Shareholding5 Sept 2026, 03:01 pm
SIS Ltd Acquires 2.67% Stake in Updater Services Ltd
AI Summary
Updater Services Limited has announced that SIS Limited has acquired 17,86,545 equity shares, representing 2.67% of the paid-up equity share capital. This acquisition, made through the open market, increases SIS Limited's total holding in Updater Services Limited to 10.00%. The disclosure was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition date was September 4, 2026.
Key Highlights
- SIS Limited acquired 17,86,545 shares of Updater Services Ltd.
- The acquisition represents 2.67% of the target company's equity.
- SIS Limited's total holding in Updater Services now stands at 10.00%.
- The transaction was conducted via the open market.
- Disclosure made under SEBI Takeover Regulations.
Price Impact
More from UDS