12-Jun-2026 19:06:11
UDSAcquisition and merger
SIS ; CO INCREASES STAKE IN UPDATER SERVICES BY 0.16 %
⢠š SIS Limited has acquired an additional 1,08,000 equity shares of Updater Services Limited (UDS) ⢠š° Acquisition completed for a cash consideration of ā¹1.96 crore ⢠šÆ Acquired stake represents 0.16% of UDS equity capital ⢠š Post acquisition, SIS's holding in UDS has increased to 29,21,000 shares (4.36% stake) ⢠š UDS operates in the Integrated Facilities Management (IFM) and Business Support Services (BSS) segment ⢠ā Acquisition completed on June 11, 2026 as part of SIS's treasury management operations š¢ Impact: Positive (Higher stake reflects confidence in UDS and could benefit SIS through potential value appreciation of its strategic investment.)
UPDATER SERVICES LIMITED