Updater Services Ltd

AGM Details

• AGM held on 25 August 2026 at 12:30 PM IST via VC/OAVM.
• 47 members attended via VC/OAVM.
• Meeting concluded at 1:30 PM.

Ordinary Business

• Adoption of Audited Standalone & Consolidated Financial Statements for FY ended 31 March 2026.
• Re-appointment of Mrs. Jigyasa Sharma as Executive Director, liable to retire by rotation.

Special Business

• Re-appointment of Mr. Raghunandana Tangirala as Chairperson & MD for five years (2027–2031).

Voting Results

• Voting results for all resolutions are not disclosed in the filing.

Meeting Details

• Date and time: 14 August 2026, 2:00 PM onwards.
• Nature of meeting: 1x1 / Group; Organized by Emkay Global.
• Place: Mmbi.

Participants

• Company officials to attend; specific roles not disclosed.

Purpose

• Discussions will be based on publicly available information.

Additional Notes

• Recording/presentation availability not indicated.

Designation change

• Saravanan C.R moves from COO to CGO, effective Aug 12, 2026.
• Reason: to align with consolidation and growth in the IFM industry.
• Profile: with the company since 2016; COO since Jan 2024.
• Board approved change via circular resolution dated Aug 11, 2026.

COO appointment

• Rajeev Bhardwaj appointed Chief Operating Officer, effective Aug 12, 2026.
• Profile: B.Com; 38 years in operations and facilities management.
• Prior role: Director - Operations (National Operational Head) at Compass India.
• Board approval via circular resolution dated Aug 11, 2026.

Meeting Details

• Date & time: 31 July 2026, 12:00 IST.
• Type/Mode: earnings conference call, virtual.
• Event: Q1 FY27 Earnings Conference Call.

Participants

• Key company participants: Promoter, MD & Chairman; Senior Executive Director & Whole-Time Director; Group CFO.

Purpose

• Purpose: earnings results discussion and investor interaction.

Additional Notes

• Information will be available on the company website.

Meeting Details

• Board meeting scheduled for July 30, 2026; time and venue not disclosed.

Key Agenda Items

• Consider standalone and consolidated unaudited results for quarter ended June 30, 2026, with Limited Review Report.
• Consider declaration of Interim Dividend, if any.

Other Notes

• No other material notes at this time.

Transfer details

• Target: Updater Services Limited; Acquirer: Anjan Sarma (Promoter, promoter group).
• Promoter group: Yes; PAC: Not disclosed.
• Exchanges: NSE and BSE listed.
• Pre-acquisition holding: 23,44,025 shares (3.5009%).
• Post-acquisition holding: 0 shares (0%).
• Acquisition/disposal: Gift to brother on 30 June 2026; off-market.
• Mode: Off Market; Date: June 30, 2026.
• Equity capital before/after: Rs 66,95,32,410; 6,69,53,241 shares.
• Total diluted voting capital after: Rs 66,95,32,410; 6,69,53,241 shares.
• Encumbrance: None.

Dematerialisation status

• No demat/remat requests were received or processed in quarter ended 30 June 2026.
• Securities dematerialised have been listed on the stock exchanges where the earlier securities are listed.
• Physical certificates were mutilated and cancelled; depository name substituted as registered owner within prescribed timelines.

Acquisition details

• Target company: Updater Services Limited.
• Acquirer SIS Limited; no PACs reported.
• Acquirer does not belong to promoter/promoter group.
• Listed on NSE and BSE.
• Pre-acquisition voting rights: 32,67,184 shares (4.88%).
• Pre-acquisition encumbrances: Nil.
• Pre-acquisition diluted share/voting capital: 4.80%.
• Acquired voting rights: 1,96,289 shares (0.29%).
• Encumbrances: Nil.
• Post-acquisition voting rights: 34,63,473 shares (5.17%).
• Post-acquisition diluted capital: 5.09%.
• Equity capital before: 6,69,53,241 shares of INR 10.
• Equity capital after: 6,69,53,241 shares.
• Total diluted capital after: 6,80,45,783 shares.
• Date of acquisition: July 3, 2026.
• Mode of acquisition: Open Market.
• Salient features of securities: Not applicable.

Promoter share transfer under Reg 29

• Gifted 23,44,025 equity shares to Tangirala Venkata Subbiah Sarma on June 30, 2026.
• Promoter Anjan Sarma's holding reduces from 3.50% to 0.00%.
• Promoter Tangirala Venkata Subbiah Sarma's holding increases to 3.50%.
• Aggregate promoter shareholding remains unchanged post-transfer.
• Total equity share capital remains Rs 66,95,32,410 across 6,69,53,241 shares.
• Disclosure filed under Regulation 29(1) and 29(2) of SEBI Takeovers.

PIT continual disclosure

• Form C submitted under PIT for continual promoter holdings disclosure.
• Promoter Anjan Sarma disposed equity shares via off-market gift on 30-06-2026.
• Promoter Tangirala Venkata Subbiah Sarma acquired equity shares via off-market transfer on 30-06-2026.
• Company Secretary and Compliance Officer coordinates PIT disclosures.