NSEDisclosure under SEBI Takeover Regulations3d ago · 24 Jul 2026, 04:06 pm
Disclosure under SEBI Takeover Regulations
Updater Services Limited · UDS
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Updater Services Limited has submitted a disclosure under SEBI Takeover Regulations, stating that promoter Anjan Sarma has gifted 23,44,025 equity shares to his brother, resulting in Anjan Sarma's shareholding decreasing to 0.00%.
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Full Announcement
Updater Services Limited has submitted to the Exchange a copy of Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
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Redefining Business
Services
July 01, 2026
To: To:
BSE Limited (BSE) National Stock Exchange of India Limited
Corporate Relationship Department (NSE)
Phiroze Jeejeebhoy Towers, Listing Department
25th Floor, Dalal Street, Exchange Plaza, 5th Floor, Plot No. C/1,
Mumbai - 400001 G Block, Bandra Kurla Complex, Bandra
(East),
Mumbai 400051
BSE Scrip Code: 543996 NSE Code: UDS
Dear Sir/Madam,
Sub: Disclosure in terms of Regulation 2 of SEBI (SAST) Regulations, 2011.
Pursuant to Regulation 29 of the SEBI Takeover Regulations, please find enclosed the
disclosure from Mr.Anjan Sarma and Mr. Tangirala Venkata Subbiah Sarma, the
Promoters of the Company in the prescribed format.
Further, we wish to inform you that there is no change in the aggregate shareholding of
promot r post the process.
This is for your information and records.
Yours faithfully,
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
June 30, 2026
Updater Services Limited BSE Limited (BSE) National Stock Exchange of
India Limited (NSE)
1st Floor, No. 42, Corporate Relationship
Gandhi Mandapam Road, Department, Listing Department Exchange
Kotturpuram, Chennai Plaza,
600085 Phiroze Jeejeebhoy
Towers, 25th Floor, Dalal 5th Floor, Plot No. C/1, G
Street, Mumbai - 400001 Block, Bandra Kurla Complex,
Bandra (East), Mumbai
BSE Scrip Code: 543996 400051
NSE Code: UDS
Kind Attn: The Company Secretary
Subject: Disclosure under Regulation 29(1) and 29(2) of SEBI (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011
Dear Sir/Mam,
I, Mr. Anjan Sarma (PAN: CYVPA3047E), one of the promotors of Updater Services
Limited holding 23,44,025 equity shares (3.50%) of the company, wish to inform you
that I have gifted 23,44,025 equity shares of the Company to my brother Mr. Tangirala
Venkata Subbiah Sarma, promotor (PAN: CXEPT5691K) on June 30, 2026.
Pursuant to this gift, my shareholding in the Company has decreased to 0.00% of the
paid-up share capital, i.e., from 3.50% (last reported holding) to 0.00% resulting in Nil
holding.
In accordance with Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011, please find enclosed herewith the requisite
disclosure in the prescribed format.
You are kindly requested to take the same on record and acknowledge receipt.
Thank you.
Yours faithfully,
Anjan Sarma
(Promoter)
Format for Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares
and Takeovers) Regulations, 2011
Details of Sale
Name of the Target Company (TC) Updater Services Limited
Name(s) of the seller/acquirer and Persons Anjan Sarma
Acting in Concert (PAC) with the acquirer
Whether the seller/acquirer belongs to Yes
Promoter/Promoter group
Name(s) of the Stock Exchange(s) where the 1) National Stock Exchange of India Limited
shares of TC are Listed 2) BSE Limited
Details of the acquisition / disposal as Number % w.r.t. % w.r.t. total
follows total diluted
share/voti share/voting
n g capital capital of the TC
wherever (**)
applicable
Before the acquisition/ disposal under
consideration, holding of:
a) Shares carrying voting rights 23,44,025 3.5009 3.5009
b) Shares in the nature of encumbrance - - -
(pledge/lien/non-disposal undertaking/others)
c) Voting rights (VR) otherwise than by equity - - -
shares
d) Warrants/convertible securities/any other - - -
instrument that entitles the acquirer to
receive shares carrying voting rights in the
TC (specify holding in each category)
e) Total (a+b+c+d) 23,44,025 3.5009 3.5009
Details of acquisition/sale
a) Shares carrying voting rights acquired/sold 23,44,025 3.5009 3.5009
b) VRs acquired otherwise than by equity shares - - -
c) Warrants/convertible securities/any other - - -
instrument that entitles the acquirer to
receive shares carrying voting rights in the
TC (specify holding in each category)
acquired/sold
d) Shares in the nature of encumbrance pledge/ - - -
lien/ non-disposal undertaking/others)
e) Total (a+b+c+/-d) 23,44,025 3.5009 3.5009
After the acquisition/sale, of:
a) Shares carrying voting rights 0 0.0000 0.0000
b) Voting rights (VR) otherwise than by equity - - -
shares
c) Warrants/convertible securities/any other - - -
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category)
d) Shares in the nature of encumbrance - - -
(pledge/lien/ non-disposal undertaking/others)
e) Total (a+b+c+d) 0 0.0000 0.0000
Mode of sale/acquisition Off Market
(e.g. off market/open market / public issue /
rights issue / preferential allotment / inter-se
transfer/encumbrance, etc.)
Salient features of the securities sold/acquired Equity Shares of the Target Company
including time till redemption, ratio at which it
can be converted into equity shares, etc.
Date of sale/acquisition of/ date of receipt of June 30, 2026
intimation of allotment of shares / VR/
warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares in the TC.
Equity share capital / total voting capital of Rs. 66,95,32,410/- divided into 6,69,53,241
the TC before the said sale/acquisition equity shares of Rs. 10/- each
Equity share capital/ total voting capital of the Rs. 66,95,32,410/- divided into 6,69,53,241
TC after the said sale/acquisition equity shares of Rs. 10/- each
Total diluted share/voting capital of the TC Rs. 66,95,32,410/- divided into 6,69,53,241
after the said sale/acquisition equity shares of Rs. 10/- each
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company
to the Stock Exchange under Reg. 31 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations 2015.
(**) Diluted share/voting capital means the total number of shares in the TC assuming full
conversion of the outstanding convertible securities/warrants into equity shares of the TC.
Anjan Sarma
(Promoter)
Place: Chennai
Date: June 30, 2026