Megasoft Limited has informed the Exchange regarding a Press Note dated February 03, 2026, titled " Sigma Advanced Systems and Indrajaal enter ₹250 crore strategic partnership for counter-drone systems, anchored in indigenous Radar and Electronic Warfare Technology.
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Sigma Advanced Systems has entered into a ₹250 crore strategic partnership with Indrajaal to develop and deploy counter-drone systems. The collaboration will be anchored in indigenous Radar and Electronic Warfare (EW) technology, signalling a focus on self-reliance in defence tech. The partnership positions Sigma Advanced Systems in the fast-growing counter-unmanned aerial systems (C-UAS) segment, which is seeing strong demand from military and homeland security customers. The deal size of ₹250 crore is significant and could translate into multi-year revenue visibility for the company.
Positive for shareholders — the partnership gives Sigma Advanced Systems exposure to a high-growth defence segment with a marquee technology partner, potentially boosting order book and revenue. Stock may see positive sentiment given the indigenous technology angle and large deal size.