SIS has acquired 28,13,000 equity shares of Updater Services (UDS), representing 4.20% of the paid-up equity share capital of UDS. The acquisition of shares forms part of the company's ongoing treasury management operations.
UDS operates in the Integrated Facilities Management (IFM) and Business Support Services (BSS) industry and has strategically evolved into a leading, end-to-end integrated business services platform.
SIS provides security, facility management and cash logistics services, which are essential to the functioning of a vibrant and healthy economy.