The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Raghunandana Tangirala
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Mr. Raghunandana Tangirala, a Promoter of Updater Services Limited, bought 8,000 equity shares through the open market on December 9, 2025. His holding in the company rose from 24.1377% to 24.1496%, an increase of 0.0119% of the paid-up share capital. The acquisition was disclosed under Regulation 29(1) and 29(2) of the SEBI Takeover Regulations, 2011. The company's total share capital remains Rs. 66,95,32,410, divided into 6,69,53,241 equity shares of Rs. 10 each.
This is a minor open-market purchase by the promoter and is too small to materially affect the stock price. It signals continued promoter confidence in the company, but the change in ownership is negligible for shareholders.