SIS540673Buyback completion

Buyback of ~25.03 lakh shares completed via open market; post-buyback advertisement published

SIS has completed the buyback of ~25.03 lakh fully paid-up equity shares of face value ₹ 5/- each.

By ScoutQuest · Tue 20 Oct 2026, 10:12 PM IST · 2 min read

Shares Bought Back: ~25.03 lakh fully paid-up equity shares of face value ₹ 5/- each
Buyback Window: opened August 13, 2026 and closed October 16, 2026
Price per Equity Share: ₹ 125/-

Completion of an open market buyback

SIS has informed the exchanges that it has completed the buyback of ~25.03 lakh fully paid-up equity shares of face value ₹ 5/- each. The shares were bought through the open market route, from shareholders other than promoters, promoter group, persons acting in concert and persons in control of the company.

The numbers at a glance

Shares bought back: 25,02,674
Price per equity share: ₹ 125/-
Cap on the buyback: up to 80,00,000 equity shares, for an aggregate amount not exceeding Rupees One Hundred Crores
Buyback window: opened August 13, 2026 and closed October 16, 2026

What the advertisement is

The company published a post-buyback public advertisement dated October 19, 2026 on October 20, 2026 in Business Standard (English, all editions), Business Standard (Hindi, all editions) and New India Herald (Hindi, Patna edition). This advertisement is published after a buyback closes and sets out the buyback's details along with the company's share capital and shareholding pattern before and after the buyback.

How a buyback works, in simple terms

A buyback is the company using its own funds to buy its own shares from shareholders.
In the open market route, the company buys on the stock exchanges during the buyback window, so a shareholder's outcome depends on whether that shareholder chose to sell and whether the order was executed.
The shares bought back are extinguished, so the total number of shares in issue falls and every remaining share represents a slightly larger slice of the company.
Cash used for the buyback moves out of the company; this buyback was within its stated cap of Rupees One Hundred Crores.

Who took part

Promoters, promoter group, persons acting in concert and persons in control were outside the buyback.
Shareholders who did not sell keep the same number of shares they held earlier; their percentage holding in the company can change because the total share count changes.

What a reader can take away

The buyback process is now complete, and this update is the post-completion disclosure to the exchanges.
The advertisement carries the share capital and shareholding pattern as they stood before and after the buyback, which shows how the share count and holdings moved.
The pace of buying, the price of ₹ 125/- per equity share and the ceiling of Rupees One Hundred Crores are the key reference points for judging the size of this buyback.

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