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Corporate Action4 Aug 2026, 07:43 pm

Sigma Advanced Systems Allots 4.32 Lakh Shares on Preferential Basis

AI Summary

Sigma Advanced Systems Ltd has approved the allotment of 4,32,777 equity shares of face value ₹10 each at an issue price of ₹347 per share on a preferential basis for consideration other than cash. This allotment was approved by the Board of Directors via circular resolutions dated August 04, 2026, and follows approvals from the Extra-Ordinary General Meeting held on June 28, 2026. Post-allotment, the company's paid-up equity share capital will increase to 18,99,28,952 shares amounting to ₹1,89,92,89,520.

Key Highlights

  • Allotment of 4,32,777 equity shares approved.
  • Issue price fixed at ₹347 per share.
  • Allotment is for consideration other than cash.
  • Paid-up capital increases to 18,99,28,952 shares.