Megasoft Limited has informed the Exchange about General Updates- Certified True Copy ( CTC ) of the Final order dated December 16, 2025, ( Order ) passed by Hon ble National Company Law Tribunal, Chennai Bench for sanctioning the Scheme of Amalgamation amongst Sigma Advanced Systems Private Limited ( Transferor Company ) and Megasoft Limited ( Transferee Company ) and their respective shareholders and creditors under Section 230- 232 and other applicable provisions of the Companies Act, 2013 ( Scheme ).
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The NCLT Chennai Bench has passed a final order on December 16, 2025, sanctioning the Scheme of Amalgamation between Sigma Advanced Systems Private Limited (Transferor Company) and Megasoft Limited (Transferee Company) under Sections 230-232 of the Companies Act, 2013. The scheme, which also covers their respective shareholders and creditors, has now received formal regulatory approval after the certified true copy of the order was filed with the exchange. With NCLT clearance secured, the merger process can now move toward the next steps, including formal filing with the Registrar of Companies and allotment of shares. Sigma Advanced Systems, the entity being merged, will cease to exist as a separate company upon completion of the scheme.
Investors in Megasoft Limited should expect share issuance or restructuring adjustments as the merger takes effect, which could lead to equity dilution depending on the swap ratio. For Sigma Advanced Systems stakeholders, shares of the transferor company will be cancelled and exchanged for Megasoft shares as per the approved swap ratio, completing their exit from the standalone entity.