SIGMA ADVANCED SYSTEMS LIMITED has informed the Exchange about General Updates- Update On Sale of Investment in Extrovis AG, Switzerland
SIGMAADV · price
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Sigma Advanced Systems Limited has successfully completed the sale of its entire 36.52% shareholding in Extrovis AG, Switzerland. The company has received the sale consideration of USD 15 million, which works out to approximately INR 137.61 Crores. This is a follow-up to earlier disclosures made in July and August 2025 regarding the proposed sale. With the transaction now concluded, the company has fully exited its investment in the Swiss entity.
A positive development as the company has successfully monetised a foreign investment, bringing in roughly INR 137.61 Crores of cash. Shareholders may view this as a completed value-unlocking exercise, though how the proceeds are utilised will determine the longer-term impact on the stock.