Updater services promoter increases stake through open market acquisition

Raghunandana Tangirala, a promoter of Updater Services Limited, acquired 11,000 equity shares of the company on November 21, 2025, through an open market transaction. This acquisition falls under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Following this transaction, Tangirala's total shareholding in Updater Services Limited increased by 0.0165% of the paid-up share capital. His stake now stands at 24.0959%, up from the previously reported 24.0794%. The total shares carrying voting rights after the acquisition amount to 1,61,32,979.

The equity share capital of the company before and after the acquisition remains at ₹66,95,32,410, divided into 6,69,53,241 equity shares of ₹10 each. The acquisition was disclosed to both BSE Limited and the National Stock Exchange of India Limited.