Date: August 13, 2026
Buyback Details
SIS Limited has commenced its share buyback program as approved by the Board of Directors and communicated via letter dated August 5, 2026. The buyback was formally announced through a Public Announcement dated August 6, 2026.
Key Buyback Parameters:
- Buyback of fully paid-up equity shares of face value ₹5 each
- Aggregate maximum amount: ₹106.00 Crores (Rupees One Hundred and Six Crores only)
- Maximum price per share: ₹478.50 (Rupees Four Hundred and Seventy Eight and Fifty Paise only)
- Payment method: Cash
- Method: Open market through stock exchange mechanism
- Eligibility: Excludes promoters, members of the promoter group, or persons in control
Timeline:
- Commencement Date: August 13, 2026
- Closure Date: The earlier of:
- November 20, 2026 (expiry of sixty-six working days from commencement)
- When company completes buyback by deploying maximum buyback size
- Earlier date determined by Board/Buyback Committee, provided at least 75% of maximum amount (₹79.50 Crores) has been deployed
Governance:
- The buyback is being managed by a Buyback Committee constituted by the Board of Directors
- The committee exercises powers conferred by the Board in relation to the buyback