Sigma Advanced Systems Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/06/2026 ,inter alia, to consider and approve Intimation under Regulation ....
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Sigma Advanced Systems Ltd (formerly Megasoft Limited) has informed BSE/NSE that its Board of Directors will meet on June 4, 2026 to consider and approve the issue of equity shares on a preferential basis under SEBI's ICDR Regulations. The Board will also decide the issue price as permitted under applicable laws, subject to shareholder and regulatory approvals. Additionally, the Board will approve convening an Extra-Ordinary General Meeting (EGM) to seek shareholder approval for this preferential allotment. The trading window for designated persons has been closed with immediate effect until 48 hours after the Board meeting concludes.
If approved, this preferential equity issuance will lead to dilution of existing shareholders' stakes. The actual impact on the stock will depend on the issue price, size of the allotment, and identity of the allottees, which are yet to be disclosed. Shareholders should watch for the price determination and watch for the EGM notice for further details.