
Updater Services: Raghunandana Tangirala re-appointed as CMD for 5 years
Updater Services Limited announced the re-appointment of Mr. Raghunandana Tangirala as the Managing Director and Chairperson for a period of five years, effective January 1, 2027. The Board approved this re-appointment on May 28, 2026, following the recommendation of the Nomination and Remuneration Committee. Mr. Tangirala, a first-generation entrepreneur with over four decades of experience in the Integrated Facilities Management (IFM) industry, has been instrumental in the company's growth, including its IPO and strategic acquisitions. The Board emphasized that his continued leadership is vital for integrating these acquisitions, realizing long-term strategic synergies, and ensuring the company's continuity, stability, and sustained growth. He is also noted as the father-in-law of Mrs. Jigyasa Sharma, an Executive Director of the company.
Key Highlights
- Mr. Raghunandana Tangirala re-appointed as CMD for five years.
- New term as Managing Director and Chairperson starts January 1, 2027.
- His leadership is crucial for growth and integration of acquisitions.
- Board cites extensive experience and strategic vision for re-appointment.
- He is related to Executive Director Mrs. Jigyasa Sharma.
Price Impact
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