StockWatch
·
Diversified Commercial Services
Buyback17 Oct 2026, 09:30 am

SIS Ltd Completes ₹105.99 Cr Share Buyback

AI Summary

SIS Limited announced the closure of its share buyback program on October 16, 2026. The company successfully repurchased 25,02,674 equity shares at a volume-weighted average price of ₹423.55 per share, deploying ₹105.99 Crores, which is 100% of the maximum buyback size. The buyback, authorized by the Board on August 5, 2026, aimed to repurchase shares from the open market up to an aggregate amount not exceeding ₹106.00 Crores (₹106.00 Crore) and at a price not exceeding ₹478.50 per share. The buyback commenced on August 13, 2026, and excluded shares held by promoters. A post-buyback public advertisement will be released, and the shareholding pattern has been updated to reflect the changes, including the extinguishment of repurchased shares and shares allotted under ESOP.

Key Highlights

  • SIS Ltd concluded its open market share buyback on October 16, 2026.
  • Total deployed amount was ₹105.99 Crores, 100% of the maximum size.
  • 25,02,674 shares were repurchased at an average price of ₹423.55.
  • Buyback excluded shares held by promoters and promoter group.
  • Post-buyback shareholding patterns have been filed.