SISIS540673Buyback completion

~3.29 lakh equity shares extinguished after buyback through the open market route

SIS Ltd has extinguished ~3.29 lakh equity shares of face value Rs. 5 each, bought back through the open market route between October 1 and October 16, 2026.

By ScoutQuest · Fri 23 Oct 2026, 10:02 PM IST · 2 min read

Shares Extinguished

~3.29 lakh equity shares of face value Rs. 5 each, bought back October 1 - October 16, 2026

Paid-up Capital After Extinguishment

13,88,49,242 shares (Rs. 69,42,46,210)

Paid-up Capital Before Buyback

14,13,07,643 shares (Rs. 70,65,38,215)

What was extinguished

• SIS Ltd extinguished ~3.29 lakh fully paid-up equity shares of face value Rs. 5 each, bought back through the open market route on the stock exchanges.
• These shares were bought back during the period from October 1, 2026 to October 16, 2026.
• All of them were in dematerialised form, held through Elara Securities (India) Private Limited with Central Depository Services (India) Limited. The number of equity shares in physical form extinguished was 0.
• The depository processed the extinguishment with effect from October 21, 2026.
• A certificate confirming the extinguishment was signed by MUFG Intime India Private Limited (Registrar to the Buyback), Sudhir Vishnupant Hulyalkar (Secretarial Auditor) and the Company.

Background of the buyback

• The Public Announcement was dated August 6, 2026 and published on August 7, 2026.
• The buyback of fully paid-up equity shares of face value Rs. 5 each commenced on August 13, 2026.
• This is the next lot of shares extinguished after the earlier extinguishment of 21,74,134 shares for buybacks done in August and September 2026.

How the share capital adds up

• Paid-up equity share capital before the buyback: 14,13,07,643 shares, amounting to Rs. 70,65,38,215.
• Less shares extinguished earlier (August and September 2026): 21,74,134 shares, amounting to Rs. 1,08,70,670.
• Add ESOP allotments made after the Public Announcement dated August 6, 2026: 44,273 shares, amounting to Rs. 2,21,365.
• This gives paid-up equity share capital before the current extinguishment of 13,91,77,782 shares, amounting to Rs. 69,58,88,910.
• Less shares extinguished now: ~3.29 lakh shares, amounting to Rs. 16,42,700.
• Paid-up equity share capital after extinguishment: 13,88,49,242 shares, amounting to Rs. 69,42,46,210.

What this means in simple terms

• A buyback is when a company buys its own shares back from shareholders. When those shares are then extinguished, they cease to exist and the company's total number of outstanding shares falls.
• Because the total number of shares shrinks, every remaining share represents a slightly larger stake in the company than before. The effect here is small: the reduction is ~3.29 lakh shares on a base of 13,91,77,782 shares.
• The face value of each share stays at Rs. 5, and the extinguishment is reflected in the company's paid-up capital figures above.

The process completed

• CDSL confirmed that the file submitted for the buyback was successfully processed, showing the securities extinguished against the debit ISIN.
• The company's paid-up share capital after extinguishment of 13,88,49,242 shares has been updated with CDSL and National Securities Depository Limited.

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