Shareholders meeting

Date: September 30, 2026 BSE Limited National Stock Exchange of India Limited Phiroze JeeJeeBhoy Towers Exchange Plaza Dalal Street, Fort Bandra-Kurla Complex, Bandra(E) Mumbai 400001 Mumbai 400051 Scrip Code: 532408 Symbol: SIGMAADV Dear Sir(s), Sub: Submission of Summary of Proceedings of 26thAnnual General Meeting (AGM) of Sigma Advanced Systems Limited (Formerly Megasoft Limited) as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 In terms of the Ministry of Corporate Affairs (“MCA”) Circular No. 14/2020 dated April 8, 2020, Circular No.17/2020 dated April 13, 2020 and Circular No. 20/2020 dated May 05, 2020 and General Circular No. 09/2023 dated September 25, 2023, General Circular No. 09/2024 dated September 19, 2024 and General Circular No. 03/2025 dated September 22, 2025 issued by the Ministry of Corporate Affairs and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167 dated October 07, 2023 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 03, 2024, the 26th AGM of the Company was held on Wednesday, September 30, 2026 started at 10.15 A.M. (IST) through Video Conference('VC')/ Other Audio Visual Means ('OAVM') to transact the business as stated in the AGM Notice dated September 08, 2026. Please find enclosed herewith the summary of Proceedings of 26th Annual General Meeting of the Members of the Company. This is for your information and records. Thanking You, For Sigma Advanced Systems Limited (Formerly Megasoft Limited) Krishna Chaitanya Sadhu Company Secretary & Compliance Officer Summary of Proceedings of the 26thAnnual General Meeting (AGM) of the Members of the Company held on Wednesday, September 30, 2026 at 10:15 AM through Video Conferencing (‘VC’)/ Other Audio Visual Means(‘OAVM’). Directors' Present Lt. Gen. Raju Somashekar Baggavalli Non-Executive – Independent Director Amb. Dr. Venkata Nagendra Prasad Non-Executive – Independent Director Thatipamula Ms. Leona Ambuja Non-Executive – Non- Independent Director Mr. Sunil Kumar Kalidindi Executive Director and CEO Mr. Cheemarla Damodar Reddy Whole-Time Director Mr. Kalyan Vijay Sivalenka Non- Executive Independent Director. In Attendance Mr. Shridhar Thathachary Chief Financial Officer CS Krishna Chaitanya Sadhu Company Secretary & Compliance Officer Invitees Dr. Pramod Giridhar Raju President, Corporate Finance, M&A Statutory Auditors: Partner, M/s N.C.Rajagopal & Co., Chartered CA Arjun Subramanian Accountant CA Subramanian V Partner, M/s. N.C. Rajagopal & Co Chartered Accountants Secretarial Auditor & Scrutinizer Partner, M/s. M Damodaran & Associates LLP CS M Damodaran The 26th Annual General Meeting (AGM) of the Members of Sigma Advanced System Limited (Formerly Megasoft Limited) (‘the Company’) was convened and held on Wednesday, September 30, 2026 at 10:15 A.M. (lST) through Video Conferencing('VC')/ Other Audio Visual Means ('OAVM'). The Meeting was conducted in accordance with the various General Circular issued by the Ministry of Corporate Affairs (‘MCA’) and Securities and Exchange Board of India ('SEBI'). CS Krishna Chaitanya Sadhu, Company Secretary and Compliance Officer of the Company welcomed the Members to the Meeting and briefed them on details relating to their participation at the Meeting through Video Conferencing('VC')/ Other Audio Visual Means ('OAVM') and the requisite quorum was present. Lt. Gen. Raju Somashekar Baggavalli, Non-Executive – Independent Director of the Company as elected by the Directors present in the meeting occupied the Chair. He welcomed the Members at the Annual General Meeting of the Company. Upon confirmation that the requisite quorum was present, the meeting was called in order. Thereafter, the Chairman addressed the Members. The key highlights of the Chairman’s address are set out below: ● The Company completed its amalgamation and was renamed Sigma Advanced Systems Limited, emerging as an integrated aerospace and defence enterprise with a strengthened India– UK manufacturing footprint. ● FY 2025–26 consolidated revenue from operations stood at INR 491.88 crore, with total consolidated revenue of ₹787.68 crore and PAT of INR 268.04 crore, supported by strategic divestment and asset monetisation. ● Three strategic acquisitions by the Company, i.e. Nasmyth Group, AS Strategic Private Limited and Bromford Precision Solutions, expanding its aerospace and defence capabilities, international relationships and access to global programmes. ● Long-term Rolls-Royce contracts of approximately GBP 425 million were secured, while the new Sri City aerospace facility progressed from ground-breaking to production in just eight months, strengthening India’s role in the global supply chain aligned with Atmanirbhar Bharat. ● Going forward, the Company will focus on integrating its acquisitions, scaling Sri City, executing long-term contracts, expanding into subsystems and systems, and investing in technology, people and capabilities to drive sustainable long-term growth. Before concluding his speech, the Chairman thanked the Members for their trust and support and acknowledged with gratitude the valuable support and co-operation of customers, suppliers, bankers and business associates. He also appreciated all colleagues across India & U.K. for their contribution to the Company's performance and for their dedication and commitment. With the consent of the Members present, the Notice convening the AGM and the Auditor’s Report for the year ended March 31, 2026 was taken as read. Since there was no physical attendance of Members and in compliance with circulars issued by MCA and SEBI, the members were informed that the requirement of appointing proxies was not applicable. Thereafter, the management responded to queries of the members. Before taking up the items of the agenda, the Company Secretary informed the Members about the process of approval of the resolutions by the Members. He informed that as per the provisions of the Companies Act 2013 and SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, necessary remote e-voting facility was provided to the Members in order to exercise their right to vote for the resolutions in respect of the items of the agenda as set out in the notice through CDSL e-Voting platform and Easi / Easiest facility of CDSL & IDeAS facility of NSDL and the said e-voting had commenced on September 26, 2026 at 9.00 A.M. and ended on September 29, 2026 at 5.00 P.M. The Company had appointed M/s. M Damodaran & Associates LLP as the Scrutinizer to scrutinize the remote e-voting process and voting during the Annual General Meeting in a fair and transparent manner. In terms of Notice dated September 08, 2026 convening the 26th AGM of the Company, the following items of business, were taken up for members consideration and approval: ORDINARY BUSINESS Item No.1: Adoption of Financial Statements To receive, consider and adopt: i) The Audited Financial Statements of the Company for the year ended March 31, 2026, the report of the Auditors thereon and the Directors’ Report. ii) The Audited Consolidated Financial Statements of the Company for the year ended March 31, 2026 and the report of the Auditors thereon. Item No.2: Re-appointment of Director To appoint Director in place of Mr. Sunil Kumar Kalidindi (DIN- 02344343), who retires by rotation and, being eligible, offers himself for re-appointment Further those Members who could not vote electronically were given an opportunity to cast their votes by exercising their e-voting during the meeting. After giving sufficient time to the Members to vote during the Meeting, it was announced that the results of e-voting would be declared on receipt of the Scrutinizer's Report and shall be placed on the website of the Company and the website of CDSL, the agency providing e-voting facility. The same shall be submitted to stock exchanges within two working days from the conclusion of the AGM. All the resolutions [Showing first 8,000 characters — download PDF for full document]