SIS Ltd buys back 50,000 shares at avg ₹416.83 on Oct 9

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • SIS Limited bought back 50,000 shares on October 9, 2026
  • Average acquisition price was ₹416.83 per share
  • Cumulative shares repurchased stand at 23,34,968
  • Broker Elara Securities executed trades on NSE and BSE
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SIS Limited acquired 50,000 equity shares on October 9, 2026, at an average price of ₹416.83 per share through its ongoing open market buyback program.

The transaction was executed by Elara Securities (India) Private Limited. Of the total shares purchased, 47,000 were acquired on the National Stock Exchange and 3,000 on the BSE. This daily acquisition brings the cumulative number of shares bought back to 23,34,968 as of the same date.

Buyback execution details

The company filed a daily report with stock exchanges pursuant to Regulation 18 of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018. The report details the specific broker activity and the cumulative progress of the buyback scheme.

Metric Value
Shares bought back on Oct 9 50,000
Average price (excluding costs) ₹416.83
Cumulative shares bought back 23,34,968
Quantity closed out today 0

Cumulative position analysis

As of October 9, 2026, the company has repurchased 23,34,968 shares. The report indicates that no shares were closed out during the day or in prior periods, meaning the gross quantity acquired remains the net figure for the cumulative count. The average acquisition cost of ₹416.83 excludes transaction costs, providing a baseline for the direct market expenditure per share for this specific trading session.

Historical Stock Returns for SIS

1 Day5 Days1 Month6 Months1 Year5 Years
+1.19%+0.84%-2.68%+41.70%+27.72%-16.96%

How will the remaining buyback quota impact SIS Limited's free float and liquidity on the NSE and BSE?

What is the projected timeline for completing the remaining shares in the buyback program given the current daily acquisition rate?

How might the sustained buyback activity at ₹416.83 influence institutional investor sentiment and future valuation multiples?

SIS Ltd buys back 22.84 lakh shares at avg ₹417.29 as of Oct 8

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Cumulative buyback stands at 22,84,968 equity shares as of October 8, 2026
  • Average acquisition price is ₹417.29 per share, excluding transaction costs
  • Elara Securities purchased 30,834 shares on October 8 across BSE and NSE
  • No shares were closed out during the reporting period or previously
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53026695

*this image is generated using AI for illustrative purposes only.

SIS Limited reported a cumulative buyback of 22,84,968 fully paid-up equity shares as of October 8, 2026. The shares were acquired from the open market at an average price of ₹417.29 per share, excluding transaction costs.

The daily report submitted to the National Stock Exchange and BSE details that Elara Securities (India) Private Limited executed the purchases on the reporting date. On October 8, 2026, the broker bought back 5,000 shares on BSE and 25,834 shares on NSE, totaling 30,834 shares for the day.

Buyback Execution Details

The buyback is conducted in terms of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018. The following table summarizes the share acquisition data for October 8, 2026:

Metric Value
Shares bought back on BSE 5,000
Shares bought back on NSE 25,834
Total shares bought back today 30,834
Average price of acquisition ₹417.29
Cumulative shares bought as on yesterday 22,54,134
Total quantity closed out 0
Total equity shares bought back (cumulative) 22,84,968

Regulatory Compliance and Reporting

The company stated that no shares were closed out on October 8, 2026, nor were there any shares closed out in prior periods up to the previous day. Consequently, the total quantity closed out remains zero. The cumulative count reflects the addition of the day's purchases to the previous day's total.

Pushpalatha Katkuri, Company Secretary and Compliance Officer, signed the report digitally on October 8, 2026. The company noted that these details are also available on its website and the websites of the respective stock exchanges where its shares are listed.

Historical Stock Returns for SIS

1 Day5 Days1 Month6 Months1 Year5 Years
+1.19%+0.84%-2.68%+41.70%+27.72%-16.96%

How will the completion of this buyback program impact SIS Limited's future earnings per share (EPS) and return on equity (ROE) metrics?

What is the remaining quota for the buyback, and what is the expected timeline for the company to exhaust its authorized capital allocation?

How might the sustained buying pressure from SIS Limited's open market purchases influence the stock's price stability and volatility in the coming weeks?

More News on SIS

1 Year Returns:+27.72%