Sigma Advanced Systems Approves Preferential Issue of ₹460 Cr

Sigma Advanced Systems Ltd announced the outcome of its Board Meeting held on June 4, 2026. The board approved a preferential issue of equity shares aggregating up to ₹459.99 crore to non-promoters at ₹347 per share. Additionally, the company approved the acquisition of an additional 25% stake in its subsidiary, AS Strategic Private Limited, through a share swap, issuing 4,32,777 equity shares. India Ratings and Research Private Limited has been appointed as the Monitoring Agency for the preferential issue. The board also approved the draft notice for an Extra-ordinary General Meeting (EGM) scheduled for June 28, 2026, to seek member approval for these proposals.