SIS Limited buys back 89,000 shares at avg price of ₹431.72

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Reviewed by
Naman SScanX News Team
Key Highlights
  • SIS Limited bought back 89,000 equity shares on September 8, 2026
  • The average acquisition price was ₹431.72 per share excluding costs
  • Cumulative buyback volume reached 10,26,027 shares
  • Elara Securities acted as the broker for the open market transactions
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SIS Limited repurchased 89,000 equity shares on September 8, 2026, at an average acquisition price of ₹431.72. The transaction brings the cumulative total of shares bought back to 10,26,027.

The daily buyback activity was executed through Elara Securities (India) Private Limited across both major exchanges. The company disclosed these details in a report submitted to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 18 of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018.

Buyback Execution Details

The shares acquired on September 8 were split between the two exchanges, with the majority purchased on the NSE. No positions were closed out during the day.

Metric Value
Shares bought on NSE 80,000
Shares bought on BSE 9,000
Total shares bought today 89,000
Average acquisition price ₹431.72

The average price excludes transaction costs. The cumulative figure accounts for shares bought previously minus any closed-out quantities, which remained at zero as of yesterday and for the current day.

Regulatory Compliance

The buyback is being conducted in terms of the SEBI (Buy-Back of Securities) Regulations, 2018, as amended. The details are available on the company’s website and the respective stock exchange portals. Pushpalatha Katkuri, Company Secretary and Compliance Officer, signed the disclosure.

Historical Stock Returns for SIS

1 Day5 Days1 Month6 Months1 Year5 Years
-0.21%-0.21%-1.66%+43.59%+19.99%-11.52%

What is the total authorized buyback limit for SIS Limited, and how much capital remains available for future repurchases?

How does the average acquisition price of ₹431.72 compare to the company's current market price, and what does this indicate about management's valuation outlook?

Will the completed shares be cancelled immediately to improve EPS, or will they be held in treasury for potential employee stock option plans?

SIS buys back 83,000 shares at ₹434.73 average price

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • SIS Limited bought back 83,000 equity shares on September 7, 2026
  • The average acquisition price was ₹434.73, excluding transaction costs
  • Cumulative buyback total rises to 937,027 shares
  • Transactions executed via Elara Securities across NSE and BSE
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*this image is generated using AI for illustrative purposes only.

SIS Limited bought back 83,000 equity shares from the open market on September 7, 2026. The company acquired the stakes at an average price of ₹434.73, excluding transaction costs. This daily transaction brings the cumulative total of repurchased shares to 937,027.

The buyback is being executed in compliance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended. The company filed the daily report with both the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 18 of the Buyback Regulations.

Transaction Details

The repurchase activity was facilitated through Elara Securities (India) Private Limited. The shares were acquired across both major exchanges.

Broker BSE Shares NSE Shares Total Shares Average Price (₹)
Elara Securities 13,000 70,000 83,000 434.73

Cumulative Position

As of September 7, 2026, the total quantity of equity shares bought back stands at 937,027. This figure includes the 854,027 shares repurchased prior to this date. There were no closed-out quantities reported for the day or in previous periods, meaning the net position remains unchanged by any sell-offs.

What the Numbers Show

The acquisition of 83,000 shares represents a significant daily volume relative to the cumulative total. With 937,027 shares now off the market, the company continues its capital return program without any offsetting sales, indicating a consistent reduction in outstanding float.

Historical Stock Returns for SIS

1 Day5 Days1 Month6 Months1 Year5 Years
-0.21%-0.21%-1.66%+43.59%+19.99%-11.52%

What is the total monetary limit authorized for this buyback program, and how much capital remains available for future repurchases?

How might the continued reduction in outstanding shares impact SIS Limited's earnings per share (EPS) and return on equity (ROE) in upcoming quarters?

Is the current average buyback price of ₹434.73 indicative of management's belief that the stock is undervalued relative to its intrinsic worth?

More News on SIS

1 Year Returns:+19.99%