Buyback13 Aug 2026, 10:10 pm
SIS Ltd Commences ₹106 Cr Equity Share Buyback
AI Summary
SIS Limited has officially commenced its equity share buyback program, as announced on August 13, 2026. The buyback, approved by the board on August 5, 2026, aims to repurchase shares from the open market, excluding promoters and persons in control. The total amount allocated for the buyback is up to ₹106 Crores, with a maximum purchase price of ₹478.50 per share. The program is set to conclude on November 20, 2026, or earlier if the maximum buyback size is deployed or if the board decides to close it prematurely after deploying at least 75% of the earmarked funds (₹79.50 Crores).
Key Highlights
- SIS Ltd has started its share buyback program.
- The buyback is valued at a maximum of ₹106 Crores.
- Shares will be repurchased from the open market.
- The maximum price per share is ₹478.50.
- The buyback is scheduled to close by November 20, 2026.
Price Impact
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