Announced Tue, 4 Aug · 19:37 IST
Sigma Advanced Systems allots 4.32 lakh shares at Rs 347 on preferential basis
SIGMAADV · price
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Price reaction · full curve 14 horizons · vs prior close
+1.4%1-day move
₹687.40
prior close
₹685.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.7-0.5-1.7+3.7+1.4+2.1+2.3+1.5-0.2-3.4+5.8+7.2——
Up moveDown movePending
AI summary
Board of Sigma Advanced Systems allotted 4,32,777 equity shares at Rs 347 per share (face value Rs 10) on a preferential basis for non-cash consideration, following EGM approval on June 28, 2026. Post-allotment paid-up equity capital rises to 18,99,28,952 shares worth Rs 1,89,92,89,520. The issue price is a significant premium over face value.
Likely market impact
About 2.3 percent equity dilution from this tranche. Non-cash consideration points to a share swap, likely for an acquisition. Premium pricing is favourable for existing shareholders.