SIS LIMITED (SIS) — Board Meeting

1 Board Meeting 🟡 Notable Neutral 📄 PDF

📢 Key Event
SIS announces fifth share buyback proposal

🔄 What Changed
Proposed buyback of Rs. 120 crore adds to cumulative capital return of ~Rs. 720 crore

🔮 What's Next
Final approval pending board and shareholder consent; details to be disclosed in statutory documents

💡 Investor Takeaway
This buyback reflects SIS's ongoing commitment to returning surplus capital to shareholders.

SIS Limited announced a proposed fifth share buyback of up to Rs. 120 crore, adding to its cumulative capital return of approximately Rs. 720 crore through dividends and previous buybacks since listing in 2017. The buyback will be executed at a 10% premium to the last closing price, subject to board and shareholder approvals, with details to be finalized.

2 Board Meeting 🟡 Notable Neutral 📄 PDF

📢 Key Event
Board approved buyback and director continuation

🔄 What Changed
Proposed INR 120 crores buyback at INR 478.50/share premium

🔮 What's Next
Shareholder approval required for buyback and director continuation

💡 Investor Takeaway
The buyback may support share price but requires shareholder vote before execution.

SIS Limited announced on June 29, 2026, that its board approved a buyback of up to INR 120 crores of shares at INR 478.50 per share, a 10% premium to the June 25 closing price, and extended Whole-Time Director Arvind Kumar Prasad's term until April 23, 2027, pending shareholder approval.

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