Meeting Details
The 26th Annual General Meeting was held on Wednesday, September 30, 2026, through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting commenced at 10:15 AM and concluded at 11:10 AM IST.
Proposed Resolutions and Implications
Two ordinary resolutions were proposed for shareholder approval:
1. To receive, consider, and adopt: (i) The Audited Financial Statements for the year ended March 31, 2026, along with the Auditors' Report and Directors' Report; and (ii) The Audited Consolidated Financial Statements for the year ended March 31, 2026, along with the Auditors' Report.
2. To appoint Mr. Sunil Kumar Kalidindi (DIN: 02344343) as Director who retires by rotation and offered himself for re-appointment.
Voting Process and Methods
The voting process utilized remote e-voting through CDSL's platform, which commenced on September 26, 2026, at 9:00 AM and ended on September 29, 2026, at 5:00 PM. Additionally, e-voting facilities were provided during the AGM for members who had not voted remotely. M/s. M Damodaran & Associates LLP was appointed as the Scrutinizer to ensure a fair and transparent voting process.
Key Voting Outcomes
Resolution 1: Adoption of Financial Statements
- Total votes cast: 129,784,681 shares (68.33% of outstanding shares)
- Votes in favor: 129,783,778 shares (99.9993%)
- Votes against: 903 shares (0.0007%)
Category-wise Breakdown for Resolution 1:
- Promoter & Promoter Group: 125,516,948 shares voted (100% turnout), all in favor (100%)
- Public Institutions: 644,958 shares voted (16.62% turnout), all in favor (100%)
- Public Non-Institutions: 3,622,775 shares voted (5.98% turnout), 3,621,872 in favor (99.98%), 903 against (0.02%)
Resolution 2: Re-appointment of Director
- Total votes cast: 129,784,681 shares (68.33% of outstanding shares)
- Votes in favor: 129,782,463 shares (99.9983%)
- Votes against: 2,218 shares (0.0017%)
Overall Participation:
- Total shareholders as of cut-off date (September 23, 2026): 57,990
- 95 individual shareholders attended via VC/OAVM
- 0 non-individual shareholders attended via VC/OAVM
- No physical attendance or proxies were applicable
Scrutinizer's Role and Findings
M. Damodaran of M/s. M Damodaran & Associates LLP was appointed as Scrutinizer. The scrutinizer downloaded voting results on September 30, 2026, at 11:31 AM IST in the presence of two independent witnesses. The report confirmed that both resolutions were passed with the requisite majority. There were no invalid votes cast for either resolution.
Compliance with Regulations
The meeting was conducted in accordance with MCA General Circulars and SEBI regulations. All documents are being uploaded to the company's website as required. The results are being submitted to stock exchanges within two working days from the conclusion of the AGM.
Additional Financial and Business Information
During the AGM, the Chairman highlighted key business developments:
- The company completed its amalgamation and was renamed Sigma Advanced Systems Limited
- FY 2025-26 consolidated revenue from operations: ₹491.88 crore
- Total consolidated revenue: ₹787.68 crore
- PAT: ₹268.04 crore
- Strategic acquisitions included Nasmyth Group, AS Strategic Private Limited, and Bromford Precision Solutions
- Secured long-term Rolls-Royce contracts worth approximately GBP 425 million
- New Sri City aerospace facility became operational within eight months