SIS Ltd Approves Buyback of Equity Shares Worth ₹120 Cr

SIS Limited's Board of Directors has approved a proposal for a buyback of equity shares, marking the company's fifth such initiative. The buyback will be for an aggregate amount not exceeding ₹120 crores, with a maximum price of ₹478.50 per equity share. This price represents a 10% premium to the closing price on June 25, 2026. The mode of buyback and other terms are subject to final board and shareholder approval, and compliance with relevant regulations. Additionally, the board approved the continuation of Mr. Arvind Kumar Prasad as Whole-Time Director until April 23, 2027, subject to shareholder approval.