EGM held; preferential equity share issue resolutions considered

Board & Shareholder Meetings View source PDF

SIGMAADV · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-11.2%1-day move

₹625.00

prior close

₹612.80

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-4.7-4.7-4.7-4.7-11.2-7.0-10.1-12.3-13.8-15.1-14.4———

Up moveDown movePending

AI summary

Sigma Advanced Systems (formerly Megasoft) held an EGM on June 28, 2026 via video conferencing. Two special resolutions were tabled: issue of equity shares on preferential basis for cash consideration, and issue of equity shares on preferential basis for non-cash consideration. CEO outlined strategic acquisitions in Aerospace and Defence and plans to raise capital for global expansion. E-voting results to be declared within 2 working days.

Likely market impact

Preferential share issuance may dilute existing holders. Await e-voting results within 2 working days.