SIS Limited submitted a regulatory disclosure pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This filing is in continuation of a previous disclosure submitted on June 19, 2026, regarding the acquisition of equity shares of Updater Services Limited (UDS).
Acquisition Details
The Company acquired an additional 1,68,184 equity shares of Updater Services Limited (UDS).
Post-Acquisition Shareholding
Consequent to this acquisition, the aggregate shareholding of SIS Limited in UDS now stands at 32,67,184 equity shares. This represents 4.88% of the paid-up equity share capital of UDS.
Purpose and Nature of Transaction
The acquisition of shares forms part of the Company's ongoing treasury management operations. It does not constitute a related party transaction. The promoter, promoter group, and group companies of SIS Limited do not have any interest in UDS.
Transaction Specifics
- Cost of Acquisition: INR 3.11 crore
- Consideration Type: Cash Consideration
- Completion Date: June 29, 2026
- Governmental Approvals: Not Applicable
Target Entity Information
- Name: Updater Services Limited (UDS)
- Industry: Integrated Facilities Management (IFM) and Business Support Services (BSS)
- Financials (Turnover):
- FY 2026 (ended March 31, 2026): INR 1,762.41 crore
- FY 2025 (ended March 31, 2025): INR 1,591.73 crore
- FY 2024 (ended March 31, 2024): INR 1,417.12 crore