Megasoft Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 27, 2025-Regulation 30 and Regulation 44 (3) of the SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015 - Proceedings and details of voting results & Scrutinizer Report of the 25th Annual General Meeting of the Company respectively.
SIGMAADV · price
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Awaiting price reaction for this filing.
Megasoft Limited held its 25th Annual General Meeting on September 27, 2025, via video conferencing from 10:00 AM to 10:35 AM. All four resolutions were passed with requisite majority: (1) adoption of audited financial statements for FY ended March 31, 2025 (99.87% in favor), (2) re-appointment of Mr. Sunil Kumar Kalidindi as Director retiring by rotation (99.49% in favor), (3) appointment of Branch Auditor (99.49% in favor), and (4) appointment of M/s. M Damodaran & Associates LLP as Secretarial Auditor for five years from FY 2025-26 to FY 2029-30 (99.49% in favor). Out of 33,205 shareholders on the cut-off date, 72 individual shareholders and 1 non-individual shareholder attended through VC. The Chairman also shared that the company has received BSE, NSE and SEBI approvals for its merger with Sigma Advanced Systems Private Limited and is now awaiting NCLT approval, reaffirming the company's focus on the Aerospace & Defense sector and inorganic growth strategy.
This is a routine procedural filing confirming routine AGM business, with overwhelming shareholder support (over 99% in favor) on all resolutions, including director re-appointment and auditor appointments. The substantive takeaway is the update on the pending Sigma Advanced Systems merger awaiting NCLT clearance, which is a key catalyst for the stock.