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SIS LIMITED — M&A Activity 2025
Sep 5, 2025
60900_rns_2025-09-05_2df0d994-bc48-4a86-8fc3-501bdb59da9d.pdf
M&A Activity
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September 5, 2025
National Stock Exchange of India Limited Exchange Plaza C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai-400051 NSE Symbol: SIS
BSE Limited
Phiroze Jeejeebhoy Towers Dalal Street Mumbai-400001 Company Code: Equity: 540673 Debt: 976573
Dear Sir/Madam,
Sub: Intimation of agreement for acquisition of 100% shareholding in A P Securitas Private Limited in two (2) tranches, with the first tranche in 2025 and the second tranche by 2029
We wish to inform you that the Board of Directors of SIS Limited (“the Company”), at its meeting held today, i.e., Friday, September 5, 2025, has approved acquisition of A P Securitas Private Limited (“A P Securitas”).
Further, the Company has signed the definitive agreements with A P Securitas on the same day.
The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed as Annexure-A .
The Board meeting commenced on September 4, 2025, at 11:00 a.m., was adjourned and reconvened on September 5, 2025, and concluded at 8.00 p.m.
Further, the Company hereby informs that a conference call with investors and analysts is scheduled on Monday, September 8, 2025, at 02:00 p.m. IST to provide further details and address queries. The details of the call are enclosed herewith.
Kindly take the above information on record.
Thanking you.
Yours Sincerely,
For SIS Limited
PUSHPA Digitally signed by PUSHPA LATHA LATHA KATKURI KATKURI Date: 2025.09.05 22:40:38 +05'30'
Pushpalatha Katkuri Company Secretary and Compliance Officer
SIS Limited
Address for correspondence: #106, 1st Floor, Ramanashree Arcade, 18 MG Road, Bangalore- 560 001, Karnataka Registered office: Annapoorna Bhawan, Patliputra Telephone Exchange Road, Kurji, Patna 800 010 Bihar Website: www.sisindia.com Tel: +91 80 2559 0801 E-mail ID: [email protected]
CIN: L75230BR1985PLC002083
ANNEXURE A
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Information required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
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a) Name of the target entity, details in brief A P Securitas Private Limited (“ A P
such as size, turnover etc.; Securitas ”), incorporated under the Companies
Act, 1956 and having its registered office at C-
1/118, Janakpuri C-4, West Delhi, New Delhi-
110058 is engaged in providing security
services, along with its two subsidiaries,
namely:
Proton Facility Solutions (“PFS”)
Scientific Security Management Services
(“SSMS”)
Unaudited FY25 Revenue (INR Crore):
1,119
Employees: 37,500+
Clients: 1,000+
b) whether the acquisition would fall within The proposed acquisition does not fall within
related party transaction(s) and whether related party transaction(s) and the promoter/
the promoter/ promoter group/ group promoter group/ group companies of SIS
companies have any interest in the entity Limited (“Company” or “SIS”) do not have any
being acquired? If yes, nature of interest interest in A P Securitas.
and details thereof and whether the same
is done at “arm’s length”;
c) industry to which the entity being Security and Facility Management Services
acquired belongs;
d) objects and effects of acquisition The acquisition would help the Company to
(including but not limited to, disclosure increase market share in the security services
of reasons for acquisition of target entity, industry in India.
if its business is outside the main line of
business of the listed entity);
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SIS Limited Address for correspondence: #106, 1st Floor, Ramanashree Arcade, 18 MG Road, Bangalore- 560 001, Karnataka Registered office: Annapoorna Bhawan, Patliputra Telephone Exchange Road, Kurji, Patna 800 010 Bihar Website: www.sisindia.com Tel: +91 80 2559 0801 E-mail ID: [email protected]
CIN: L75230BR1985PLC002083
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| e) | brief details of any governmental or regulatory approvals required for the acquisition; |
None |
|---|---|---|
| f) | indicative time period for completion of the acquisition; |
On or before November 1, 2025 |
| g) | consideration - whether cash consideration or share swap and details of the same; |
Cash consideration |
| h) | cost of acquisition and/ or the price at which the shares are acquired; |
51% shareholding is being acquired now, and the balance shares will be acquired by the year 2029, thereby enabling SIS to reach 100% shareholding. SIS will pay an interim consideration of INR 73.40 Crores, subject to Net Debt and Net Working Capital adjustments. The final purchase consideration for the 51% shareholding will be calculated based on the Net Debt and Net Working Capital as of the closing date. The final cost of acquisition for 100% equity will be determined only upon completion of Tranche 2. |
| i) | percentage of shareholding/ control acquired and/ or number of shares acquired; |
Acquisition of 100% shareholding in A P Securitas in two (2) tranches, with the first tranche in 2025 and the second tranche by 2029. |
| j) | brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief); |
A P Securitas was incorporated in 1986, primarily to provide security services. The scope of services expanded to provide facility management services through the incorporation of PFS in 2009 and the acquisition of SSMS in 2018. A P Securitas currently provides guarding services, event security management, housekeeping and other facilities management services, security surveillance services etc. to customers across banking, logistics, third party outsourcing, educationsectors etc. |
SIS Limited
Address for correspondence: #106, 1st Floor, Ramanashree Arcade, 18 MG Road, Bangalore- 560 001, Karnataka Registered office: Annapoorna Bhawan, Patliputra Telephone Exchange Road, Kurji, Patna 800 010 Bihar Website: www.sisindia.com Tel: +91 80 2559 0801 E-mail ID: [email protected]
CIN: L75230BR1985PLC002083
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| The turnover of A P Securitas for the past 3 years is as follows: Financial Year Amount (in INR Crore) FY25_(unaudited)_ 1,119 FY24 949 FY23 810 |
The turnover of A P Securitas for the past 3 years is as follows: Financial Year Amount (in INR Crore) FY25_(unaudited)_ 1,119 FY24 949 FY23 810 |
|---|---|
| Financial Year | Amount (in INR Crore) |
| FY25_(unaudited)_ | 1,119 |
| FY24 | 949 |
| FY23 | 810 |
SIS Limited
Address for correspondence: #106, 1st Floor, Ramanashree Arcade, 18 MG Road, Bangalore- 560 001, Karnataka Registered office: Annapoorna Bhawan, Patliputra Telephone Exchange Road, Kurji, Patna 800 010 Bihar Website: www.sisindia.com Tel: +91 80 2559 0801 E-mail ID: [email protected] CIN: L75230BR1985PLC002083
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Investor and Analyst Call – Announcement of a Strategic Transaction Monday, 8[th] September, ‘25 at 2:00 PM IST
SIS Ltd., a leading Security, Facility Management and Cash Management Solutions provider with operations in India, Singapore, Australia and New Zealand, will host their investor call on Monday, 8[th] September, ‘25 at 2:00 PM IST.
Call participants: Mr. Rituraj Kishore Sinha – Group Managing Director, Mr. Brajesh Kumar – Chief Financial Officer (SIS India) and Mr. Vineet Toshniwal – President - M&A and IR.
The investor call will be initiated with an announcement of a strategic transaction followed by an interactive Q&A session.
Dial-in details are as follows:
| Dial-in details are as follows: | |
|---|---|
| Timing | 2:00 PM. IST on Monday, 8thSeptember, ‘25 |
| Universal dial-in | + 91 22 6280 1457 |
| Australia Local Access Number | 0080014243444 |
| Hong Kong Local Access Number | 800964448 |
| Singapore Local Access Number | 8001012045 |
| UK Local Access Number | 08081011573 |
| USA Local Access Number | 18667462133 |
| Pre-registration | To enable participants to connect to the conference call without having to wait for an operator, please register at the below mentioned link: You will receive dial in numbers, passcode and a pin for the con-call on the registered email address provided by you. Kindly dial into the call on the Conference Call date and use the passcode & pin to connect to call |
Please dial the above number(s) 5-10 minutes prior to the scheduled start to ensure that you are connected to the call in time.
For more information, please visit www.sisindia.com OR contact:
Vineet Toshniwal Mayank Vaswani / Devrishi Singh (President - M&A and IR) (Investor Relations Advisors) Shweta Jain CDR India (Associate Vice President – M&A and IR) Tel: +91 98209 40953 / +91 98205 30918 Tel: +91 98205 24370 Email: [email protected], [email protected] SIS Limited Email: [email protected]