SIGMA ADVANCED SYSTEMS LIMITED has informed the Exchange about General Updates-Disclosure Under Regulation 30 of SEBI (LODR) Regulations, 2015- Ref: Our Earlier Disclosure dated Feb 10, 2026
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Sigma Advanced Systems Limited (formerly Megasoft Limited) has completed the acquisition of 51% stake in AS Strategic Private Limited, Delhi, India. This follows an earlier disclosure dated February 10, 2026, where the company had signed a Share Purchase Agreement for this acquisition. The transaction has been concluded after the Condition Precedents were met. The company now holds majority control in AS Strategic Private Limited.
This acquisition gives Sigma Advanced Systems majority ownership and control over AS Strategic Private Limited, potentially expanding the company's business footprint and revenue base. Shareholders may see this as a positive strategic move depending on the target company's financials and synergies.