Announced Mon, 29 Jun · 18:13 IST
SIS Limited board approves INR 120 crore buyback at up to Rs 478.50 per share
Corporate Actions View source PDF
SIS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.3%1-day move
₹436.65
prior close
₹429.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.5-0.9-1.1-1.1-3.3-2.5-2.4-2.0-1.5+0.7+1.0———
Up moveDown movePending
AI summary
SIS Limited board approved its fifth buyback since listing, for up to INR 120 crores at a max price of INR 478.50 per share, a 10 percent premium over the June 25 closing price. Mode and final terms await shareholder and board approval. Separately, Mr Arvind Kumar Prasad to continue as Whole-Time Director until April 23, 2027, subject to shareholder nod.
Likely market impact
Buyback signals capital return to shareholders and may support share price. Subject to shareholder and regulatory approvals before execution.