Updater Services Limited has informed the exchanges regarding the proposed closures of step down subsidiaries namely M/s. Denave Europe Limited and M/s. Denave Korea Limited.

Redefining Business Services October 01, 2026 To: To: BSE Limited (BSE) National Stock Exchange of India Limited (NSE) Listing Department Corporate Relationship Department Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers, G Block, Bandra Kurla Complex, Bandra (East), 25th Floor, Dalal Street, Mumbai- Mumbai — 400051 400001 Dear Sir/Madam, Sub: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 30 read with Para A of Schedule III of the SEBI (LODR) Regulations, 2015, Please be informed that Denave India Private Limited, a material subsidiary of Updater Services Limited (the “Company”), has decided to voluntarily close its wholly owned subsidiaries, Denave Europe Limited and Denave Korea Limited to let the group focus on more promising opportunities. The process of closure will be initiated and undertaken in accordance with the applicable laws and regulatory requirements of the relevant jurisdictions. The closure of the aforesaid step-down subsidiaries of Updater Services Limited does not have any material financial impact on the books of the Company. The details required under Regulation 30 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure A. This is for your information and records. For Updater Services Limited Sandhya Saravanan Company Secretary and Compliance Officer A66942 Updater Services Limited (earlier Updater Services Pvt Ltd) 1st Floor, No.42, Gandhi Mandapam Road, Kotturpuram, Chennai - 600085 +91 44 2446 3234 I 0333 I sales@uds.in I facility@uds.in I www.uds.in I CIN L74140TN2003PLC051955 Our Values: happy people I clear purpose I better everyday I do good I balance all Redefining Business Services Annexure A Sr. No. Particulars Details a Amount and percentage of 1. Denave Europe Limited: turnover/revenue/income and net worth Contributed by such unit or On Total Turnover basis: division or Undertaking or subsidiary or INR 19.23 Million (0.07%) associate company of the listed entity On Net Worth basis: during the last financial year (ratios INR 18.17 Million (0.17%) are with reference to the consolidated financials of listed entity). 2. Denave Korea Limited: On Total Turnover basis: INR 115.50 Million (0.39%) On Net Worth basis: INR 22.37 Million (0.22%) b Date on which agreement for sale Not Applicable entered into c the expected date of completion of Under process of voluntary closure and sale/disposal actual date of closure would be separately intimated on closure of the Subsidiary. d Consideration received from such Not Applicable sale/disposal e Brief details of buyers and whether Not Applicable any of buyers belong to the promoter/ promoter group/group companies. If yes, details thereof f Whether the transaction would fall Yes within related party transactions? If yes, whether the same is done at “arm's length” g Whether the sale, lease or disposal of Not Applicable the undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations h Additionally, in case of a slump sale, Not Applicable indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale Updater Services Limited (earlier Updater Services Pvt Ltd) 1st Floor, No.42, Gandhi Mandapam Road, Kotturpuram, Chennai - 600085 +91 44 2446 3234 I 0333 I sales@uds.in I facility@uds.in I www.uds.in I CIN L74140TN2003PLC051955 Our Values: happy people I clear purpose I better everyday I do good I balance all