NSEPress Release14 Jul 2026 · 14 Jul 2026, 06:47 am
Press Release
SIGMA ADVANCED SYSTEMS LIMITED · SIGMAADV
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Sigma Advanced Systems Limited has acquired UK-based Bromford Precision Solutions Limited for INR 153 crores, strengthening its position in the Rolls-Royce supply chain and creating a global precision manufacturing platform.
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SIGMA ADVANCED SYSTEMS LIMITED has informed the Exchange regarding a press noted dated July 14, 2026, titled "Defense and Aerospace major, Sigma Advanced Systems, Acquires UK based Bromford Precision Solutions for INR 153 crores".
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Date: July 14, 2026
BSE Limited National Stock Exchange of India
Phiroze JeeJee Bhoy Towers Limited
Dalal Street, Fort Exchange Plaza
Mumbai 400001 Bandra-Kurla Complex, Bandra(E)
Scrip Code: 532408 Mumbai 400051
Symbol: SIGMAADV
Sub.: Press Note
Dear Sir/Madam,
With reference to the above cited subject, pursuant to Regulation 30 of the SEBI (Listing Obligations
and Disclosure Requirement) Regulations, 2015, please find attached the Press Note with the title:
“Defense and Aerospace major, Sigma Advanced Systems, Acquires UK based Bromford
Precision Solutions for INR 153 crores”
You are requested to kindly take the above information on record.
Thanking you,
Yours faithfully,
For Sigma Advanced Systems Limited
(Formerly Megasoft Limited)
Krishna Chaitanya Sadhu
Company Secretary & Compliance Officer
Defense and Aerospace major, Sigma Advanced Systems, Acquires UK
based Bromford Precision Solutions for INR 153 crores
GBP 11.89 million acquisition adds Rolls-Royce and Siemens-approved UK manufacturing capability
Hyderabad, July 14, 2026: Sigma Advanced Systems Limited (“Sigma”), a leading Indian aerospace
precision engineering company, today announced the acquisition of 100% of the equity share capital
of Bromford Precision Solutions Limited (“Bromford”), a leading UK-based specialist manufacturer of
high-precision, complex aeroengine rings and other engine structures.
The transaction, valued at approximately GBP 11.89 million (approximately INR 153 crore), is expected
to close by end July 2026, subject to customary closing conditions. The transaction represents an
enterprise value to adjusted EBITDA (CY2026 estimate) multiple of approximately 4.6x, reflecting
Sigma’s disciplined approach towards value-accretive strategic acquisitions.
Creating a global precision manufacturing platform
The acquisition marks a significant milestone in Sigma's international growth strategy, strengthening
its position within the Rolls-Royce supply chain while complimenting its UK division, Nasmyth Group.
Bromford's capabilities directly complement Sigma’s expertise in manufacturing larger components
for the same OEM customers, giving the combined platform a deeper full-range product offering for
global aerospace and power generation customers. In addition, Bromford brings new product
offerings through long term contracts to manufacture components such as engine lock plates which
compliment the larger structural components manufactured by Sigma.
Founded in 1988, Bromford operates from its facility in Leicestershire, UK, and specialises in
manufacturing complex aeroengine ring components and other complex precision-machined
aeroengine structures such as compressor casings, ducts, brackets, and lock plates.
Bromford is an operationally profitable business, with demand from key customers driving the growth
of the business.
Value creation plan
Sigma intends to apply the operational playbook used at its other overseas operations to create
sustained value at Bromford over the next few quarters, through three initiatives:
Margin expansion: Targeting an EBITDA margin improvement through capital investment and
automation.
India-based manufacturing: Transitioning select component manufacturing to India, mirroring the
existing Sigma model to optimise costs and enhance competitiveness, to drive margin expansion.
Revenue growth: Achieving revenue growth through deeper penetration with leading OEM customers
and expansion of long-term agreements.
Bromford's experienced management team will continue to lead day-to-day operations, supported by
the broader Sigma leadership team.
Commenting on the acquisition, Sunil Kalidindi, Chief Executive Officer, said, "This acquisition
strengthens Sigma's position within one of the most demanding aero engine supply chains in the world.
Bromford brings precision manufacturing capability that complements us directly, and together the
enlarged group creates one of the most capable ring and casing manufacturing platforms globally. We
look forward to building on Bromford's three decades of engineering heritage as part of Sigma's broader
platform."
Through strategic acquisitions, advanced manufacturing capabilities and cross-border integration,
Sigma is steadily evolving from an India-based precision engineering company into a globally
integrated aerospace and defence platform. With operations spanning India and the UK, the company
is creating a differentiated manufacturing ecosystem that supports leading international customers
across aerospace and defence, while strengthening India’s role in the global supply chain.
About Sigma Advanced Systems Limited
Sigma Advanced Systems Limited (listed on the BSE and NSE) is a leading Indian aerospace and
defence precision components manufacturer with a growing international footprint. The company
designs, develops, and manufactures mission-critical systems and components across avionics,
naval systems, radars, communication systems, and aerospace, built on its in-house Build-to-Spec
engineering capability. Through its UK subsidiary, Nasmyth, Sigma has established a strong presence
in the global aerospace supply chain, producing complex precision components to the highest
international standards.
About Bromford Precision Solutions Limited
Bromford Precision Solutions Limited is a UK-based specialist manufacturer of high-precision gas
turbine ring components, aerospace structures, and advanced machined parts, serving customers
across the global aerospace and power generation sectors. Founded in 1988 and based in
Leicestershire, the company has built a long-standing reputation for precision engineering, backed by
approvals from leading OEMs including Rolls-Royce and Siemens. Bromford's capabilities support
some of the most demanding manufacturing programmes in the industry.