SIS LIMITED — Board Meeting, 25-11-2024: Outcome of Board Meeting

The Board of Directors of SIS Limited has announced a board meeting outcome, confirming the approval to raise additional funds through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis for up to ₹60 Crores. This brings the total approved issuance of NCDs to ₹250 Crores following a prior approval of ₹190 Crores. This strategic move is aimed at enhancing the company’s financial flexibility.