SIGMA ADVANCED SYSTEMS LIMITED has informed the Exchange regarding a press Note dated March 16, 2026, titled " Sigma Advanced Systems Reconstitutes Board to Support Next Phase of Global Growth- Inducts Lt. Gen. B. S. Raju, Ambassador Nagendra Prasad and Kartheek Raju. ".
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Sigma Advanced Systems, a domestic defence and aerospace company, has reconstituted its Board to support its next phase of global growth. Three new independent directors have been inducted: Lt. Gen. B. S. Raju (Retd.), a former Vice Chief of Army Staff with deep defence procurement experience; Ambassador Nagendra Prasad, a former IFS officer with expertise in international trade and export controls (including ITAR/EAR compliance); and Kartheek Raju, who brings experience in large-scale aerospace manufacturing and global supply chains. The Board is also strengthening its Audit, Risk, Nomination, and Remuneration committees to improve governance, compliance, and financial discipline. CEO Sunil Kalidindi stated the move is aimed at positioning the company for sustained expansion into international markets and global aerospace supply chains over the next 3–5 years.
For shareholders, this signals a stronger governance framework backed by high-credibility defence and international trade expertise, which could boost institutional confidence. The reconstitution aligns with the company's stated push into global aerospace markets and may support stock sentiment positively if execution follows.