Date: July 3, 2026
Acquisition Details
SIS Limited has acquired an additional 196,289 equity shares of Updater Services Limited (UDS) as part of its ongoing treasury management operations. The acquisition was completed on July 3, 2026, for cash consideration.
Post-Acquisition Shareholding
Consequent to this acquisition, SIS Limited's aggregate shareholding in UDS now stands at 3,463,473 equity shares, representing 5.17% of the paid-up equity share capital of UDS.
Target Company Information
Updater Services Limited (UDS)
- Incorporated: November 13, 2003 under Companies Act, 1956
- Industry: Integrated Facilities Management (IFM) and Business Support Services (BSS)
- Turnover (FY2026): ₹1,762.41 crore
Financial Performance of UDS:
- FY2026: ₹1,762.41 crore
- FY2025: ₹1,591.73 crore
- FY2024: ₹1,417.12 crore
Transaction Details
- Nature of Transaction: Not a related party transaction
- Promoter Interest: Promoter, promoter group and group companies of SIS Limited do not have any interest in UDS
- Approvals Required: Not applicable
- Completion Date: July 3, 2026
- Consideration: Cash
Not Specified Sections
No material disclosures under the following sections: KMP / Board / Auditor Changes, Dividend Declaration, Board Meeting Outcomes, Financial Results, Auditor's Report, Disinvestment / Strategic Actions, Media Release / Investor Communication.