SIS Limited updater services has significantly increased its equity stake in Updater Services Limited, raising its holding to 7.33% of the paid-up share capital. The acquirer purchased 14,47,295 equity shares in the open market on July 31, 2026, adding 2.16% to its existing position. This move brings SIS Limited’s total shareholding to 49,10,768 shares, reflecting a growing institutional interest in the target company’s equity structure.

The acquisition was disclosed to the National Stock Exchange of India Limited and BSE Limited on August 1, 2026, pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This filing serves as a continuation of the initial disclosure submitted under Regulation 29(1) on July 6, 2026. Pushpalatha Katkuri, Company Secretary and Compliance Officer at SIS Limited, signed the disclosure document, confirming the details of the transaction for regulatory record-keeping.

Prior to this specific acquisition, SIS Limited held 34,63,473 equity shares, which constituted 5.17% of the total voting capital and 5.09% of the diluted voting capital. The recent open market purchase did not involve any warrants, convertible securities, or encumbered shares such as pledges or liens. The mode of acquisition was strictly through open market transactions, indicating a standard secondary market purchase rather than a private placement or preferential allotment.

The total paid-up equity share capital of Updater Services Limited remains unchanged at 6,69,53,241 equity shares of ₹10 each. However, the total diluted share/voting capital stands at 6,80,45,783 equity shares, assuming full conversion of outstanding stock options. Consequently, SIS Limited’s stake in terms of diluted voting capital now stands at 7.22%, up from 5.09% previously. The acquirer does not belong to the promoter or promoter group of the target company, classifying it as a non-promoter investor.

What the Numbers Show

The incremental increase of 2.16% in a single open market transaction suggests a deliberate accumulation strategy by SIS Limited. With the holding crossing the 7% threshold, SIS Limited remains below the 10% substantial acquisition trigger that would mandate an open offer under typical takeover regulations, though continued monitoring of further purchases is warranted. The absence of pledged shares indicates that the acquired securities are free from encumbrances, providing clear title and voting rights to the acquirer.

Updater Services Limited will host its earnings conference call for the first quarter of fiscal year 2027 (Q1 FY27) on Friday, July 31, 2026, at 12:00 PM IST. This scheduled briefing provides stakeholders with a direct channel to review the company's financial performance and operational updates for the period, ensuring timely disclosure to investors and market participants as required by regulatory norms.

The announcement was made pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Management has indicated that changes to the schedule may occur due to exigencies on the part of participants or the company. Detailed information regarding the proceedings will also be available on the company's official website at www.uds.in .

Key Participants

Senior leadership from Updater Services Limited will lead the discussion. The confirmed participants are as follows:

Dial-In Details

Investors and analysts can access the conference call via multiple international dial-in numbers. Pre-registration is required through the provided link.

Regulatory Compliance

The notice was submitted to both the BSE Limited and the National Stock Exchange of India Limited (NSE) by Sandhya Saravanan, Company Secretary and Compliance Officer. The filing confirms adherence to listing obligations, with the information also disseminated via the company's digital platforms.