981) from VNIT, Nagpur, a Master of Technology (1983) from	Not Applicable

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Osmania University, and a PhD
(1992) from the University of
Hyderabad.
In the corporate sector, Uma
Garimella has worked with
leading organizations such as DE
Shaw India and Bodhtree and
provided consulting expertise
such as evaluation, innovation
and management.
With about decade and half years
in academia, Dr. Garimella has
served in key positions at the
University of Hyderabad, JNTU,
and IIIT-Sricity not only in the
field of education but various
innovative, research and
corporate positions. Her work,
published extensively in
international journals and
conferences, has influenced both
academic and practical working
fields in Corporate Culture.
Her deep industry insights,
coupled with her academic
expertise, enable her to provide
strategic direction and drive and
lead an organisation. As an
independent director, she is
committed to fostering

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		organizational growth and excellence through her leadership, vision, and diverse experience.
5.	Disclosure of relationships between directors:	Dr. Uma Garimella is not related to any of the promoters, members of the promoter group and Directors of the Company.	Not Applicable

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