Megasoft Share Price Jumps 5% as Subsidiary Acquires UK-Based Nasmyth Group for ₹213 Crore to Boost Aerospace Presence

Hyderabad, October 28: Megasoft Limited share price has hit its 5% upper circuit today, on October 28. As of 12:15 PM, Megasoft shares are up by 5%, or 9.27 points, and are trading at ₹194.70. Until now, the shares have traded within a range of ₹194.70 and ₹194.70, as the shares hit the 5% upper circuit right after the market opened. The current traded volume stands at 83.82 thousand shares, with the company’s market cap at ₹1,368 crore. The shares of the company have their 52-week high at ₹194.70 and their 52-week low at ₹49.06.

Megasoft Limited is an Indian technology company that provides cloud and cybersecurity services. The company was established in 1999, and is headquartered in Hyderabad, Telangana. The shares of the company are listed on NSE with the ticker symbol MEGASOFT and on BSE with the code 532408.

Key Trigger: Subsidiary Acquires UK-Based Nasmyth Group for ₹213 Crore

The rise in the share price comes after the company announced that its wholly owned subsidiary, Sigma Advanced Systems UK Ltd, has signed a definitive Share Purchase Agreement to acquire 100% stake in Nasmyth Group Limited, United Kingdom. For the acquisition, Sigma Advanced Systems will pay GBP 17.80 million (approximately ₹213 crore). The subsidiary is required to complete the transaction within 4 weeks, and the mode of payment will be 100% cash.

Strategic Expansion in Aerospace & Defence

The acquisition will allow Megasoft to utilise a global platform in the Aerospace and Defence sector. With the acquisition, it will be able to ensure faster inorganic growth, and increase its international reach. The company has already announced that it has secured all the necessary approvals under the UK National Security and Investment Act.

REF: https://nsearchives.nseindia.com/corporate/MEGASOFT_28102025004140_Disclosure.pdf

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