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SIGMA ADVANCED SYSTEMS LIMITED — Capital/Financing Update 2026
Jun 4, 2026
62603_rns_2026-06-04_118aac7c-3f50-4a39-a100-6715d5b48c62.pdf
Capital/Financing Update
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SIGMA ADVANCED SYSTEMS
SIGMA ADVANCED SYSTEMS LIMITED
CIN: L24100TN1999PLC042730
Survey No 1/1, Plot No 24/A, Hardware Park, Srisailam Road
Kancha Imarat, Raviryala Village, Maheswaram Mandal
Hyderabad, 501510 Telangana, India
Tel: +91 40 69652222
Website: www.sigmaadvsys.com, Email: [email protected]
Date: June 04, 2026
To,
| 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: SIGMAADV |
|---|---|
Dear Sir(s),
Sub: Outcome of the Board Meeting held on June 4, 2026.
We refer to our letter dated June 1, 2026 intimating you of the convening of the Meeting of the Board of Directors of our Company.
In this regard, we wish to inform that the Board of Directors of the Company met today i.e., June 4, 2026 & have inter alia considered and approved the following:
-
The issuance of Equity Shares on a preferential basis, subject to all regulatory/ statutory approvals including approval of Members of the Company, up to 1,32,56,470 (One Crore Thirty Two Lakh Fifty Six Thousand Four Hundred and Seventy) fully paid-up Equity Shares at a price of ₹347/- (Rupees Three Hundred and Forty Seven Only) (including a premium of ₹337/- each) per Equity Share, aggregating up to ₹ 459,99,95,090 (Four Hundred Fifty Nine Crore Ninety Nine Lakh Ninety Five Thousand Ninety Only) on a preferential basis, to non-promoters as determined in accordance with Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and in accordance with the provisions of Companies Act, 2013 and rules made thereunder and such other applicable laws. - Details are annexed as Annexure - I
-
Approved the appointment of India Ratings and Research Private Limited as the Monitoring Agency, pursuant to Regulation 162A of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.
-
Issue of 4,32,777 (Four Lakhs Thirty Two Thousand Seven Hundred and Seventy Seven) Equity Shares of Rs.10/- each on Preferential basis for consideration other than cash by acquiring additional 25% equity shareholding in, its subsidiary, AS Strategic Private Limited via swap of share subject to all regulatory/ statutory approvals including approval of Members of the Company. - Details are annexed as Annexure - II & II(A)
Registered Office
No.43/1 (# 129 to # 140), Prestige Palladium, 8th Floor, Greams Road, Nungambakkam, Chennai, 600006, Tamil Nadu, India
SIGMA ADVANCED SYSTEMS
SIGMA ADVANCED SYSTEMS LIMITED
CIN: L24100TN1999PLC042730
Survey No 1/1, Plot No 24/A, Hardware Park, Srisailam Road
Kancha Imarat, Raviryala Village, Maheswaram Mandal
Hyderabad, 501510 Telangana, India
Tel: +91 40 69652222
Website: www.sigmaadvsys.com, Email: [email protected]
- Approved the draft Notice for convening the Extra-ordinary General Meeting (EGM) of the members of the Company and fixed the date of the EGM of the Company to be held on June 28, 2026 through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).
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. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexures.
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 8.15 p.m.
Kindly take the information on record.
For Sigma Advanced Systems Limited
(Formerly Megasoft Limited)
Sadhu
Krishna
Chaitanya
Digitally signed
by Sadhu Krishna
Chaitanya
Date: 2026.06.04
22:02:56 +05'30'
Krishna Chaitanya Sadhu
Company Secretary and Compliance Officer
Registered Office
No.43/1 (# 129 to # 140), Prestige Palladium, 8th Floor, Greams Road, Nungambakkam, Chennai, 600006, Tamil Nadu, India
SIGMA ADVANCED SYSTEMS
SIGMA ADVANCED SYSTEMS LIMITED
CIN: L24100TN1999PLC042730
Survey No 1/1, Plot No 24/A, Hardware Park, Srisailam Road
Kancha Imarat, Raviryala Village, Maheswaram Mandal
Hyderabad, 501510 Telangana, India
Tel: +91 40 69652222
Website: www.sigmaadvsys.com, Email: [email protected]
Annexure-I
| Sr. No | Particular | Details |
|---|---|---|
| 1. | type of securities proposed to be issued (viz. equity shares, convertibles etc.); | Equity Shares |
| 2. | type of issuance (further public offering, rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.); | Preferential Allotment in accordance with Chapter V of SEBI ICDR Regulations and other applicable laws. |
| 3. | total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately); | Issuing upto 1,32,56,470 (One Crore Thirty Two Lakh Fifty Six Thousand Four Hundred and Seventy) fully paid-up Equity Shares at a price of ₹347/- (including a premium of ₹337/- each) per Equity Share, aggregating up to ₹459,99,95,090 (Rupees Four Hundred Fifty Nine Crore Ninety Nine Lakh Ninety Five Thousand Ninety Only) |
| 4. | in case of preferential issue the listed entity shall disclose the following additional details to the stock exchange(s): | |
| • names of the investors; | ||
| • post allotment of securities -outcome of the subscription, issue price / allotted price (in case of convertibles), number of investors; | ||
| • in case of convertibles- intimation on conversion of securities or on lapse of the tenure of the instrument; | As per Annexure I(A) |
Advisors for the Preferential Issue:
- InCred Capital Wealth Portfolio Managers Private Limited
- Spark PWM Private Limited (“Spark Capital”)
Registered Office
No.43/1 (# 129 to # 140), Prestige Palladium, 8th Floor, Greams Road, Nungambakkam, Chennai, 600006, Tamil Nadu, India
SIGMA ADVANCED SYSTEMS
SIGMA ADVANCED SYSTEMS LIMITED
CIN: L24100TN1999PLC042730
Survey No 1/1, Plot No 24/A, Hardware Park, Srisailam Road
Kancha Imarat, Raviryala Village, Maheswaram Mandal
Hyderabad, 501510 Telangana, India
Tel: +91 40 69652222
Website: www.sigmaadvsys.com, Email: [email protected]
Annexure I(A)
| S No. | Name of Proposed Allottee | Category (Promoter/ Non-promoter) | Number of shares | Amount of consideration in Rs. | Pre-Issue Shareholding Structure | Post-Issue Shareholding Structure | ||
|---|---|---|---|---|---|---|---|---|
| Number | % of Shares | Number | % of Shares | |||||
| 1. | Bank of India Flexi Cap Fund | Non-Promoter - Mutual Fund | 734,870 | 254,999,890 | 0 | 0.00 | 734,870 | 0.39 |
| 2. | Bank of India Small Cap Fund | Non-Promoter - Mutual Fund | 680,115 | 235,999,905 | 0 | 0.00 | 680,115 | 0.36 |
| 3. | Bank of India Mid Cap Tax Fund Series 1 | Non-Promoter - Mutual Fund | 17,291 | 5,999,977 | 0 | 0.00 | 17,291 | 0.01 |
| 4. | Bank of India Mid Cap Tax Fund Series 2 | Non-Promoter - Mutual Fund | 8,645 | 2,999,815 | 0 | 0.00 | 8,645 | 0.00 |
| 5. | Taurus Flexi Cap Fund | Non-Promoter - Mutual Fund | 345,821 | 119,999,887 | 0 | 0.00 | 345,821 | 0.18 |
| 6. | Taurus Mid Cap Fund | Non-Promoter - Mutual Fund | 144,092 | 49,999,924 | 0 | 0.00 | 144,092 | 0.08 |
| 7. | Taurus ELSS Tax | Non-Promoter | 43,227 | 14,999,769 | 0 | 0.00 | 43,227 | 0.02 |
Registered Office
No.43/1 (# 129 to # 140), Prestige Palladium, 8th Floor, Greams Road, Nungambakkam, Chennai, 600006, Tamil Nadu, India
SIGMA ADVANCED SYSTEMS
SIGMA ADVANCED SYSTEMS LIMITED
CIN: L24100TN1999PLC042730
Survey No 1/1, Plot No 24/A, Hardware Park, Srisailam Road
Kancha Imarat, Raviryala Village, Maheswaram Mandal
Hyderabad, 501510 Telangana, India
Tel: +91 40 69652222
Website: www.sigmaadvsys.com, Email: [email protected]
| S No. | Name of Proposed Allottee | Category (Promoter/ Non-promoter ) | Number of shares | Amount of consideration in Rs. | Pre-Issue Shareholding Structure | Post-Issue Shareholding Structure | ||
|---|---|---|---|---|---|---|---|---|
| Number | % of Shares | Number | % of Shares | |||||
| Saver Fund | - Mutual Fund | |||||||
| 8. | Taurus Large Cap Fund | Non-Promoter - Mutual Fund | 43,227 | 14,999,769 | 0 | 0.00 | 43,227 | 0.02 |
| 9. | Akshat Greentech Private Limited | Non-Promoter | 1,440,922 | 499,999,934 | 0 | 0.00 | 1,440,922 | 0.76 |
| 10. | Bhaskara Rao Bollineni | Non-Promoter | 1,440,922 | 499,999,934 | 0 | 0.00 | 1,440,922 | 0.76 |
| 11. | Amritha Vellodi | Non-Promoter | 1,440,922 | 499,999,934 | 0 | 0.00 | 1,440,922 | 0.76 |
| 12. | Kuldip Singh Rathee | Non-Promoter | 720,461 | 249,999,967 | 733000 | 0.00 | 1,453,461 | 0.77 |
| 13. | Mehul Lavjibhai Mehta | Non-Promoter | 576,368 | 199,999,696 | 0 | 0.00 | 576,368 | 0.30 |
| 14. | Rudira Aqua Limited | Non-Promoter | 432,276 | 149,999,772 | 0 | 0.00 | 432,276 | 0.23 |
| 15. | Citron Realty LLP | Non-Promoter | 432,276 | 149,999,772 | 0 | 0.00 | 432,276 | 0.23 |
| 16. | A.P.T.Res | Non- | 432,276 | 149,999,772 | 0 | 0.00 | 432,276 | 0.23 |
Registered Office
No.43/1 (# 129 to # 140), Prestige Palladium, 8th Floor, Greams Road, Nungambakkam, Chennai, 600006, Tamil Nadu, India
SIGMA ADVANCED SYSTEMS
SIGMA ADVANCED SYSTEMS LIMITED
CIN: L24100TN1999PLC042730
Survey No 1/1, Plot No 24/A, Hardware Park, Srisailam Road
Kancha Imarat, Raviryala Village, Maheswaram Mandal
Hyderabad, 501510 Telangana, India
Tel: +91 40 69652222
Website: www.sigmaadvsys.com, Email: [email protected]
| S No. | Name of Proposed Allottee | Category (Promoter/ Non-promoter) | Number of shares | Amount of consideration in Rs. | Pre-Issue Shareholding Structure | Post-Issue Shareholding Structure | ||
|---|---|---|---|---|---|---|---|---|
| Number | % of Shares | Number | % of Shares | |||||
| earch Private Limited | Promoter | |||||||
| 17. | VLS Generics And Biosimilar s Private Limited | Non-Promoter | 288,184 | 99,999,848 | 0 | 0.00 | 288,184 | 0.15 |
| 18. | Mantena Venkata Rama Raju | Non-Promoter | 288,184 | 99,999,848 | 0 | 0.00 | 288,184 | 0.15 |
| 19. | Rama Raju Gokaraju | Non-Promoter | 288,184 | 99,999,848 | 10000 | 0.01 | 298,184 | 0.16 |
| 20. | Gokaraju Venkata Kanaka Ranga Raju | Non-Promoter | 288,184 | 99,999,848 | 10000 | 0.01 | 298,184 | 0.16 |
| 21. | Alpana Mundra | Non-Promoter | 288,184 | 99,999,848 | 0 | 0.00 | 288,184 | 0.15 |
| 22. | Nidhi Mittal | Non-Promoter | 288,184 | 99,999,848 | 0 | 0.00 | 288,184 | 0.15 |
| 23. | The Ansushra 2023 Grantor Trust | Non-Promoter | 288,184 | 99,999,848 | 0 | 0.00 | 288,184 | 0.15 |
| 24. | Syncorp | Non- | 288,184 | 99,999,848 | 0 | 0.00 | 288,184 | 0.15 |
Registered Office
No.43/1 (# 129 to # 140), Prestige Palladium, 8th Floor, Greams Road, Nungambakkam, Chennai, 600006, Tamil Nadu, India
SIGMA ADVANCED SYSTEMS
SIGMA ADVANCED SYSTEMS LIMITED
CIN: L24100TN1999PLC042730
Survey No 1/1, Plot No 24/A, Hardware Park, Srisailam Road
Kancha Imarat, Raviryala Village, Maheswaram Mandal
Hyderabad, 501510 Telangana, India
Tel: +91 40 69652222
Website: www.sigmaadvsys.com, Email: [email protected]
| S No. | Name of Proposed Allottee | Category (Promoter/ Non-promoter) | Number of shares | Amount of consideration in Rs. | Pre-Issue Shareholding Structure | Post-Issue Shareholding Structure | ||
|---|---|---|---|---|---|---|---|---|
| Number | % of Shares | Number | % of Shares | |||||
| Ventures LLP | Promoter | |||||||
| 25. | Mahesh Notandas Jagwani HUF | Non-Promoter | 288,184 | 99,999,848 | 0 | 0.00 | 288,184 | 0.15 |
| 26. | Pranitya India Opportunities Fund | Non-Promoter | 288,184 | 99,999,848 | 0 | 0.00 | 288,184 | 0.15 |
| 27. | Ashika India Select Fund | Non-Promoter | 230,547 | 79,999,809 | 0 | 0.00 | 230,547 | 0.12 |
| 28. | Ramesh Chand Kalantri | Non-Promoter | 216,138 | 74,999,886 | 500 | 0.00 | 216,638 | 0.11 |
| 29. | Sheela Kakani | Non-Promoter | 216,138 | 74,999,886 | 0 | 0.00 | 216,138 | 0.11 |
| 30. | Shajikumar Devakar | Non-Promoter | 144,092 | 49,999,924 | 50000 | 0.03 | 194,092 | 0.10 |
| 31. | Krishna Prasad Chigurupati | Non-Promoter | 144,092 | 49,999,924 | 0 | 0.00 | 144,092 | 0.08 |
| 32. | Kovil Minda | Non-Promoter | 144,092 | 49,999,924 | 9000 | 0.00 | 153,092 | 0.08 |
Registered Office
No.43/1 (# 129 to # 140), Prestige Palladium, 8th Floor, Greams Road, Nungambakkam, Chennai, 600006, Tamil Nadu, India
SIGMA ADVANCED SYSTEMS
SIGMA ADVANCED SYSTEMS LIMITED
CIN: L24100TN1999PLC042730
Survey No 1/1, Plot No 24/A, Hardware Park, Srisailam Road
Kancha Imarat, Raviryala Village, Maheswaram Mandal
Hyderabad, 501510 Telangana, India
Tel: +91 40 69652222
Website: www.sigmaadvsys.com, Email: [email protected]
| S No. | Name of Proposed Allottee | Category (Promoter/ Non-promoter) | Number of shares | Amount of consideration in Rs. | Pre-Issue Shareholding Structure | Post-Issue Shareholding Structure | ||
|---|---|---|---|---|---|---|---|---|
| Number | % of Shares | Number | % of Shares | |||||
| 33. | Nageswara Rao Yamani | Non-Promoter | 144,092 | 49,999,924 | 10000 | 0.00 | 154,092 | 0.08 |
| 34. | Neetish Purushotta ma B N | Non-Promoter | 144,092 | 49,999,924 | 0 | 0.00 | 144,092 | 0.08 |
| 35. | Amit Gunchandra Mehta | Non-Promoter | 57,636 | 19,999,692 | 0 | 0.00 | 57,636 | 0.03 |
| Total | 1,32,56,470 | 4,59,99,95,090 | 8,22,500 | 0.05 | 1,40,78,970 | 7.41 |
Registered Office
No.43/1 (# 129 to # 140), Prestige Palladium, 8th Floor, Greams Road, Nungambakkam, Chennai, 600006, Tamil Nadu, India
SIGMA ADVANCED SYSTEMS
SIGMA ADVANCED SYSTEMS LIMITED
CIN: L24100TN1999PLC042730
Survey No 1/1, Plot No 24/A, Hardware Park, Srisailam Road
Kancha Imarat, Raviryala Village, Maheswaram Mandal
Hyderabad, 501510 Telangana, India
Tel: +91 40 69652222
Website: www.sigmaadvsys.com, Email: [email protected]
Annexure-II
| Sr. No | Particular | Details |
|---|---|---|
| 1. | type of securities proposed to be issued (viz. equity shares, convertibles etc.); | Equity Shares |
| 2. | type of issuance (further public offering, rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.); | Preferential Allotment in accordance with Chapter V of SEBI ICDR Regulations and other applicable laws. |
| 3. | total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately); | 4,32,777 (Four Lakhs Thirty Two Thousand Seven Hundred and Seventy Seven) Equity shares of Rs.10/- each arrived on the basis of valuation. |
| 4. | in case of preferential issue the listed entity shall disclose the following additional details to the stock exchange(s): | |
| • names of the investors; | ||
| • post allotment of securities -outcome of the subscription, issue price / allotted price (in case of convertibles), number of investors; | ||
| • in case of convertibles- intimation on conversion of securities or on lapse of the tenure of the instrument; | As per table enclosed below | |
| S No. | Name of Proposed Allottee | Category (Promoter/ Non-promoter) |
| --- | --- | --- |
| 1. | SA Insights Private Limited | Non - Promoter |
| 2. | Adhiraj Khanna | Non - Promoter |
Registered Office
No.43/1 (# 129 to # 140), Prestige Palladium, 8th Floor, Greams Road, Nungambakkam, Chennai, 600006, Tamil Nadu, India
SIGMA ADVANCED SYSTEMS
SIGMA ADVANCED SYSTEMS LIMITED
CIN: L24100TN1999PLC042730
Survey No 1/1, Plot No 24/A, Hardware Park, Srisailam Road
Kancha Imarat, Raviryala Village, Maheswaram Mandal
Hyderabad, 501510 Telangana, India
Tel: +91 40 69652222
Website: www.sigmaadvsys.com, Email: [email protected]
Annexure-II (A)
| Sr. No | Particular | Details |
|---|---|---|
| 1. | name of the target entity, details in brief such as size, turnover etc | AS Strategic Private Limited |
| Turnover for the twelve-month period ended March 2025: Rs. 608 lacs Website: http://asstrategic.com | ||
| 2. | whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” | The acquisition will not fall within related party transaction(s) and the promoter / promoter group / group companies do not have any interest in the entity being acquired |
| 3. | industry to which the entity being acquired belongs | Aerospace & Defence |
| 4. | objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) | The Company holds 51% of Equity Shareholding of AS Strategic Private Limited. The proposed additional acquisition of 25% is aimed at strengthening and expanding the Company's defence business globally by creating an integrated and scalable platform. |
| 5. | brief details of any governmental or regulatory approvals required for the acquisition | Not Applicable |
| However, the Audit Committee and the Board of Directors of the Company, at their respective meetings, have approved the same in accordance with applicable provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 | ||
| 6. | indicative time period for completion of the acquisition; | Within 6 to 8 weeks |
| 7. | Consideration - whether cash consideration or share swap or any other form and details of | Swap of shares |
Registered Office
No.43/1 (# 129 to # 140), Prestige Palladium, 8th Floor, Greams Road, Nungambakkam, Chennai, 600006, Tamil Nadu, India
SIGMA ADVANCED SYSTEMS
SIGMA ADVANCED SYSTEMS LIMITED
CIN: L24100TN1999PLC042730
Survey No 1/1, Plot No 24/A, Hardware Park, Srisailam Road
Kancha Imarat, Raviryala Village, Maheswaram Mandal
Hyderabad, 501510 Telangana, India
Tel: +91 40 69652222
Website: www.sigmaadvsys.com, Email: [email protected]
| the same | The Company will issue 4,32,777 (Four Lakhs Thirty Two Thousand Seven Hundred and Seventy Seven) Equity shares of Rs.10/- each. | |
|---|---|---|
| 8. | Cost of acquisition and/or the price at which the shares are acquired; | The approximate cost of acquisition is about INR 15 Crores and the same shall be discharged through swap of shares in accordance with applicable provisions of SEBI (ICDR) Regulations and Companies Act, 2013. |
| 9. | percentage of shareholding / control acquired and / or number of shares acquired; | The Company holds 51% of Equity Shareholding of AS Strategic Private Limited. |
| Further, additional 25% of Equity Shareholding is proposed to be acquired, resulting in a total of 76% of Equity Shareholding. | ||
| 10. | brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief) | AS Strategic Private Limited, a subsidiary of the Company, based at Delhi is a Defence and Aerospace focused company working through long-term joint ventures and partnerships with leading European and global defence OEMs. |
Registered Office
No.43/1 (# 129 to # 140), Prestige Palladium, 8th Floor, Greams Road, Nungambakkam, Chennai, 600006, Tamil Nadu, India