Postal ballot for promoter director appointment

Promoter Family Board EntryManagement Changes View source PDF Explain this filing

SIGMAADV · price

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Price reactionminutes from the announcement price · days from the prior close

+5.1%Reaction day

₹173.00

prior close

₹181.88

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.3%+4.8% vs market

On the reaction day the stock moved 4.8 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

+5.1+0.3+4.8

Next day

+5.6-1.1+6.7

+3.0-1.3+4.3

-0.3-1.1+0.9

-3.3-2.4-0.9

-4.6-2.2-2.4

-8.0-3.0-5.0

15d

-12.0-7.5-4.4

-8.1-7.4-0.6

+19.0+1.9+17.1

+76.3+3.6+72.7

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Sigma Advanced Systems has sent a postal ballot notice seeking shareholder approval to appoint and re-designate Mr. Cheemarla Damodar Reddy as Whole-Time Director (Executive, Promoter Category) for 5 years effective February 14, 2026. He is the founder of the company with over 37 years of experience in defence and aerospace. Proposed salary is INR 80 lakhs per annum. E-voting runs from February 19 to March 20, 2026.

Likely market impact

Promoter founder elevated to executive director; shareholders to vote by March 20, 2026