SIS LIMITED has informed the Exchange about submission of advertisement in relation to the dispatch of the letter of offer along with tender form for the buyback of equity shares
SIS · price
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SIS Limited has informed the stock exchanges that it has published a dispatch advertisement in connection with its ongoing buyback of equity shares (face value INR 5 each) through the tender offer route. The Letter of Offer, dated June 9, 2025, was electronically dispatched to eligible shareholders on June 10, 2025, based on the record date of June 6, 2025. The advertisement was published on June 11, 2025 in Business Standard (English and Hindi, all editions) and Aj (Hindi, Patna edition). DAM Capital Advisors Limited is acting as the manager to the buyback. This is a procedural compliance step under SEBI Buyback Regulations, 2018.
Eligible shareholders can now review the Letter of Offer and submit their tender forms to participate in the buyback. This announcement is a routine regulatory step and does not, by itself, change the buyback price or size, but signals that the tendering window is approaching.