Updater Services promoter Raghunandana Tangirala acquired 26,000 equity shares on the National Stock Exchange on September 17, 2026. The open-market purchase increased his stake in the company to 24.1631%.

The transaction was disclosed pursuant to Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this acquisition, Tangirala held 1,61,52,010 shares, representing a 24.1243% stake in the company.

Transaction Details

Tangirala purchased the shares through the NSE. The acquisition raised his shareholding by 0.0388 percentage points of the paid-up share capital. No derivatives trading or encumbrances were reported in connection with this transaction.

What the Numbers Show

The purchase reflects a modest increase in promoter ownership, with the stake rising from 24.1243% to 24.1631%. The acquisition adds to his existing holding without altering the total equity share capital of the company, which remains at ₹66,95,32,410 divided into 6,69,53,241 equity shares.

Updater Services has accepted the resignation of Samriti Malhotra as Chief Human Resources Officer, effective close of business on September 7, 2026. The departure follows a management decision to flatten the organizational structure and bring the HR function under direct Board oversight.

Ms. Malhotra decided to pursue opportunities outside the UDS Group following this structural change. Executive Director Jigyasa Sarma will now assume direct charge of the HR function and the People agenda.

Structural Changes

The company stated that the move aims to ensure the HR function receives direct attention from the Board and its Executive Members. As a consequence of this change, the Head of HR position will no longer be considered a member of Senior Management with effect from September 7, 2026.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Sandhya Saravanan signed the intimation to the BSE and NSE on September 8, 2026.