SIGMA ADVANCED SYSTEMS LIMITED — Board/Management Information 2026

Jan 16, 2026

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To, Date: January 16, 2026

BSE LimitedPhiroze JeeJee Bhoy TowersDalal Street, FortMumbai 400001Scrip Code: 532408	National Stock Exchange of India LimitedExchange PlazaBandra-Kurla Complex, Bandra(E)Mumbai 400051**Symbol:**MEGASOFT

Dear Sir(s),

Sub: Outcome of the Board Meeting held on January 16, 2026.

Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”)

We wish to inform you that, the Board of Directors of the Company at their meeting held on January 16, 2026 has approved / noted the following:

1. Approved the Allotment of 10,24,69,664 Equity Shares, Fully Paid of Rs. 10/- Each to the Shareholders of Sigma Advanced Systems Private Limited pursuant to the Scheme of Amalgamation amongst Sigma Advanced Systems Private Limited (“Transferor Company”) and Megasoft Limited (“Transferee Company”) and their respective shareholders and creditors under Section 230- 232 and other applicable provisions of the Companies Act, 2013 (“Scheme”).

And post allotment the Equity Shares of the Company will stand at 1,76,23,97,050.

1. Appointed Mr. Raju Somashekar Baggavalli (DIN: 11482140) as an Additional Director (NonExecutive, Independent) of the Company. Details required to be disclosed under the SEBI Listing Regulations read with Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 have been provided as Annexure – A.

2. Approved the shifting of corporate office and change the place of keeping the books of accounts and other relevant papers of the company from “8th Floor, Unit No. 801 B, Jain Sadguru Image’s Capital Park, Plot No. 1, 28 & 29, 98/4/1 to 13, Image Gardens Rd, Madhapur, Hyderabad, Telangana 500081 Telangana, India” to “Survey No 1/1, Plot No 24/A, Hardware Park, Srisailam Road, Kancha Imarat, Raviryala Village, Maheswaram Mandal, Hyderabad, 501510 Telangana, India w.e.f. January 16, 2026.”

4. Approve the shifting of the Registered Office of the Company from “No. 85, Kutchery Road, Mylapore, Chennai, Tamil Nadu, India, 600004” to “No.43/1 (# 129 to # 140), Prestige Palladium, 8th Floor, Greams Road, Nungambakkam, Chennai, 600006, Tamil Nadu, India” within the local limits of the city, w.e.f. January 16, 2026.”

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1. Took note of the Change of Name of the Company from Megasoft Limited to Sigma Advanced Systems Limited and modification to the Letters / Papers/ Stamps etc.

2. Changes in the Emai ID for Investors: The Email ID has been changed from investors@ megasoft.com to investors@sigmaadvsys.com

3. Change in Website of the Company: The Website of the Company has been changed from www.megasoft.com to www.sigmaadvsys.com.

We further wish to inform that the Meeting of the Board of Directors of the company commenced at 3.00 P.M and concluded at 4.00 P.M.

Kindly take the information on record.

For Sigma Advanced Systems Limited

(Formerly Megasoft Limited)

THAKUR Digitally signed by THAKUR VISHAL VISHAL SINGH Date: 2026.01.16 SINGH 16:04:43 +05'30'

………………………………

Thakur Vishal Singh Company Secretary & Compliance Officer

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Annexure – A

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Details as per Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024

Sr. No.	Particulars	Details
1.	Name	Mr. Raju Somashekar Baggavalli
2.	Reason for change	AppointmentofAdditionalDirector(Non-Executive,Independent)
3.	Date of appointment	W.e.f. January 16, 2026.
4.	Brief profile	Lt Gen Raju Somashekar Baggavalli, PVSM, UYSM, AVSM,YSM (Retd), brings nearly four decades of senior leadership,governance, and strategic decision-making experience at thehighest levels of national security and large-scale organisations.He has led complex, multi-stakeholder institutions involvingpersonnel strength running into hundreds of thousands,substantialcapitalassets,andhigh-riskoperationalenvironments.As Vice Chief of the Army Staff, he oversaw apex-level policyformulation, resource optimisation, capability development, andinstitutional transformation across the Indian Army. His tenurerequired close coordination with the Government of India,defence industry, international partners, and intelligenceagencies—providing him deep exposure to board-levelgovernance, oversight, and risk management. For this role, hewas awarded the Param Vishisht Seva Medal.As Director General of Military Operations, and later as ArmyCommander, South Western Command, he was responsible forstrategic planning, crisis management, and execution acrosssensitive operational theatres. His command of corps, divisions,and brigades in counter-terror, insurgency, and conventionalconflict environments reflects strong expertise in decision-making under uncertainty, organisational resilience, andleadership ethics.Post-retirement, he advises startups, think tanks, andeducational initiatives, particularlyin strategy, governance,

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		technology adoption, and organisational scaling—making himwell suited for board roles requiring strategic oversight,integrity, and long-term value creation.
5.	Disclosure ofrelationships betweendirectors:	Mr. Raju Somashekar Baggavalli is not related to any of theDirectors of the Company.
6.	In accordance with the circular dated June 20, 2018 issued by the exchanges, it isconfirmed that Mr. Raju Somashekar Baggavalli (DIN:11482140) is not debarred fromholding the office of Director by virtue of any order of Securities and Exchange Board ofIndia or any such authority.

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