Description

BSE lists 10,24,69,664 equity shares of Sigma Advanced Systems Limited issued pursuant to a Scheme of Amalgamation with Sigma Advanced Systems Private Limited, effective March 04, 2026.

Summary

BSE has notified all market participants that 10,24,69,664 equity shares of Sigma Advanced Systems Limited (Scrip Code: 532408) are listed and permitted for trading on the Exchange effective Wednesday, March 04, 2026. These shares were issued pursuant to the Scheme of Amalgamation of Sigma Advanced Systems Private Limited (Transferor Company) with Sigma Advanced Systems Limited (Transferee Company) under Sections 230 to 232 of the Companies Act, 2013.

Key Points

  • 10,24,69,664 equity shares of Rs. 10/- each are newly listed on BSE
  • Shares issued under a Scheme of Amalgamation merging Sigma Advanced Systems Private Limited into Sigma Advanced Systems Limited
  • New shares rank pari-passu with existing equity shares of the company
  • ISIN: INE933B01012
  • Distinctive numbers range: 73770042 to 176239705
  • Date of allotment: January 16, 2026
  • Trading commences: March 04, 2026 (Wednesday)

Regulatory Changes

No new regulatory changes. This circular implements the outcome of a court/NCLT-approved Scheme of Amalgamation under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.

Compliance Requirements

  • Market participants should update their records to reflect the newly listed shares under ISIN INE933B01012
  • Brokers and depositories should ensure the new shares (Dist. Nos. 73770042 to 176239705) are recognized for trading from March 04, 2026

Important Dates

  • January 16, 2026: Date of allotment of new equity shares
  • March 02, 2026: Date of BSE notice (Notice No. 20260302-37)
  • March 04, 2026: Effective date for listing and trading of new securities

Impact Assessment

The listing adds over 102 million new equity shares to Sigma Advanced Systems Limited’s tradeable float as a result of the amalgamation. Shareholders of the erstwhile Sigma Advanced Systems Private Limited will now hold listed, tradeable equity shares in the combined entity. The pari-passu ranking ensures no differential rights relative to existing shareholders. Market participants should note the increase in total share capital when assessing liquidity and valuation metrics.

Impact Justification

Routine listing of new equity shares pursuant to a completed amalgamation scheme; affects existing and new shareholders of Sigma Advanced Systems Limited with over 100 million shares being admitted to trading.