
Shareholding5 Sept 2026, 12:30 pm
SIS Ltd Acquires 2.67% Stake in Updater Services Ltd
AI Summary
SIS Limited has disclosed the acquisition of 17,86,545 equity shares in Updater Services Limited, representing 2.67% of the target company's paid-up equity share capital. This acquisition, made through the open market, increases SIS Limited's total holding in Updater Services to 10.00% (7.22% on a diluted basis). The transaction occurred on September 4, 2026. This disclosure is made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, following a previous disclosure on August 1, 2026.
Key Highlights
- SIS Ltd acquired 17,86,545 shares of Updater Services Ltd.
- The acquisition represents 2.67% of Updater Services' equity capital.
- SIS Ltd's total holding in Updater Services now stands at 10.00%.
- The acquisition was made via the open market.
- Disclosure filed under SEBI Takeover Regulations.
Price Impact
More from UDS