MediumPositive
Announced Tue, 30 Jun · 11:06 IST

SIS announces share buyback worth up to Rs 120 cr

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

SIS Limited has announced its fifth share buyback of up to Rs 120 crore at a maximum price of Rs 478.50 per share, representing a 10 percent premium to the June 25, 2026 closing price. The proposed programme, subject to regulatory and shareholder approvals, would take cumulative shareholder returns through buybacks and dividends to around Rs 720 crore since the August 2017 listing. Management stated the buyback is expected to be accretive to both EPS and return on capital, with around 25 lakh shares estimated to be bought back.