Buyback5 Aug 2026, 07:20 pm
SIS Ltd Approves Share Buyback Up To ₹106 Cr
AI Summary
SIS Ltd's Board of Directors has approved a share buyback program through the open market route. The buyback will be conducted at a maximum price of ₹478.50 per share, with an aggregate amount not exceeding ₹106.00 Crores. The company plans to buy back a maximum of 22,15,256 equity shares, representing approximately 1.57% of its paid-up capital. Promoters and persons in control will not participate in this buyback. The board also approved the unaudited financial results for the quarter ended June 30, 2026.
Key Highlights
- Board approves share buyback via open market.
- Maximum buyback price set at ₹478.50 per share.
- Total buyback size capped at ₹106 Crores.
- Indicative maximum shares to be bought back: 22,15,256.
- Promoters are excluded from participating in the buyback.
Price Impact
More from SIS