SIS Ltd crosses 5% stake in Updater Services via open market buy

Creeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

UDS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.0%Reaction day

₹188.96

prior close

₹189.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.7%+0.7% vs market

Diversified Commercial Services peers, median of 73sector-0.4%+0.4% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 0.4 pts more than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.5

10m

-0.4

15m

-0.7

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0-0.7+0.7-0.4+0.4

Next day

-0.8-2.7+1.9-2.0+1.2

+4.0-0.8+4.8-1.2+5.2

+5.7+0.5+5.1-1.6+7.2

+4.1+0.7+3.4-0.7+4.8

+0.8-0.3+1.1-1.7+2.5

+3.0-0.2+3.1-1.7+4.6

15d

+9.1-1.7+10.8-2.9+12.0

+11.1+2.7+8.4-0.5+11.6

+15.3+4.8+10.6-1.8+17.1

+15.4+3.2+12.1-8.2+23.5

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 73Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

SIS Limited acquired 1,96,289 equity shares (0.29%) of Updater Services on July 3, 2026, through open market purchases. This took its total holding from 4.88% (32,67,184 shares) to 5.17% (34,63,473 shares), crossing the 5% disclosure threshold under SEBI takeover rules. SIS is not part of the promoter group of Updater Services.

Likely market impact

A non-promoter crossing 5% signals strategic interest in Updater Services; investors should watch for further buying toward the next disclosure trigger.