Megasoft Limited announced the outcome of its Board Meeting held on January 16, 2026. The board approved the allotment of 10,24,69,664 equity shares of Rs. 10 each to the shareholders of Sigma Advanced Systems Private Limited as part of a Scheme of Amalgamation. Following this allotment, the company's total equity shares will stand at 1,76,23,97,050.

Additionally, the board appointed Mr. Raju Somashekar Baggavalli as an Additional Director (Non-Executive, Independent). The company also approved the shifting of its corporate office and the place for keeping books of accounts from Madhapur, Hyderabad, to Raviryala Village, Maheswaram Mandal, Hyderabad, effective January 16, 2026. The registered office will also be shifted within Chennai, Tamil Nadu, effective the same date.

Furthermore, the company's name has been changed from Megasoft Limited to Sigma Advanced Systems Limited. Consequently, the investor email ID has been updated to investors@sigmaadvsys.com and the company website to www.sigmaadvsys.com. The Board Meeting commenced at 3:00 PM and concluded at 4:00 PM.