Sigma Advanced System Ltd

we wish to inform you that the Company has received letter dated April 04 2023 (attached as Annexure) from Ramanagaram Enterprises Private Limited (REPL) informing that the Honble National Company Law Tribunal Hyderabad Bench (NCLT) vide its order dated January 30 2023 (certified true copy of order issued on February 02 2023) has approved the Scheme of Amalgamation between Sri Power Generation (India) Private Limited (SPGIPL) (Promoter of the Company prior to above Amalgamation) Solar Integration Systems India Private Limited and Nimbha Biotech Private Limited (Transferor Companies) with Ramanagaram Enterprises Private Limited (REPL) (Transferee Company) (Promoter of the Company after the Amalgamation). SPGIPLwas holding 32286926 equity Shares of the Company (constituting 43.77% of Equity Share capital of the Company) which subsequent to the aforementioned amalgamation has ceased to exist and is no longer the promoter of the Company.