Mumbai, June 30 -- The buyback price has been capped at Rs 478.50 per share, which is 9.67% higher than the closing market price of Rs 436.30 recorded on 29 June 2026.

The mode of buyback and other detailed terms and conditions remain subject to the final approval of the board of directors and the shareholders of the company.

SIS stated that the company has consistently returned capital to its shareholders through dividends and buybacks. Once executed, the aforementioned corporate action will take the total capital SIS has returned to its shareholders since listing to approximately Rs 720 crore.

Rituraj Kishore Sinha, group managing director, said: "Since listing, SIS has bought back close to 86 lakh shares.

We will continue to evalua...