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- SIS Limited (NSE: SIS) completed a cash acquisition of Updater Services Limited (UDS) on 19 June 2026, paying ₹32.4 million.
- The target reports a turnover of ₹17.6 billion and profit after tax of ₹528.6 million, indicating a sizable business in the IFM and BSS sector.
- SIS’s existing stake in UDS rises from 0.0436 % to an additional 0.0027 %, a modest increase that does not materially change its shareholding.
- The deal is an arm‑length, non‑related‑party transaction with no regulatory approvals required, positioned as a treasury‑management move rather than a strategic expansion.
- Investors face no new promoter or related‑party risks, and the cash outlay is small relative to the target’s financial size.
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