Updater Services Ltd

Updater Services Limited has announced significant changes in its senior management team, effective August 12, 2026. Mr. Saravanan C.R. transitions from Chief Operating Officer (COO) to Chief Growth Officer (CGO), tasked with driving new business, market expansion, and strategic growth initiatives. Concurrently, Mr. Rajeev Bhardwaj has been appointed as the new Chief Operating Officer (COO). These changes are part of the company's strategy to adapt to industry consolidation and transformation within the IFM sector, aiming to unlock new growth opportunities.

Updater Services Ltd has issued a letter to shareholders who have not registered their email addresses, providing a web-link and exact path to access the Annual Report for FY 2025-26. This action is in compliance with Regulation 36(1)(b) of the SEBI Listing Regulations. The company encourages shareholders to update their email addresses for future communications and to support green initiatives. Contact details for the Registrar and Share Transfer Agent, MUFG Intime India Private Limited, are provided for any queries.

Updater Services Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-2026. The report, filed as per SEBI Listing Regulations, details the company's ESG performance. It covers general disclosures, business activities contributing 100% of turnover to support services (housekeeping & maintenance), and operational details including 35 national offices. The company serves diverse sectors across 27 Indian states and has a minimal export contribution of 0.09%. The BRSR is available on the company's website and was sent electronically to members.

Updater Services Limited has submitted its Annual Report for the Financial Year 2025-26, as per SEBI regulations. The report is available on the company's website (www.uds.in) and details the company's performance, financial statements, and corporate information. Key highlights for FY25-26 include Total Revenue of ₹29,395 Mn, Adjusted EBITDA of ₹1,759 Mn, and PAT of ₹828 Mn. The company emphasizes its role in driving operational excellence through innovation and partnership, serving diverse industries with integrated facility management and business support services.

Updater Services Limited has announced the notice for its 23rd Annual General Meeting (AGM), scheduled to be held on Tuesday, August 25, 2026, at 12:30 PM IST. The meeting will be conducted virtually via Video Conferencing (VC) and Other Audio Visual Means (OAVM). Key agenda items include the approval of the Audited Financial Statements for the financial year 2025-26, the re-appointment of Mrs. Jigyasa Sharma as an Executive Director, and the re-appointment of Mr. Raghunandana Tangirala as Chairperson & Managing Director for a five-year term commencing January 1, 2027. The notice has been sent electronically to members and is also available on the company's website.

SIS Limited has acquired 14,47,295 equity shares of Updater Services Limited, representing 2.16% of the paid-up equity share capital. This acquisition, made through the open market, increases SIS Limited's total holding in Updater Services to 7.33%. The transaction was disclosed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, following a previous disclosure on July 6, 2026. The total diluted share capital of Updater Services Limited after the acquisition stands at 6,80,45,783 equity shares.

Updater Services Ltd has filed its Monitoring Agency Report for the quarter ended June 30, 2026, with the BSE and NSE. The report, issued by ICRA Limited, confirms that the utilization of the Initial Public Offer (IPO) proceeds is in line with the objects of the issue, with no deviation observed. The IPO, which opened on September 25, 2023, and closed on September 27, 2023, had an issue size of ₹640.00 crore. This report is a regulatory requirement under SEBI (LODR) Regulations, 2015, and SEBI (ICDR) Regulations, 2018.

Updater Services Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also approved the declaration of an interim dividend of ₹1 per equity share for the Financial Year 2026-27. The company has fixed August 05, 2026, as the record date for this dividend, which will be paid on or before August 28, 2026. The financial results and limited review report have been attached and will be published in newspapers and made available on the company's website.

Updater Services Ltd's Board of Directors, at its meeting on July 30, 2026, approved an interim dividend of ₹1 per equity share of face value ₹10 each for the Financial Year 2026-27. The company has set Wednesday, August 05, 2026, as the record date for determining eligible shareholders. The interim dividend is scheduled to be paid on or before Friday, August 28, 2026. Additionally, the Board also considered and approved the Standalone and Consolidated Un-audited Financial Results along with the Limited Review Report for the quarter ended June 30, 2026.

Updater Services Ltd announced the declaration of an interim dividend of ₹1 per equity share for the Financial Year 2026-27. The record date for determining shareholder eligibility for this dividend has been fixed as Wednesday, August 5, 2026. The dividend payment is scheduled to be made on or before Friday, August 28, 2026. The Board of Directors also approved the unaudited financial results for the quarter ended June 30, 2026, along with the limited review report. These results will be published in newspapers and made available on the company's website.