SIS Limited Acquires More Shares in Updater Services Ltd, Reaching 4.63% Stake
SIS LIMITED announced that it has acquired an additional 1,78,000 equity shares of Updater Services Limited (UDS). The transaction was completed on June 19, 2026.Following the acquisition, SIS Limited’s aggregate shareholding in UDS stands at 30,99,000 equity shares. This holding represents 4.63% of the paid-up equity share capital of Updater Services Limited. The company stated that this acquisition forms part of its ongoing treasury management operations.
The transaction involved a cash consideration and was executed by SIS in relation to UDS, which operates within the Integrated Facilities Management (IFM) and Business Support Services (BSS) industry. This particular tranche represented 0.27% ownership, with the cost reported at INR 3.24 crore.
Updater Services Limited Profile and Financials
The details of Updater Services Limited (UDS), including its background and financial performance over the last three years, are as follows:| Metric | Details |
|---|---|
| Target Entity | Updater Services Limited ('UDS') |
| Industry | Integrated Facilities Management (IFM) and Business Support Services (BSS) |
| Turnover (FY Ended March 31, 2026) | INR 1,762.41 crore |
| Incorporation Date | November 13, 2003 |
| Registered Office | 1st Floor, No. 42, Gandhi Mandapam Road, Kotturpuram, Chennai - 600085, Tamil Nadu, India |
Historical Financial Performance of UDS
The table below outlines the turnover figures for Updater Services Limited across the last three financial years:| Financial Year Ended on March 31 | Turnover (INR Crore) |
|---|---|
| 2026 | 1,762.41 |
| 2025 | 1,591.73 |
| 2024 | 1,417.12 |
SIS Stock Price Movement
Sis Limited shares rallied on Friday, closing at ₹429.75 after edging up by 0.66%. The stock saw strong buying interest, trading 221,039 shares as the company neared its significant 52-week high.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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