SIS Buyback 2022 Record Date, Price & Ratio Details – IPO Watch

[ad_1]

Buyback of SIS 2022 it was announced on June 29, 2022. The buyback of the SIS opening date October 4. buyback of SIS Ltd registration date is August 30. The investor should purchase the SIS Ltd shares prior to the record date to be eligible for the buyback.

Buyback of SIS Ltd of Rs.80 crore approved by the board of directors in the meeting held on June 29, 2022. The buyback of SIS Ltd will be through the public offer route through the stock market mechanism. The board of directors of the company approved the repurchase by the company of its fully paid up equity shares of the face value of ₹5 each equity share at a price not exceeding ₹550 per equity share and for a total amount not exceeding ₹80. millions of shareholders. See SIS Ltd Repurchase 2022 details below:

SIS Ltd (formerly Security and Intelligence Services India) provides security, facilities management and cash logistics services, which are essential to the functioning of a vibrant and healthy economy. They have emerged as a trusted leader in these business segments in India and other geographies in the Asia Pacific region. SIS Group is one of the largest manpower security companies in the Indo-Pacific region. They provide security, cash logistics and facility management services in India, Australia and some Asia Pacific regions.

SIS Ltd 2022 buyback dates and registration dates

Buyback meeting date: June 29, 2022
Buyback announcement date: June 29, 2022
Repurchase registration date: August 30, 2022
Redemption opening date: October 4, 2022
Purchase closing date: October 18, 2022
Completion of buyback acceptance: October 28, 2022

Details of the SIS Ltd 2022 takeover offer

buyback of SIS Ltd 14,54,545 equity shares at a price of ₹550 per equity share. The buyback offers not to exceed 80 million rubles of the total size of the repurchase offer.

Bid Amount: 80 million rubles
Number of shares: 14,54,545 Equity shares
Apparent value: ₹5 per capital share
Buyback price: ₹550 per capital share
List: BSE and NSE
Repurchase Type: Tender Offer
Letter of offer: Click here

SIS Ltd 2022 Buyback Acceptance Ratio

Investor should buy about 363 shares at current market price of ₹ 454 (as on June 29, 2022). The calculation will be ₹2,00,000 / ₹550 buyback price = 363 shares.

Acceptance ratio investment Buyback of shares benefit
33% R$ 165,090 120 11,520
50% R$ 165,090 181 17,376
75% R$ 165,090 272 26,112
100% R$ 165,090 363 34,848

Financial report of SIS Ltd

₹ in Crores
course income expense PAT
2020 ₹3041 ₹2880 ₹ 86.33
2021 ₹3030 ₹2903 ₹ 57.09
2022 ₹3381 ₹3228 R$ 133.90

Holders of SIS Ltd Buyback 2022 Eligible Shares

Investors are eligible for the buyback scheme who hold shares of SIS Ltd in their Demat account as [.]. Investors can participate in the SIS Ltd Buyback 2022 scheme as per the opening form by selling their shares. Payment will be made in accordance with shares accepted by the company under the SIS Ltd buyback scheme.

Registrar of SIS Ltd Buyback 2022

Link Intime India Pvt Ltd
C 101, 247 Park,
LBS Marg, Vikhroli (West),
Mumbai 400083, Maharashtra
Phone: 022-49186270, 49186200
E-mail: [email protected]
Website: http://www.linkintime.co.in

SIS Ltd Buyback Lead Managers 2022

  • Edelweiss Financial Services Ltd

Address of the company SIS Ltd

SIS Ltd
Annapoorna Bhawan,
Telephone Exchange Road, Kurji,
Patna, Bihar – 800010
Phone: 0612-2266666
E-mail: [email protected]
Website: http://www.sisindia.com

How to apply SIS buyback through Zerodha?

Log in to the console on the Zerodha website or app. Go to Portfolio and click on Corporate Shares. You will see the company name “SIS”. Click Place Order. Enter your amount and submit the SIS Redemption Request Form.

How to apply SIS buyback using Upstox?

Log in to the Upstox app with your credentials. Select the Account section. You will see the company name “SIS”. Click on SIS Stock for repurchase. Enter your amount and submit the SIS Redemption Request Form.

How to apply SIS buyback using Paytm Money?

Login to Paytm Money app with your credentials. Select the SIS. Enter your amount and submit the SIS Redemption Request Form.

SIS Ltd Buyback 2022 Frequently Asked Questions

When is the registration date for SIS Ltd Buyback 2022?

SIS Ltd’s record buyback date in 2022 is August 30, 2022.

When is the opening date of SIS Ltd Buyback 2022?

The 2022 buyback opening date for SIS Ltd is October 4, 2022.

What is the price of SIS Ltd Buyback 2022?

The company has set the price a ₹550 per share.

How to apply for SIS Ltd 2022 buyback?

As per registration date you must have SIS Ltd shares in your Demat account. You can participate in the buyback after holding the shares in your account.

Follow the Opta Watch for upcoming IPO news and their reviews, they also follow us Twitter, Facebooki Instagram. To see our latest videos, please subscribe to our YouTube channel.



[ad_2]

Source link

About The Author

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top