SIS buyback 2022 was announced on June 29, 2022. The SIS buyback open date is not announced yet. SIS Ltd buyback record date is not announced yet. The investor should buy the SIS Ltd shares before the record date to get eligibility for the buyback.
SIS Ltd Buyback of ₹80 crores approved by the board of directors at the meeting was held on June 29, 2022. SIS Ltd Buyback will be done via the Tender Offer route through the stock exchange mechanism. The board of directors of the company approved the buyback by the Company of its fully paid-up equity shares having a face value of ₹5 each equity share at a price not exceeding ₹550 per Equity Share and for an aggregate amount not exceeding ₹80 crores from the shareholders. Check out SIS Ltd Buyback 2022 details below:
SIS Ltd (formerly Security and Intelligence Services India) provides security, facility management, and cash logistics services, which are essential to the functioning of a vibrant and healthy economy. They have emerged as a trusted leader across these business segments in India and other geographies in the Asia Pacific region. SIS Group is one of the largest manpower security firms in the Indo-Pacific region. They offers Security, Cash Logistics, and Facility Management Services in India, Australia, and a few Asia-Pacific regions.
SIS Ltd Buyback 2022 Dates & Record Dates
Buyback Meeting Date: | June 29, 2022 |
Buyback Announcement Date: | June 29, 2022 |
Buyback Record Date: | [.] |
Buyback Open Date: | [.] |
Buyback Close Date: | [.] |
Finalization of Buyback Acceptance: | [.] |
SIS Ltd Buyback 2022 Offer Details
SIS Ltd buyback of 14,54,545 equity shares at a price of ₹550 per equity share. The buyback offers not to exceed ₹80 crores of the total buyback offer size.
Offer Amount: | ₹80 Crores |
Number of Shares: | 14,54,545 Equity Shares |
Face Value: | ₹5 per equity share |
Buyback Price: | ₹550 per equity share |
Listing: | BSE & NSE |
Buyback Type: | Tender Offer |
Letter of Offer: | Click Here |
SIS Ltd Buyback 2022 Acceptance Ratio
The investor should buy around 363 shares at a current market price of ₹454 (as of June 29, 2022). The calculation will be ₹2,00,000 / ₹550 buyback price = 363 shares.
Acceptance Ratio | Investment | Shares Buyback | Profit |
33% | ₹165,090 | 120 | ₹11,520 |
50% | ₹165,090 | 181 | ₹17,376 |
75% | ₹165,090 | 272 | ₹26,112 |
100% | ₹165,090 | 363 | ₹34,848 |
SIS Ltd Financial Report
₹ in Crores | |||||
Year |
Revenue | Expense | PAT |
||
2020 | ₹3041 | ₹2880 | ₹86.33 | ||
2021 | ₹3030 | ₹2903 | ₹57.09 | ||
2022 | ₹3381 | ₹3228 | ₹133.90 |
SIS Ltd Buyback 2022 Eligible Share Holders
The investors are eligible for the buyback scheme who have SIS Ltd shares in their Demat account as the [.]. Investors can participate in the SIS Ltd Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the SIS Ltd buyback scheme.
SIS Ltd Buyback 2022 Registrar
Link Intime India Pvt LtdC 101, 247 Park,
L.B.S. Marg, Vikhroli (West),
Mumbai 400083, Maharashtra
Tel: 022-49186270, 49186200
Email: rnt.helpdesk@linkintime.co.in
Website: http://www.linkintime.co.in
SIS Ltd Buyback 2022 Lead Managers
- To be updated soon
SIS Ltd Company Address
SIS LtdAnnapoorna Bhawan,
Telephone Exchange Road, Kurji,
Patna, Bihar - 800010
Tel: 0612-2266666
Email: investorrelations@sisindia.com
Website: http://www.sisindia.com
How to Apply the SIS Buyback through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name "SIS". Click on Place Order. Enter your Quantity and submit SIS Buyback Application Form.
How to Apply the SIS Buyback through Upstox?
Log in to Upstox Application with your credentials. Select the Account Section. You will see the Company Name "SIS". Click on SIS Stock for Buyback. Enter your Quantity and submit SIS Buyback Application Form.
How to Apply the SIS Buyback through Paytm Money?
Log in to Paytm Money Application with your credentials. Select the SIS. Enter your Quantity and submit SIS Buyback Application Form.