SIGMA ADVANCED SYSTEMS LIMITED — Board/Management Information 2026

Jan 2, 2026

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To,

Date: January 2, 2026

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

Dear Sir(s),

Sub: Outcome of the Board Meeting held on January 2, 2026.

Ref: Regulation 30 & 42 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 2, 2026 has noted / approved the following:

1. The receipt of the certified true copy of the order dated December 16, 2025 passed by Hon’ble National Company Law Tribunal, Chennai Bench, (“NCLT”) sanctioning the Scheme of Amalgamation (“Scheme”) between Sigma Advanced Systems Private Limited (“Transferor Company”) and Megasoft Limited (“Transferee Company”) and their respective shareholders and creditors.

2. Effective Date: The effective date of the Scheme is December 31, 2025 being the date on which the certified true copy of the order passed by NCLT sanctioning the Scheme is filed by both the Transferor Company and Transferee Company with the Registrar of Companies, Chennai (“ROC”).

3. Appointed Date: The appointed date as per the Scheme is April 1, 2024.

4. Share Exchange Ratio: The share exchange ratio as per the Scheme is as follows:

316 (Three Hundred and Sixteen) fully paid equity shares of face value INR 10/- each of Megasoft Limited, shall be issued for every 100 (Hundred) fully paid equity shares of face value INR 10/each held in Sigma Advanced Systems Private Limited.

1. Record Date: In consultation with the Transferor Company the record date for determining the eligible shareholders of the Transferor Company to whom the shares in Transferee Company would be issued under the Scheme is Wednesday, January 14, 2026.

2. Amendments to Memorandum of Association and Articles of Association of the Company:

Pursuant to the PART – III of the Scheme of Amalgamation between Sigma Advanced Systems Private Limited (“Transferor Company”) and Megasoft Limited (“Transferee Company”) the following Amendments were noted:

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• a) Change in Name of the Transferee Company as ‘ SIGMA ADVANCED SYSTEMS LIMITED’

• b) Consolidation of the Authorised Share Capital as below:

INR 250,00,00,000/- (Rupees Two Hundred and Fifty Crores only) comprising of 25,00,00,000 (Rupees Twenty Five Crores only) equity shares of INR 10/- (Rupees Ten only) each with such rights, privileges and conditions attached thereto as may be determined by the Company from time to time in accordance with the Articles of Association of the Company. The Company has and shall always have the power to divide, sub-divide or consolidate the shares for time being of the Company into several classes and to attach thereto preferential, qualified or special rights, privileges or conditions as may be determined by the Company or in accordance with Articles of Association of the Company and to fix, vary, modify or abrogate any such rights, privileges or conditions attached to the shares in such manner as may from time to time being provided in the regulations of the company.”

1. The Board took note of the Compliance of Reg 17 of SEBI LODR Regulations, 2015 w.r.t. having a minimum Board constitution with at least 6 Directors having paid the fine for non-compliance thereof as required for the quarter ended on September 30, 2025 and advised the management that going forward to ensure Compliance with the SEBI LODR Regulations, 2015.

2. Further, pursuant to the effectiveness of the Scheme, the Board took note of the following Subsidiary / Associate Companies of the Transferee Company from the Appointed date i.e. April 01, 2024.

Indrajaal Drone Defence India Private Limited	Associate Company
Indorus Opto SightsPrivateLimited	Subsidiary Company

1. The Board approved Extending of Corporate Guarantee by Megasoft Limited as per Annexure-A.

We further wish to inform that the Meeting of the Board of Directors of the company commenced at 2.30 P.M and concluded at 3.30 P.M.

Kindly take the information on record.

For Megasoft Limited

THAKUR Digitally signed by THAKUR VISHAL VISHAL SINGH Date: 2026.01.02 SINGH 17:28:06 +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

i) Secure Trust Bank PLC, United Kingdom

S. No.	Particulars	Details
1.	name of party for which such guarantees orindemnity orsurety was given	Secure Trust Bank PLC, UnitedKingdom
2.	whether the promoter/ promoter group/ groupcompanies have any interest in this transaction?If yes, nature of interest and details thereof andwhether the same is done at“arm’s length”;	No, the promoter/ promoter group/group companies do not have anyinterest in this transaction.
3.	brief details of such guarantee or indemnity orbecoming a surety viz. brief details of agreemententered (if any) including significant terms andconditions, including amount of guarantee	Corporate Guarantee on behalf ofNasmyth Group for an amount uptoGBP 5.80 Mn.
4.	impact of such guarantees or indemnity or suretyon listed entity	The Company faces no immediatefinancial impact but this corporateguarantee is considered a contingentliability for the Company.

ii) Thyssenkrupp Materials (UK) Limited

S. No.	Particulars	Details
1.	name of party for which such guarantees orindemnity or surety was given	ThyssenkruppMaterials(UK)Limited
2.	whether the promoter/ promoter group/ groupcompanies have any interest in this transaction?If yes, nature of interest and details thereof andwhether the same is done at“arm’s length”;	No, the promoter/ promoter group/group companies do not have anyinterest in this transaction.
3.	brief details of such guarantee or indemnity orbecoming a surety viz. brief details of agreemententered (if any) including significant terms andconditions,including amount ofguarantee	Corporate Guarantee on behalf ofNasmyth Group for an amount uptoGBP 1.50 Mn.
4.	impact of such guarantees or indemnity or suretyon listed entity	The Company faces no immediatefinancial impact but this corporateguarantee is considered a contingentliabilityforthe Company.

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iii) Blaenavon Forgings Limited

S. No.	Particulars	Details
1.	name of party for which such guarantees orindemnity orsurety was given	Blaenavon Forgings Limited
2.	whether the promoter/ promoter group/ groupcompanies have any interest in this transaction?If yes, nature of interest and details thereof andwhetherthe sameis done at“arm’slength”;	No, the promoter/ promoter group/group companies do not have anyinterest in this transaction.
3.	brief details of such guarantee or indemnity or	Corporate Guarantee on behalf of
	becoming a surety viz. brief details of agreemententered (if any) including significant terms and	Nasmyth Group for an amount uptoGBP 1.50 Mn.
	conditions, including amount of guarantee
4.	impact of such guarantees or indemnity or suretyon listed entity	The Company faces no immediatefinancial impact but this corporateguarantee is considered a contingentliability for the Company.

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