SIS LIMITED — Dividend/Bonus, 26-06-2025: Post Buyback Public Announcement
26-06-2025 | 06:38 pm
26-06-2025 | 06:38 pm
SIS Limited has completed a tender offer buyback of 37.13 lakh shares at ₹404 per share, totaling ₹150 Cr. The buyback represented 2.57% of total equity capital. Bids received were 2.78 times the shares on offer. The company utilized approximately ₹150 Cr (excluding transaction costs). Post-buyback, paid-up equity shares will reduce from about 14.45 Cr to 14.08 Cr shares, improving return metrics and capital allocation efficiency. The extinguishment of these shares is underway and expected to be completed shortly.
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