SIS completes acquisition of preference shares in Wify Technology

SIS Limited announced on October 16, 2025, the completion of its acquisition of Compulsorily Convertible Preference Shares ("CCPS") in Installco Wify Technology Private Limited ("Wify"). This follows an earlier disclosure on July 14, 2025, regarding an investment of up to INR 8 Crores in Wify.

The acquisition involved both the purchase of equity shares from existing shareholders and a subscription to CCPS as a primary investment, resulting in a total shareholding of 4.56% in Wify for SIS. Consequently, SIS Limited has been allotted 4,197 CCPS, each with a face value of INR 10.