SIS has made an additional investment of Rs 70 lakh in Agarsha Senior Care (Agarsha), by way of participation in the rights offer through the subscription of Compulsorily Convertible Preference Shares (CCPS). Consequently, the company has been allotted 43,868 CCPS of Rs 158.33 each in Agarsha.
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 customer category since it provides significant benefits to its SBUs in Security and Facility Management segment.
SIS provides security, facility management and cash logistics services, which are essential to the functioning of a vibrant and healthy economy.
