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SIS gets nod to acquire 51% stake in SLV Security Services

02 Aug 2018 Evaluate

Security and Intelligence Services India (SIS) has received an approval for acquisition of 51% stake in SLV Security Services. The acquisition would help SIS gain market share in NCR where SLV is a leading player. The Investment Committee of the company at its meeting held on August 01, 2018, approved the same.

Post the acquisition, SIS and SLV will be dominant player with a close to 10% market share in the Gurgaon market which is one of the top 8, and fastest growing, markets for security services.

Security and Intelligence Services is a leading provider of private security and facility management services in India.

SIS Share Price

429.50 1.85 (0.43%)
08-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
SIS 429.50
Quess Corp 290.50
TeamLease Services 1379.85
Bluspring Enterprise 105.65
Updater Services 187.15
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