SIS has acquired an additional 1,08,000 equity shares of Updater Services (UDS), representing 0.16% of the paid-up equity share capital of UDS. The acquisition of shares forms part of the company's ongoing treasury management operations.
Consequent to the aforesaid acquisition, the aggregate shareholding of the company in UDS stands at 29,21,000 equity shares, representing 4.36% of the paid-up equity share capital of UDS.
Earlier, the company had acquired 28,13,000 equity shares of UDS, representing 4.20% of the paid-up equity share capital of UDS.
SIS provides security, facility management and cash logistics services, which are essential to the functioning of a vibrant and healthy economy.
