Sigma Advanced Systems raises Rs 460 crore via preferential allotment

Sigma Advanced Systems secured Rs 460 crore through preferential allotment for expansion. Spark Capital led the fundraising, placing funds with family offices and UHNIs. The company recently acquired Bromford Precision Solutions in the UK. Sigma also secured a Rs 3,800 crore contract from Rolls-Royce. This capital will support global manufacturing and evolving customer requirements.

Raccontata daeconomictimes.indiatimes.com