SIGMA ADVANCED SYSTEMS LIMITED has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results. Disclosure of Voting Results under Regulation 44 (3) of the SEBI (Listing Obligations and Disclosure Requirements) 2015 & Scrutinizer Report on remote e-voting for the Postal Ballot Notice dated February 18, 2026
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Sigma Advanced Systems Limited (formerly Megasoft Limited) conducted a postal ballot through remote e-voting from February 19, 2026 to March 20, 2026 to seek shareholder approval for the appointment and re-designation of Mr. Cheemarla Damodar Reddy (DIN: 01643638) as Whole-Time Director (Executive, Promoter Category) for a term of five years effective February 14, 2026, along with his remuneration. Out of 176,239,705 total outstanding shares, 129,227,761 shares (73.32%) were voted, and the resolution was passed with overwhelming support: 129,221,976 votes (99.9955%) in favor and only 5,785 votes (0.0045%) against. The promoter and promoter group voted 100% in favor, while public non-institutions and institutions also strongly supported the resolution. The Scrutinizer, M. Damodaran of M Damodaran & Associates LLP, confirmed the resolution was passed as a Special Resolution with the requisite majority.
This is a routine regulatory filing confirming shareholder approval for a promoter-family director's appointment, with near-unanimous support and no meaningful dissent. No material price impact is expected; it simply formalizes the board change that was already in effect from February 14, 2026.