SIS Limited has approved a proposal to buy back its fully paid-up equity shares for an aggregate amount not exceeding ₹120 crore at a maximum price of ₹478.50 per share. This represents a 10% premium to the closing price of ₹435 on June 25, 2026. The buyback, which will be the company's fifth since listing in August 2017, is subject to shareholder approval and compliance with the Companies Act, 2013, and the SEBI (Buy-back of Securities) Regulations, 2018.

Board Approval and Buyback Details

The Board of Directors approved the proposal at its meeting held on June 29, 2026. The specific number of securities to be bought back and the exact percentage of existing paid-up capital will be determined following the completion of the buyback process. The company will make the requisite disclosures to the stock exchanges upon final approval of the detailed terms and conditions.

The key parameters of the proposed buyback are summarised below:

Director Continuation Approved

In addition to the buyback, the board approved the continuation of Mr. Arvind Kumar Prasad as Whole-Time Director of the company upon his attaining the age of 70 years. His term is extended until the end of his current tenure on April 23, 2027, subject to the approval of shareholders by way of a special resolution. Mr. Prasad, associated with the company since 1985, has over 37 years of experience in the finance function.

Pre-Buyback Shareholding Pattern

The following table presents the shareholding structure of SIS Limited prior to the buyback:

The intimation was signed by Pushpalatha Katkuri, Company Secretary and Compliance Officer of SIS Limited, on June 29, 2026.

SIS Ltd has increased its shareholding in Updater Services Limited to 4.63% through the acquisition of 1,78,000 equity shares. The transaction, completed on June 19, 2026, involved a cash consideration of ₹3.24 crore. This strategic move is part of the company's ongoing treasury management operations and does not constitute a related party transaction.

Following the acquisition, the aggregate shareholding of SIS Ltd in Updater Services stands at 30,99,000 equity shares. The target entity operates in the Integrated Facilities Management (IFM) and Business Support Services (BSS) industry. Updater Services reported a turnover of ₹1,762.41 crore for the financial year ended March 31, 2026, according to its audited financial statements.

The disclosure was submitted to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no governmental or regulatory approvals were required for this acquisition. Furthermore, the promoter, promoter group, and group companies of SIS Ltd do not hold any interest in Updater Services.

Financial Performance of Updater Services

The turnover of Updater Services has shown a consistent upward trend over the past three financial years.

Updater Services Limited was incorporated on November 13, 2003, and operates as an integrated business services platform. The company provides IFM and BSS solutions and is headquartered in Chennai. The acquisition of these shares represents a 0.27% increase in SIS Ltd's holding in the entity.