Megasoft Limited — Others, 29-07-2025: Shareholders meeting
29-07-2025 | 12:26 pm
29-07-2025 | 12:26 pm
Megasoft Limited's shareholders will convene on Saturday, August 30, 2025, to consider a proposed merger with Sigma Advanced Systems Private Limited. This strategic amalgamation aims to significantly expand Megasoft's presence in the Aerospace and Defence sector, leveraging Sigma's established business for enhanced scale and operational efficiency. The share exchange is set at 316 Megasoft shares for every 100 Sigma shares. This will increase the promoter group's stake in Megasoft to 72.82%, with public shareholding adjusting to 27.18%. Expected EPS growth from 1.02 to 1.10 highlights the financial upside for investors. The company's name will also change to 'Sigma Advanced Systems Limited'.
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