NSEAgreements14 Jul 2026 · 14 Jul 2026, 06:41 am
Agreements
SIGMA ADVANCED SYSTEMS LIMITED · SIGMAADV
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Sigma Advanced Systems Limited has signed a Share Purchase Agreement to acquire 100% stake in Bromford Precision Solutions Limited in the United Kingdom, a leading Aerospace and Defence manufacturer.
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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
SIGMA ADVANCED SYSTEMS LIMITED has informed the Exchange about Agreements : Company has signed a Share Purchase Agreement for Acquisition of 100% Stake(Shareholding) in Bromford Precision Solutions Limited in the United Kingdom - Disclosure pursuant to Regulation 30 of Securities and Exchanges Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
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MEGASOFT_14072026064019_SASL_-_Bromford_acquisition_disclosure-signed.pdf
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Date:14th July 2026
BSE Limited National Stock Exchange of India Limited
Phiroze JeeJee Bhoy Towers Exchange Plaza
Dalal Street, Fort Bandra-Kurla Complex, Bandra(E)
Mumbai 400001 Mumbai 400051
Scrip Code: 532408 Symbol: SIGMAADV
Sub.: Disclosure pursuant to Regulation 30 of Securities and Exchanges Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015
Ref: Regulation 30 read with Part A, Para A of Schedule III of SEBI (LODR) Regulations,
2015
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we wish to inform you that,
the Company has signed a Share Purchase Agreement for Acquisition of 100% Stake
(Shareholding) in Bromford Precision Solutions Limited in the United Kingdom.
Details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, read with Schedule III of the said Regulations, SEBI Master
Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are
enclosed herewith as Annexure - I.
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
Annexure I
S. No. Particulars Details
1. Name of the target entity proposed to Sigma Advanced Systems Limited has
be acquired, details in brief such as signed a Share Purchase Agreement dated
size, turnover etc.; 13 July 2026 to acquire 100% Stake
(Shareholding) in Bromford Precision
Solutions Limited through its wholly
Owned Subsidiary, Sigma Advanced
Systems UK Limited.
Turnover for the twelve-month period
ended April 30th, 2026: GBP 1.782 Crores
(Rs. 228.04 Crores)
Website: https://www.bromfordps.co.uk/
2. Whether the acquisition would fall The acquisition will not fall within related
within related party transaction(s) and party transaction(s) and the promoter /
whether the promoter/ promoter group/ promoter group / group companies do not
group companies have any interest in have any interest in the entity being
the entity being acquired? If yes, nature acquired.
of interest and details thereof and
whether the same is done at “arm’s
length”;
3. Industry to which the entity proposed Aerospace & Defence
to be acquired;
4. Objects and impact of acquisition This acquisition is a key step in Sigma
(including but not limited to, disclosure building a globally embedded aerospace
of reasons for acquisition of target and defence platform. It consolidates our
entity, if its business is outside the main position as a leading supplier to key
line of business of the listed entity); OEMs in certain precision engineered
parts as well as brings in new product
portfolios into Sigma’s product offering.
5. Brief details of any governmental or The requisite approvals under National
regulatory approvals required for the Security and Investment Act, UK has
acquisition; been obtained.
6. Indicative time period for completion Within 6 weeks
of the acquisition;
7. Consideration - whether cash Cash Consideration
consideration or share swap or any
other form and details of the same;
8. Cost of acquisition and/or the price at GBP 11.89 Million (approx INR 153 Cr)
which the shares are acquired; which is based on the Enterprise Value of
the Target entity
9. Percentage of shareholding / control 100% of Equity Shareholding
acquired and / or number of shares
acquired;
10. Brief background about the entity Bromford Precision Solutions Limited,
acquired in terms of products/line of incorporated in the United Kingdom, is a
business acquired, date of leading Aerospace and Defence
incorporation, history of last 3 years manufacturer supplying specialised
turnover, country in which the acquired complex aero engine rings and engine
entity has presence and any other structures directly to leading OEMs in the
significant information (in brief); UK and Europe.
The details of the turnover as follows:
For the twelve-month period ending April
2026 – about Rs. 228.12 Cr.
For the twelve-month period ending April
2025 – about Rs. 154.92 Cr
For the twelve-month period ending April
2024 – about Rs. 89.36 Cr
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