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SIS completes first tranche investment of Rs 3.50 crore in Entitled Solutions

22 Dec 2023 Evaluate

SIS has completed the first tranche investment of approximate Rs 3.50 crore in Entitled Solutions (Entitled) by way of subscription to Compulsorily Convertible Debentures (CCDs), in terms of the Share Subscription Agreement signed with Entitled on November 27, 2023.  

SIS had created SIS Ventures program to invest in early stage tech-enabled companies that provide Synergistics adjacencies and create value for its customers or employees. This investment fits in the employee category since it provides significant benefits to blue collar employees. 

SIS provides security, facility management and cash logistics services, which are essential to the functioning of a vibrant and healthy economy.


Peers
Company Name CMP
SIS 399.20
Quess Corp 319.90
TeamLease Services 1032.50
Bluspring Enterprise 163.50
BLS Internatl. Serv. 225.20
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