Description

BSE announces listing and trading permission for 10,24,69,664 equity shares of Sigma Advanced Systems Limited issued pursuant to a Scheme of Amalgamation, effective March 04, 2026.

Summary

BSE has announced the listing and trading permission for 10,24,69,664 equity shares of Sigma Advanced Systems Limited (Scrip Code: 532408), issued pursuant to a Scheme of Amalgamation between Sigma Advanced Systems Private Limited (Transferor Company) and Sigma Advanced Systems Limited (Transferee Company), effective March 04, 2026.

Key Points

  • 10,24,69,664 new equity shares of Rs. 10/- each are listed on BSE.
  • Shares issued under a Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013.
  • The new shares rank pari-passu with existing equity shares of the company.
  • ISIN: INE933B01012.
  • Distribution Numbers: 73770042 to 176239705.
  • Date of Allotment: January 16, 2026.

Regulatory Changes

No new regulatory changes. This listing is pursuant to an approved Scheme of Amalgamation under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.

Compliance Requirements

  • Market participants are informed to update their records to reflect the newly listed securities.
  • The new shares carry the same rights and ranking as existing equity shares (pari-passu).

Important Dates

  • Date of Allotment: January 16, 2026
  • Effective Date of Trading: March 04, 2026 (Wednesday)
  • Notice Date: March 02, 2026

Impact Assessment

The listing adds over 102 million new equity shares to the tradeable float of Sigma Advanced Systems Limited on BSE. Existing shareholders may see dilution effects depending on the amalgamation terms. The shares are tradeable from March 04, 2026, which may influence short-term price discovery for the scrip. The amalgamation consolidates Sigma Advanced Systems Private Limited into the listed entity, potentially streamlining operations and corporate structure.

Impact Justification

Routine listing of new equity shares issued under a scheme of amalgamation. Affects existing and new shareholders of Sigma Advanced Systems Limited but is a standard corporate action with limited broader market impact.