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SIS Limited ( (IN:SIS) ) just unveiled an announcement.
SIS Limited has announced the allotment of 25,000 Secured Redeemable Rated Listed Non-Convertible Debentures (NCDs) on a private placement basis, valued at INR 250 crores. These debentures, which will be listed on BSE Limited, have a tenure of 36 months with an interest rate of 8.50% per annum, payable quarterly. This strategic financial move is expected to bolster the company’s capital structure, potentially enhancing its market position and providing additional resources for operational expansion.
More about SIS Limited
SIS Limited operates in the security services industry, providing a range of security solutions and services. The company focuses on delivering comprehensive security services to various sectors, enhancing safety and protection for its clients.
YTD Price Performance: -6.52%
Average Trading Volume: 7,466
Current Market Cap: 49.3B INR
For a thorough assessment of SIS stock, go to TipRanks’ Stock Analysis page.
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