Megasoft Limited has submitted the Exchange a copy of Srutinizers report of Court Convened General Meeting held on August 30, 2025 along with a copy of minutes.Disclosure of Voting Results under Regulation 44 (3) of the SEBI (Listing Obligations and Disclosure Requirements) 2015 & Scrutinizer Report of the meeting of the Equity Shareholders of Megasoft Limited held on Saturday, August 30, 2025, pursuant to the order of the Hon'ble National Company Law Tribunal, Chennai Bench I.
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Megasoft Limited's equity shareholders approved the Scheme of Amalgamation with Sigma Advanced Systems Private Limited at an NCLT-convened meeting held on August 30, 2025. Of the 33,31,85,85 shares polled through e-voting, 3,29,93,820 shares (99.03%) voted in favor and only 3,24,765 shares (0.97%) voted against. The resolution was passed with the requisite three-fourths majority, including the promoter group (100% in favor), and 95.64% of public shareholders also voted in favor. The scrutinizer confirmed the e-voting was conducted fairly and the scheme stands approved by the requisite majority of equity shareholders.
This is a major milestone toward completing the merger, but the scheme still requires final NCLT sanction, SEBI, Regional Director, and other regulatory approvals before becoming effective. Shareholders should expect the stock to react to the progress, with the final merger timeline depending on remaining regulatory clearances.