Sigma Advanced Systems EGM Approves Preferential Share Issues

EGM Details

The Extra-Ordinary General Meeting was held on Sunday, June 28, 2026, at 11:00 A.M. (IST) through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The meeting was convened in accordance with MCA Circulars No. 14/2020, 17/2020, 22/2020, 33/2020, 39/2020, 10/2021, 20/2021, 9/2024, and 03/2025, and SEBI Circulars No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167 and SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133. The business was conducted as per the EGM Notice dated June 6, 2026, and Corrigendum dated June 19, 2026.

Attendance

Directors Present:

• Mr. Sunil Kumar Kalidindi - Independent Director
• Lt Gen Raju Somashekar - Executive Director & Chief Executive Officer
• Baggavalli Amb. Dr. Venkata Nagendra Prasad Thatipamula - Non-Executive, Independent Director
• Mr. Cheemarla Damodar Reddy - Whole-Time Director (Executive, Promoter Category)
• Mrs. Leona Ambuja - Non-Executive, Non-Independent Director
• Mr. Suryanarayana Raju Nandyala - Non-Executive, Independent Director

In Attendance:

• Mr. Shridhar Thathachary – Chief Financial Officer
• Mr. Krishna Chaitanya Sadhu – Company Secretary and Compliance Officer
• Mr. Pramod Giridhar Raju - President, Corporate Finance and M&A

Invitees:

• CS M Damodaran, Partner, M/s. M Damodaran & Associates LLP (Secretarial Auditor & Scrutinizer)

Meeting Proceedings

Mr. Krishna Chaitanya Sadhu, Company Secretary and Compliance Officer, confirmed requisite quorum was present and called the meeting to order. Mr. Kalyan Vijay Sivalenka, Chairperson of the EGM & Non-Executive, Independent Director, occupied the chair as elected by the directors present.

Mr. Sunil Kumar Kalidindi, ED & CEO, addressed the members regarding:

• The company's strategic acquisitions and global expansion into the aerospace and defense sector
• Capital raising plans to support future growth
• Management's continuous evaluation of acquisition and investment opportunities across global markets
• Responses to member queries regarding business products, technology, proposed utilization of proceeds, and the company's two-year roadmap and growth strategies

The Chairperson thanked members for their trust and cooperation and acknowledged customers, suppliers, bankers, business associates, and employees.

Voting Process

Remote e-voting was provided to members through CDSL e-Voting platform and Easi/Easiest facility of CDSL & IDeAS facility of NSDL. The voting period commenced on June 24, 2026, at 9:00 A.M. and ended on June 27, 2026, at 5:00 P.M. CS M Damodaran was appointed as Scrutinizer to scrutinize the remote e-voting process and voting during the EGM.

Members who had not voted electronically were given an opportunity to cast their votes during the meeting. The results will be declared after receipt of the Scrutinizer's Report and will be placed on the company's website, CDSL's website, and available at the registered office. Results will be submitted to stock exchanges within two working days from the conclusion of the EGM.

Agenda Items

The following special business items were considered for member approval:

• Item No. 1: To consider and approve issue of equity shares on preferential basis for consideration in cash
• Item No. 2: To consider and approve issue of equity shares on preferential basis for consideration other than cash

All resolutions were deemed passed with requisite majority on June 28, 2026.

The meeting concluded at 12:03 P.M. The Chairperson authorized Mr. Krishna Chaitanya Sadhu, Company Secretary & Compliance Officer, and/or Mr. Shridhar Thathachary, Chief Financial Officer, to notify voting results to stock exchanges.