Meeting Details
- Date: Sunday, June 28, 2026
- Time: 11:00 A.M. (IST)
- Mode: Video Conferencing/Other Audio-Visual Means (VC/OAVM)
- Deemed Venue: Registered Office at No. 43/1 (# 129 to # 140), Prestige Palladium, 8th Floor, Greams Road, Nungambakkam, Chennai, 600006, Tamil Nadu, India
Proposed Resolutions and Implications
Item No. 1: Preferential Issue for Cash Consideration
Special Resolution to issue 1,32,56,470 equity shares at ₹347 per share (including premium of ₹337) aggregating ₹459,99,95,090 to 35 allottees including mutual funds, companies, and individuals. Key allottees:
- Bank of India Flexi Cap Fund: 7,34,870 shares (₹25.50 crore)
- Bank of India Small Cap Fund: 6,80,115 shares (₹23.60 crore)
- Taurus Flexi Cap Fund: 3,45,821 shares (₹12.00 crore)
- Akshat Greentech Private Limited: 14,40,922 shares (₹50.00 crore)
- Bhaskara Rao Bollineni: 14,40,922 shares (₹50.00 crore)
- Amritha Vellodi: 14,40,922 shares (₹50.00 crore)
Objects:
- 75% (₹345 crore) for inorganic growth opportunities and strategic acquisitions
- 25% (₹115 crore) for general corporate purposes
Key Terms:
- Relevant date for floor price: May 29, 2026
- 90-day VWAP: ₹243.93, 10-day VWAP: ₹346.74
- Lock-in as per SEBI ICDR Regulations
- Monitoring agency: India Ratings & Research Private Limited
Item No. 2: Preferential Issue for Non-Cash Consideration
Special Resolution to issue 4,32,777 equity shares for acquiring 3,907 shares (25% stake) in AS Strategic Private Limited:
- SA Insights Private Limited: 1,38,462 shares
- Mr. Adhiraj Khanna: 2,94,315 shares
Valuation: Conducted by Sampath Soora, Registered Valuer (IBBI Reg No. IOV/2026-2027/12726)
Voting Process
- E-voting period: June 24, 2026 (9:00 AM) to June 27, 2026 (5:00 PM)
- Cut-off date: June 21, 2026
- Service provider: Central Depository Services (India) Limited (CDSL)
- Scrutinizer: Mr. M. Damodaran, Managing Partner of M/s M. Damodaran & Associates LLP
- Voting methods:
- Demat shareholders: Through CDSL/NSDL systems
- Physical shareholders: Through www.evotingindia.com
Compliance and Regulatory Aspects
- Conducted pursuant to MCA Circulars dated April 8, 2020, and subsequent circulars
- Complies with Companies Act, 2013 and SEBI ICDR Regulations
- Certificate from Practicing Company Secretary CS Prachi Bansal obtained
- All allottees are non-promoters category
Additional Information
- Notice available on company website: https://sigmaadvsys.com/investors-services/announcements/
- Pre- and post-issue shareholding patterns provided in Annexures A and B
- No change in control anticipated from either issuance
- None of directors/promoters are wilful defaulters or fugitive economic offenders