SIS Limited has filed 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 the company's earlier disclosures, the latest being dated July 18, 2026, regarding the acquisition of equity shares of Updater Services Limited (UDS).
Acquisition Details
The company has acquired an additional 10,27,192 equity shares of UDS. Following this acquisition, SIS Limited's aggregate shareholding in UDS now stands at 54,82,582 equity shares. This represents 8.19% of the paid-up equity share capital of UDS.
Target Entity Information
Updater Services Limited (UDS) is a company incorporated in India with CIN L74140TN2003PLC051955. Its registered office is located at 1st Floor, No. 42, Gandhi Mandapam Road, Kotturpuram, Chennai – 600085, Tamil Nadu, India. UDS operates as an integrated business services platform providing Integrated Facilities Management (IFM) and Business Support Services (BSS) solutions.
Financial Performance of UDS
As per the last audited financial statements for the year ended March 31, 2026, UDS reported a turnover of INR 1,762.41 crore. The turnover for the past three financial years is as follows:
- Financial Year ended March 31, 2026: INR 1,762.41 crore
- Financial Year ended March 31, 2025: INR 1,591.73 crore
- Financial Year ended March 31, 2024: INR 1,417.12 crore
Transaction Specifics
The acquisition was completed on August 19, 2026. The consideration for the acquisition was INR 21.59 crore, paid in cash. The acquisition does not constitute a related party transaction. The promoter, promoter group, and group companies of SIS Limited do not have any interest in UDS.
Regulatory and Governance Aspects
The acquisition has been made in accordance with the company's investment policy. No governmental or regulatory approvals were required for this acquisition. The disclosure is made in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.