SIS Limited announced a buyback of shares, approved by the board on 25 Mar 25. The company will buy back up to 37,12,871 equity shares, representing 2.57% of the paid-up capital as of 21 Mar 25. The buyback price is set at ₹ 404 per share, for a total amount not exceeding ₹ 150 crores. The buyback will be executed via a tender offer on a proportionate basis from all shareholders as of a record date to be decided later. Shareholder approval via postal ballot is required. DAM Capital Advisors Limited is appointed as manager to the buyback. A 'Buyback Committee' has been formed, and Ms. Pushpalatha K is appointed as compliance officer. The board meeting for approval was held on 25 Mar 25, concluding at 4:45 PM.