Updater Services has secured a major victory in its GST appeal case, with the appellate authority completely dropping a substantial tax demand. The company informed stock exchanges about this favorable development through a regulatory filing on February 4, 2026.

Appeal Outcome Details

The Joint Commissioner (St), Appeals, Chennai issued an order on February 3, 2026, with reference number ZD330226020901W, dropping the GST demand in its entirety. The company received this order on the same date it was passed.

Financial Impact

The appellate authority's decision has significant positive financial implications for Updater Services Limited. Based on the company's submissions and documentary evidence presented during the appellate proceedings, the authority ruled in favor of the company.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This notification follows the company's earlier intimation to stock exchanges dated April 17, 2024, regarding the ongoing GST matter.

The favorable order means the demand raised by the GST Department now stands completely set aside, with no remaining liability for the company. This resolution eliminates a significant contingent liability that had been pending since the original GST proceedings began.

Updater Services Limited has announced the availability of the audio recording from its Q3 and 9M FY26 earnings conference call that was held on February 6, 2026. The recording is now accessible on the company's official website, fulfilling regulatory disclosure requirements under SEBI regulations.

Earnings Call Completion and Audio Availability

Following the scheduled earnings conference call on February 6, 2026 at 11:00 AM IST, the company has made the complete audio recording available for stakeholders who were unable to participate in the live session. The recording provides comprehensive coverage of the financial results discussion for the quarter and nine months ended December 31, 2025.

Key Participants and Management Involvement

The earnings call featured key management personnel who presented and discussed the financial results:

Regulatory Compliance and Documentation

The audio recording availability was communicated to both BSE Limited (Scrip Code: 543996) and National Stock Exchange of India Limited (NSE Code: UDS) on February 6, 2026. Company Secretary and Compliance Officer Sandhya Saravanan digitally signed the official communication, ensuring full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Access Information for Stakeholders

Investors and stakeholders can access the complete earnings call recording through the company's website at www.uds.in . The audio file is available in MP3 format under the "Q3 & FY'26" section, providing convenient access to the financial results discussion and management commentary on the company's performance for the quarter and nine months ended December 31, 2025.