SIS Limited, one of India’s leading security and business support services providers, today announced that its Board of Directors has approved the acquisition of A P Securitas Private Limited (“A P Securitas”). The Company signed definitive agreements with A P Securitas on the same day.
Under the agreement, SIS will acquire 51% shareholding in A P Securitas in the first tranche, with the remaining stake to be acquired by 2029, enabling it to achieve 100% ownership. The Company will pay an interim cash consideration of ₹73.40 crore, subject to net debt and working capital adjustments. The final purchase price for the first tranche will be calculated at closing, while the overall cost for full ownership will be determined upon completion of the second tranche.
The transaction, which does not fall under related-party transactions, is expected to close on or before November 1, 2025.
Expanding Market Presence
A P Securitas, incorporated in 1986 and headquartered in New Delhi, provides integrated security and facility management services through its subsidiaries Proton Facility Solutions (PFS) and Scientific Security Management Services (SSMS). The company serves over 1,000 clients, employs 37,500+ personnel, and reported an unaudited FY25 revenue of ₹1,119 crore. Its services include guarding, event security management, housekeeping, and surveillance solutions for industries such as banking, logistics, education, and third-party outsourcing.
Commenting on the acquisition, a spokesperson from SIS Limited said:
“This acquisition aligns with our strategic vision to expand our leadership in India’s security services industry. By integrating A P Securitas’ strengths and national footprint, SIS will enhance its service capabilities, deepen client relationships, and capture new growth opportunities.”