SIS Limited Completes CCPS Acquisition in Installco Wify Technology
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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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:
- Acquisition of equity shares from existing shareholders (secondary investment)
- 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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-1.04% | +2.42% | -5.63% | -1.06% | -17.45% | -4.81% |