Raghunandana Tangirala, a promoter of Updater Services Limited, acquired 20,000 equity shares of the company on September 26, 2025, increasing his stake by 0.0299%. The acquisition was made through open market purchases, according to a regulatory filing.
Following the acquisition, Tangirala's shareholding in Updater Services increased from 23.9175% to 23.9474% of the paid-up share capital.
| Particulars | Before Acquisition | Acquisition | After Acquisition |
|---|---|---|---|
| Shares carrying voting rights | 1,60,13,579 | 20,000 | 1,60,33,579 |
| % w.r.t. total share/voting capital | 23.9175% | 0.0299% | 23.9474% |
| % w.r.t. total diluted share/voting capital of the TC | 23.9175% | 0.0299% | 23.9474% |
The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The equity share capital of Updater Services Limited before and after the acquisition remains at ₹66.95 Crores, divided into 6,69,53,241 equity shares of ₹10 each.
The total diluted share/voting capital of the TC after the said acquisition is ₹66.95 Crores divided into 6,69,53,241 equity shares of ₹10 each.
The disclosure was submitted to both the National Stock Exchange of India Limited (NSE) and BSE Limited.
Raghunandana Tangirala is categorized as a Promoter/Promoter group member of Updater Services Limited.
The disclosure was submitted to both the National Stock Exchange of India Limited (NSE) and BSE Limited.
Raghunandana Tangirala is categorized as a Promoter/Promoter group member of Updater Services Limited.
The equity share capital of Updater Services Limited after the acquisition is ₹66.95 Crores divided into 6,69,53,241 equity shares of ₹10 each.
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