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Investment19 Jul 2026, 09:30 am

Sigma Advanced Systems Allots 1.32 Cr Shares for ₹460 Cr

AI Summary

Sigma Advanced Systems Ltd has approved the allotment of 1,32,56,470 equity shares of face value ₹10 each at an issue price of ₹347 per share (including a premium of ₹337) on a preferential basis for cash. This allotment, approved via circular resolutions on July 18, 2026, aggregates to ₹459,99,95,090. The decision follows earlier disclosures and an EGM approval on June 28, 2026. Post-allotment, the company's paid-up equity share capital will increase to ₹1,89,49,61,750, representing 18,94,96,175 equity shares.

Key Highlights

  • Allotment of 1,32,56,470 equity shares at ₹347 each.
  • Total funds raised amount to ₹459.99 Crores.
  • The allotment is on a preferential basis for cash consideration.
  • Paid-up equity share capital increases to ₹189.50 Crores.