SIGMAADVNSESIGMA ADVANCED SYSTEMS LIMITEDLowNeutral
Announced Fri, 19 Jun · 15:29 IST

Corrigendum to EGM Notice for Preferential Issue and Share Swap

Board & Shareholder Meetings View source PDF

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AI summary

Sigma Advanced Systems issued a corrigendum to its June 28, 2026 EGM notice based on BSE and NSE feedback. The EGM will consider: 1) Cash issue of about 1.33 crore shares (around Rs 460 crore) to 35 non-promoter allottees, with about Rs 115 crore (25 percent) for general corporate purposes, and 2) Share swap of 4,32,777 shares at Rs 346.74 each to acquire additional 25 percent in AS Strategic Private Limited (defence business). Corrigendum adds UBO details and pre and post-issue shareholding tables.

Likely market impact

Refines preferential issue and share-swap details for regulatory clarity. No material change to original terms. EGM vote on June 28.