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News Topical, Digital Desk : Stake Deal News: Megasoft's UK-based subsidiary, Sigma Advanced Systems UK Ltd., has completed a major deal. Sigma Advanced Systems has acquired UK-based precision engineering company Nasmyth Group Ltd. The company stated in a filing that it has completed a 100% stake purchase deal worth ₹213 crore.

The acquisition, expected to close within four weeks, will expand the company's global platform in the aerospace and defense sector as part of its inorganic growth strategy. 

India Connections Nasmyth Group has factories in the UK and India. The company specializes in complex precision engineering, advanced metal treatments, and special processes. It serves major OEM customers in the aerospace and defense sector. The company's revenue as of April 2025 was GBP 59.92 million, a growth consistent with previous years. Megasoft shares closed at the upper circuit of 5% on Monday and are projected to gain over 110% in 2025. This acquisition is considered a significant step in the company's corporate expansion strategy.
 

 


 


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