SIGMAADVNSESIGMA ADVANCED SYSTEM LTDHighNeutral
Announced Sun, 19 Jul · 07:06 IST

Allots 1.33 crore shares at ₹347 each via preferential issue, raises ₹460 crore

Fund Raising View source PDF

SIGMAADV · price

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Price reaction · full curve 14 horizons · vs prior close
-6.1%1-day move
₹556.20
prior close
base price
After-mkt
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-6.1-5.1-10.1-5.7-1.3
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AI summary

Sigma Advanced Systems allotted 1,32,56,470 equity shares at ₹347 per share (a premium of ₹337 over the face value of ₹10) on a preferential basis for cash, raising about ₹460 crore. The allotment was approved by board circular resolution on July 18, 2026, after shareholder approval at the EGM on June 28, 2026. Post-allotment paid-up equity capital stands at ₹189.50 crore (18,94,96,175 shares), implying roughly 7.5% dilution for existing holders. The names of allottees and end use of funds are not disclosed in this filing.

Likely market impact

Around 7.5% dilution for existing shareholders as the company raises about ₹460 crore via a preferential share issue. Stock impact depends on use of proceeds and allottee profile.