SIS Limited Increases Stake in Updater Services Limited Through Treasury Management Acquisition
SIS LIMITED has acquired an additional 1,96,289 equity shares of Updater Services Limited (UDS) as part of its ongoing treasury management operations. This latest acquisition brings the aggregate shareholding of SIS in UDS to 34,63,473 equity shares, which represents a 5.17% stake in the paid-up equity share capital of UDS.The transaction was completed on July 3, 2026. The acquisition represented a cash consideration amounting to INR 3.79 crore, and it accounted for 0.29% of the total shares acquired in this instance.
SIS LIMITED confirmed that the acquisition does not constitute a related party transaction, and neither the promoter nor the promoter group of SIS has any interest in UDS.
Company Profile and Financial Details of Updater Services Limited (UDS)
Updater Services Limited operates within the Integrated Facilities Management (IFM) and Business Support Services (BSS) industry.The financial performance of UDS over the past three years is detailed below:
| Financial Year Ended on March 31 | Turnover (INR Crore) |
|---|---|
| 2026 | 1,762.41 |
| 2025 | 1,591.73 |
| 2024 | 1,417.12 |
UDS is a company incorporated under the Companies Act, 1956 on November 13, 2003, and operates as an integrated business services platform providing IFM and BSS solutions.
SIS Stock Price Movement
SIS LIMITED shares edged higher on Friday, successfully closing at ₹425.75 after a modest gain of 0.33%. The stock saw activity over 68,014 shares as it traded within a daily range spanning from a low of ₹423.45 to a high of ₹429.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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