Key Transaction Details
- Acquisition Structure: Acquisition of 100% equity shareholding in Bromford Precision Solutions Limited, United Kingdom
- Acquiring Entity: Through Sigma Advanced Systems Limited's wholly owned subsidiary, Sigma Advanced Systems UK Limited
- Consideration: Cash consideration of GBP 11.89 million (approximately INR 153 Crores)
- Valuation Basis: Based on the Enterprise Value of the target entity
- Completion Timeline: Expected within 6 weeks from the disclosure date
Target Company Information
- Incorporation: United Kingdom
- Industry: Aerospace & Defence manufacturing
- Business: Specialized in complex aero engine rings and engine structures supplied directly to leading OEMs in the UK and Europe
Financial Performance of Target Company
Turnover History:
- Twelve-month period ending April 2026: Approximately Rs. 228.12 Crores (GBP 1.782 Crores)
- Twelve-month period ending April 2025: Approximately Rs. 154.92 Crores
- Twelve-month period ending April 2024: Approximately Rs. 89.36 Crores
Regulatory Approvals
- Required approval under National Security and Investment Act, UK has been obtained
- No other governmental or regulatory approvals mentioned as required
Transaction Characteristics
- Related Party Status: Not a related party transaction
- Promoter Interest: Promoter/promoter group/group companies have no interest in the entity being acquired
- Arm's Length: Implied to be at arm's length given the absence of related party connections
Strategic Rationale
The acquisition represents a key step in Sigma building a globally embedded aerospace and defence platform. It consolidates the company's position as a leading supplier to key OEMs in certain precision engineered parts and brings new product portfolios into Sigma's product offering.
Disclosure Compliance
Disclosure made pursuant to Regulation 30 read with Part A, Para A of Schedule III of SEBI (LODR) Regulations, 2015, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.