SIS Ltd Acquires Additional Stake in Updater Services Limited, Elevating Holding in UDS
SIS Ltd has increased its equity stake in Updater Services Limited (UDS), announcing the purchase of an additional 1,68,184 equity shares. The acquisition, completed on June 29, 2026, forms part of SIS Ltd's ongoing treasury management operations.Following this purchase, the company’s aggregate shareholding in UDS now stands at 32,67,184 equity shares, which represents 4.88% of UDS paid-up equity share capital. The acquisition was conducted via Cash Consideration for INR 3.11 crore.
Updater Services Limited operates within the Integrated Facilities Management (IFM) and Business Support Services (BSS) industry. The transaction does not constitute a related party transaction, and neither SIS Ltd nor its group has any interest in UDS.
UDS Profile and Financials
UDS is incorporated under the Companies Act, 1956, and operates as an integrated business services platform providing IFM and BSS solutions.The financial history of Updater Services Limited shows consistent growth across the reported 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 Monday, closing out the session at ₹435.85 after gaining ₹2.40, which represented a solid 0.55% increase. The stock traded amid volatility, with highs reaching near ₹444.9 and sellers executing across a reported volume of 339,845 shares.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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