SIS Ltd buys back 1 lakh shares at avg price of ₹424.44

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • SIS Limited bought back 1,00,000 equity shares on September 17, 2026
  • Average acquisition price was ₹424.44 per share excluding transaction costs
  • Total cumulative buyback count reached 16,41,027 shares
  • Elara Securities executed trades across NSE and BSE platforms
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SIS Limited repurchased 1,00,000 fully paid-up equity shares on September 17, 2026, through the open market. The acquisition was executed via Elara Securities (India) Private Limited at an average price of ₹424.44 per share.

This transaction brings the total number of equity shares bought back by the company to 16,41,027. The daily report was 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.

Transaction Details

The buyback activity on September 17, 2026, was split across the two major stock exchanges. The company acquired 80,000 shares on the NSE and 20,000 shares on the BSE. No positions were closed out during this period.

Metric Value
Shares bought on NSE 80,000
Shares bought on BSE 20,000
Total shares bought today 1,00,000
Average acquisition price ₹424.44
Cumulative shares bought back 16,41,027

Regulatory Compliance

Pushpalatha Katkuri, Company Secretary and Compliance Officer of SIS Limited, signed the digital submission. The details are also available on the company website and the respective exchange portals. The face value of each equity share remains ₹5.

Historical Stock Returns for SIS

1 Day5 Days1 Month6 Months1 Year5 Years
+0.94%-1.58%-2.29%+51.42%+19.26%-12.93%

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 ₹424.44 compare to the company's current market valuation and historical trading ranges?

Will the reduction in outstanding shares significantly impact key metrics like Earnings Per Share (EPS) in upcoming financial reports?

SIS Ltd incorporates wholly owned subsidiary in Finland

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • SIS Limited incorporated SIS Global Workforce Solutions Finland Oy in Helsinki on August 31, 2026
  • The entity is a wholly owned subsidiary focused on personnel procurement services
  • Operations will involve deploying skilled Indian manpower to overseas markets
  • No consideration was paid, and the entity has not yet commenced commercial operations
  • The transaction is not classified as a related party deal
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SIS Limited has incorporated a wholly owned subsidiary in Finland to expand its global workforce solutions business. The new entity, SIS Global Workforce Solutions Finland Oy, was registered in Helsinki on August 31, 2026.

The company disclosed the incorporation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The subsidiary falls under the personnel procurement services sector.

Strategic Objectives

The primary objective of the Finnish entity is to provide global workforce solutions. This involves sourcing, training, upskilling, and deploying skilled, semi-skilled, and technical manpower from India to overseas markets.

The acquisition does not constitute a related party transaction. The promoter group and other group companies hold no separate interest in the entity. It operates as an indirect wholly owned subsidiary through SIS Global Workforce Solutions Private Limited.

Financial and Regulatory Details

The entity is newly incorporated and has not commenced commercial operations. Consequently, there is no historical turnover or financial data for the preceding three years. No cash consideration or share swap was involved in the incorporation, with the cost recorded as nil.

Detail Information
Entity Name SIS Global Workforce Solutions Finland Oy
Date of Incorporation August 31, 2026
Location Helsinki, Finland
Sector Personnel procurement services
Ownership 100% indirect control
Consideration Nil

No governmental or regulatory approvals were required for this acquisition. The filing was signed by Pushpalatha Katkuri, Company Secretary and Compliance Officer, on September 17, 2026.

Historical Stock Returns for SIS

1 Day5 Days1 Month6 Months1 Year5 Years
+0.94%-1.58%-2.29%+51.42%+19.26%-12.93%

What specific sectors or industries in Finland and the broader Nordic region is SIS Limited targeting for its initial workforce deployment?

How does this expansion into Finland align with SIS Limited's broader geographic strategy for the European market?

What are the projected timelines for the new entity to commence commercial operations and generate revenue?

More News on SIS

1 Year Returns:+19.26%