SIS Ltd buys back 57,000 shares at avg ₹429.28 on Sept 2

scanx
Reviewed by
Naman SScanX News Team
Key Highlights
  • SIS Limited bought back 57,000 equity shares on September 2, 2026
  • The average acquisition price was ₹429.28 per share, excluding transaction costs
  • Cumulative shares bought back under the scheme now stand at 8,01,000
  • All transactions were executed via Elara Securities across NSE and BSE
powered bylight_fuzz_icon
49908465

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

SIS Limited repurchased 57,000 equity shares on September 2, 2026, at an average price of ₹429.28, continuing its open market buyback program.

The acquisition brings the cumulative number of shares bought back to 8,01,000. The company executed these transactions through Elara Securities (India) Private Limited, purchasing shares from both the National Stock Exchange and BSE Limited.

Transaction Details

The daily buyback report filed with the exchanges outlines the specific breakdown of the shares acquired on this date. No positions were closed out during the session.

Broker Exchange Shares Bought Back Average Price (₹)
Elara Securities NSE 47,000 429.28
Elara Securities BSE 10,000 429.28

The average acquisition price excludes transaction costs. The total quantity of closed-out positions remains at zero, meaning the net increase in buyback volume matches the gross purchases for the day.

Regulatory Compliance

The buyback is being conducted in accordance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018. The daily report was submitted pursuant to Regulation 18 of these regulations. Pushpalatha Katkuri, Company Secretary and Compliance Officer, signed off on the disclosure.

Further details regarding the buyback are available on the company’s website and the respective exchange portals.

Historical Stock Returns for SIS

1 Day5 Days1 Month6 Months1 Year5 Years
+0.57%+4.09%+1.80%+40.85%+17.89%-10.21%

What is the remaining share quota and timeline for SIS Limited to complete its current open market buyback program?

How does the current average repurchase price of ₹429.28 compare to the company's historical valuation metrics and the upper limit set for this buyback scheme?

Will the reduction in outstanding shares significantly impact SIS Limited's earnings per share (EPS) and return on equity (ROE) in upcoming financial reports?

SIS Limited repurchases 55,000 shares at ₹429.94 average price

scanx
Reviewed by
Anirudha BScanX News Team
Key Highlights
  • SIS Limited repurchased 55,000 equity shares on September 1, 2026
  • Average acquisition price was ₹429.94 excluding transaction costs
  • Cumulative buyback total rises to 7,44,000 shares
  • Majority of volume (50,000 shares) executed on NSE
powered bylight_fuzz_icon
49815906

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

SIS Limited bought back 55,000 fully paid-up equity shares from the open market on September 1, 2026, at an average acquisition price of ₹429.94. The transaction was executed through Elara Securities (India) Private Limited.

The company disclosed the daily buyback report pursuant to Regulation 18 of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018. The repurchase activity adds to the cumulative total of shares bought back under the ongoing scheme.

Transaction Details

The shares were acquired across both major stock exchanges in India. The breakdown of the transaction is as follows:

Broker BSE Shares NSE Shares Total Shares Avg Price (₹)
Elara Securities 5,000 50,000 55,000 429.94

The average price excludes transaction costs. There were no closed-out quantities recorded for the day or previously under this scheme.

Cumulative Progress

As of September 1, 2026, the total number of equity shares bought back by SIS Limited stands at 7,44,000. This figure includes the 6,89,000 shares acquired prior to this date. No shares have been closed out since the inception of the buyback program.

What the Numbers Show

The concentration of purchases on the National Stock Exchange is notable, with 50,000 shares (approximately 91% of the day's volume) acquired via NSE compared to only 5,000 on BSE. This suggests a liquidity preference or execution strategy favoring the NSE platform for this specific tranche.

Historical Stock Returns for SIS

1 Day5 Days1 Month6 Months1 Year5 Years
+0.57%+4.09%+1.80%+40.85%+17.89%-10.21%

How does the current cumulative buyback volume of 7,44,000 shares compare to the total authorized limit under SIS Limited's ongoing buyback scheme?

What impact might the heavy concentration of trading on the NSE (91% of volume) have on future liquidity and price discovery for SIS Limited shares?

Given the average acquisition price of ₹429.94, is SIS Limited likely to accelerate its buyback pace if the stock price remains below this threshold?

More News on SIS

1 Year Returns:+17.89%