SIS LIMITEDSISNSE
Extinguishment of 37,12,871 fully paid-up equity shares of Rs. 5/- each bought back at Rs. 404/- per share…
As filed · SIS LIMITED has informed the Exchange regarding the extinguishment of 37,12,871 fully paid-up equity shares of Rs. 5/- each bought back at Rs. 404/- per share through the tender offer route.
Special SituationImprovingMajormateriality 75 out of 100
What happened
FactSIS Limited has completed the extinguishment of 37,12,871 equity shares as part of its buyback program. The buyback tendering period ran from June 12, 2025, to June 18, 2025. The company has provided certificates confirming compliance with the relevant regulations regarding this extinguishment.
Why it matters
CapitSignal interpretationA buyback returns cash by retiring shares, so the benefit to a holder depends on the price paid, how many of their shares are accepted, and what the stub is worth afterwards.
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Fact- Record date and acceptance ratio
- Promoter participation
- Cash left on the balance sheet afterwards
Evidence
How CapitSignal classified this
- Reasoning:
- BUYBACK base 70; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%