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
Financial report of SIS Ltd
|₹ in Crores|
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]
SIS Ltd Buyback Lead Managers 2022
- Edelweiss Financial Services Ltd
Address of the company SIS Ltd
Telephone Exchange Road, Kurji,
Patna, Bihar – 800010
E-mail: [email protected]
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.