Buyback update: ~14.85 lakh equity shares of face value Rs. 5 extinguished after September 2026 open-market buyback
SIS Limited has extinguished ~14.85 lakh equity shares of face value Rs. 5 each, bought back from the open market through the stock exchanges during September 2026.
By ScoutQuest · · 2 min read
- Shares Extinguished
- ~14.85 lakh equity shares of face value Rs. 5 each
- Paid-up Capital After Extinguishment
- 13,91,77,782 shares (Rs. 69,58,88,910)
- Paid-up Capital Before Extinguishment
- 14,06,62,916 shares (Rs. 70,33,14,580)
Extinguishment of shares bought back in September 2026
The company has extinguished (cancelled) ~14.85 lakh fully paid-up equity shares of face value Rs. 5 each. These shares were bought back from the open market route through the stock exchanges during September 2026. Once extinguished, those shares cease to exist, so the total number of shares in issue falls by that number.
Share capital picture at a glance
- Paid-up equity share capital prior to the buyback: 14,13,07,643 shares, Rs. 70,65,38,215
- Shares extinguished earlier, bought back during August 2026: 6,89,000 shares, Rs. 34,45,000
- Shares being extinguished now, bought back during September 2026: ~14.85 lakh shares, Rs. 74,25,670
- ESOP allotments made after the Public Announcement dated August 6, 2026: 44,273 shares, Rs. 2,21,365
- Paid-up share capital after this extinguishment: 13,91,77,782 shares, Rs. 69,58,88,910
The update also gives a second reconciliation, comparing the position just before and just after this extinguishment:
- Paid-up equity share capital before extinguishment: 14,06,62,916 shares, Rs. 70,33,14,580
- Less: total equity shares (demat) extinguished: ~14.85 lakh shares, Rs. 74,25,670
- Less: total equity shares (physical) extinguished: 0
- Paid-up equity share capital after extinguishment: 13,91,77,782 shares, Rs. 69,58,88,910
How the shares were extinguished
- The ~14.85 lakh shares were held in demat form and were extinguished through Elara Securities (India) Private Limited as the depository participant, with Central Depository Services (India) Limited.
- The extinguishment was effected on 12-Oct-2026.
- No equity shares were bought back in physical form, so none were extinguished in physical form.
Background of the buyback
- The buyback followed a Public Announcement dated August 6, 2026, published on August 7, 2026.
- The buyback commenced on August 13, 2026.
- Counting this tranche, the shares extinguished so far are the 6,89,000 bought back in August 2026 and the 14,85,134 bought back in September 2026.
What this means for a retail investor
- Buying back and cancelling shares reduces the number of shares in issue, so each remaining share represents a slightly larger proportionate slice of the company.
- The company's paid-up equity share capital falls by the number of shares extinguished.
Who confirmed it
- Central Depository Services (India) Limited confirmed the extinguishment.
- A certificate confirming the extinguishment of ~14.85 lakh equity shares was signed by MUFG Intime India Private Limited (Registrar to the Buyback), Sudhir Vishnupant Hulyalkar (Secretarial Auditor of the Company) and the Company.
Also from SIS
~3.29 lakh equity shares extinguished after buyback through the open market route
23 Oct 2026
Board meeting on November 4, 2026 to consider unaudited results for the September quarter
23 Oct 2026
Buyback of ~25.03 lakh shares completed via open market; post-buyback advertisement published
20 Oct 2026
More numbers
- Equity shares extinguished (bought back in September 2026)14,85,134
- Value of equity shares extinguished in current extinguishment74,25,670
- Face value per equity share₹ 5
- Paid-up equity share capital post extinguishment (shares)13,91,77,782
- Paid-up equity share capital post extinguishment (value)69,58,88,910
- Paid-up equity share capital pre extinguishment (shares)14,06,62,916
- Shares extinguished till date (bought back during August 2026)6,89,000
- ESOP allotments made after the Public Announcement dated August 6, 202644,273
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