SIS Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, disclosing a turnover of ₹5,456.43 crore and a net worth of ₹1,079.83 crore. The company, which operates primarily in the security services sector, reported that its workforce comprised 24,079 permanent employees and 1,81,565 permanent workers as of March 31, 2026. The BRSR, filed pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlights the firm's focus on human capital development and operational compliance.

The report details that SIS conducted over 90,000 training programmes in FY 2025-26, covering themes such as professional skill development, regulatory awareness, and health and safety. The company stated that 100% of permanent employees and workers were covered under health and accident insurance schemes. Furthermore, the Board of Directors maintains overall oversight of the sustainability agenda, with policies reviewed annually to ensure alignment with business objectives.

Financial and Operational Metrics

SIS Limited reported that security services accounted for 97.21% of its total turnover. The company operates across 28 states and 6 union territories in India, with a presence in three international countries: Australia, New Zealand, and Singapore. The contribution of exports to total turnover was 0%. The company's paid-up capital stood at ₹70,63,60,795.

Governance and Compliance

The company confirmed that it has not received any material fines, penalties, or punitive actions from regulators during the financial year. It maintains a zero-tolerance approach towards bribery and corruption, reinforced through its Business Ethics Policy. SIS also stated that it is fully compliant with applicable environmental laws and regulations, including the Water (Prevention and Control of Pollution) Act and the Air (Prevention and Control of Pollution) Act. No adverse orders related to anti-competitive conduct were reported.

Material Issues and Risk Management

The BRSR identifies "Our People" as both a key opportunity and a material risk. While a committed workforce strengthens service delivery, high attrition levels pose a risk to operational efficiency. To mitigate this, the company has implemented succession planning frameworks, targeted recruitment strategies, and occupational health and safety protocols aligned with ISO 45001:2018 standards. The report also notes that the company is upgrading its vehicle fleet to Bharat Stage VI (BSVI) standards and incorporating electric commercial vehicles to reduce emissions.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE285J01028/5529fb7734ec45e5.pdf

SIS Limited has increased its strategic shareholding in Updater Services Limited to 4.36% by acquiring an additional 1,08,000 equity shares for ₹1.96 crore. This latest transaction, completed on June 11, 2026, follows an earlier acquisition on June 5, 2026, where the company purchased 28,13,000 shares. The aggregate holding now stands at 29,21,000 equity shares, representing 4.36% of the paid-up equity share capital of Updater Services Limited. The acquisitions form part of SIS Limited's ongoing treasury management operations and do not constitute related party transactions.

The disclosures were submitted to the National Stock Exchange of India and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The consideration for both transactions was paid in cash, and no specific governmental or regulatory approvals were required. The promoter, promoter group, and group companies of SIS Limited do not have any interest in Updater Services Limited.

About the Target Entity

Updater Services Limited operates in the Integrated Facilities Management (IFM) and Business Support Services (BSS) industry. The company has strategically evolved into a leading, end-to-end integrated business services platform, transitioning from a traditional IFM provider to a diversified enterprise offering both IFM and BSS solutions. Incorporated on November 13, 2003, Updater Services Limited has its registered office in Chennai, Tamil Nadu, and holds a CIN of L74140TN2003PLC051955. The acquired shares carry a face value of ₹10 each.

Financial Performance of Updater Services Limited

The financial performance of Updater Services Limited reflects a consistent growth trajectory over the past three financial years. According to audited financial statements, the company has recorded a steady increase in turnover, as detailed below:

Transaction Details

The key parameters of the recent acquisition and the aggregate position are summarised below: