SIS Limited Completes CCPS Acquisition in Installco Wify Technology

1 min read     Updated on 16 Oct 2025, 05:56 PM
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Reviewed by
Naman SharmaScanX News Team
Overview

SIS Limited has completed the acquisition of 4,197 Compulsorily Convertible Preference Shares (CCPS) in Installco Wify Technology Private Limited (Wify). This is part of a larger investment plan totaling up to INR 8.00 crores, aiming for a 4.56% stake in Wify. The investment includes both secondary (equity shares from existing shareholders) and primary (CCPS subscription) components. SIS Limited disclosed this update in compliance with SEBI regulations.

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

SIS Limited has successfully completed its acquisition of Compulsorily Convertible Preference Shares (CCPS) in Installco Wify Technology Private Limited (Wify), as part of its previously announced investment plan.

Investment Details

SIS Limited has been allotted 4,197 CCPS with a face value of INR 10.00 each in Wify. This acquisition is part of the company's broader investment strategy in Wify, which includes:

  1. Acquisition of equity shares from existing shareholders (secondary investment)
  2. Subscription to CCPS (primary investment)

The total investment plan amounts to up to INR 8.00 crores, targeting an aggregate shareholding of 4.56% in Wify.

Corporate Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SIS Limited has provided an update on this acquisition. The company had previously disclosed the details of this investment plan on July 14, 2025.

Company Information

Detail Information
Company Name SIS Limited
Registered Office Annapoorna Bhawan, Patliputra Telephone Exchange Road, Kurji, Patna 800 010 Bihar
Correspondence Address #106, 1st Floor, Ramanashree Arcade, 18 MG Road, Bengaluru- 560 001, Karnataka
Website www.sisindia.com
Contact Tel: +91 80 2559 0801, E-mail: compliance1@sisindia.com
CIN L75230BR1985PLC002083

This strategic move by SIS Limited demonstrates the company's commitment to expanding its portfolio and potentially exploring new technological avenues through its investment in Wify. As the investment plan unfolds, stakeholders will be keen to observe how this acquisition contributes to SIS Limited's growth strategy and overall market position.

Historical Stock Returns for SIS

1 Day5 Days1 Month6 Months1 Year5 Years
-1.04%+2.42%-5.63%-1.06%-17.45%-4.81%

SIS Limited Expands Medical Services Portfolio with AUD 2.5 Million Acquisition in Australia

1 min read     Updated on 10 Oct 2025, 06:51 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

SIS Limited's subsidiary, SIS Australia Group Pty Ltd, has acquired a 100% stake in State Medical Assistance Holdings Pty Ltd (SMA) for AUD 2.5 million in cash. SMA specializes in Non-Emergency Patient Transport and related services across three Australian states. The acquisition aims to enhance SIS's Medical & Rescue business portfolio in Australia. SMA has shown consistent revenue performance, with AUD 12.10 million in FY2023, AUD 13.50 million in FY2024, and AUD 12.70 million in FY2025. The transaction is set to complete on October 10, 2025, with no regulatory approvals required.

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

SIS Limited , a prominent player in the security and facility management services sector, has announced a strategic move to bolster its presence in the Australian medical services market. The company's step-down subsidiary, SIS Australia Group Pty Ltd, has signed definitive agreements to acquire a 100% stake in State Medical Assistance Holdings Pty Ltd (SMA) for AUD 2.5 million in cash.

Acquisition Details

SMA, incorporated in 2013, specializes in Non-Emergency Patient Transport (NEPT), event medical support, clinical governance, and aged care services across three Australian states: New South Wales, Victoria, and Western Australia. This acquisition aligns with SIS's strategy to enhance its Medical & Rescue business portfolio in Australia by adding patient transport services.

Financial Performance

The acquired company has demonstrated consistent revenue performance over the past three years:

Financial Year Ended Revenue (AUD Million)
June 30, 2023 12.10
June 30, 2024 13.50
June 30, 2025 12.70

Strategic Implications

This acquisition is expected to complement SIS Limited's existing operations in Australia, particularly in the medical and rescue services segment. By integrating SMA's specialized services, SIS aims to strengthen its market position and expand its service offerings in the healthcare sector.

Transaction Highlights

  • Consideration: AUD 2.5 million in cash
  • Shareholding Acquired: 100% stake in State Medical Assistance Holdings Pty Ltd
  • Completion Date: October 10, 2025
  • Regulatory Approvals: No governmental or regulatory approvals required

Market Impact

The strategic acquisition is likely to be viewed positively by investors, as it demonstrates SIS Limited's commitment to growth and diversification in the Australian market. The move could potentially lead to synergies between SIS's existing operations and SMA's specialized services, possibly resulting in improved operational efficiency and expanded market reach.

As SIS Limited continues to strengthen its global presence, particularly in the medical services sector, this acquisition marks a significant step towards achieving its long-term growth objectives in the Australian market.

Investors and market analysts will be keenly watching how this acquisition translates into value creation for SIS Limited in the coming quarters, especially in terms of revenue growth and market share in the Australian healthcare services sector.

Historical Stock Returns for SIS

1 Day5 Days1 Month6 Months1 Year5 Years
-1.04%+2.42%-5.63%-1.06%-17.45%-4.81%
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