Updater Services Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Updater Services Limited submitted annual promoter shareholding disclosures as required under SEBI regulations. Five promoters declared their holdings as of March 31, 2026: Raghunandana Tangirala holds 24.12% (1,61,52,010 shares), Shanthi Tangirala holds 20% (1,33,93,680 shares), Tangi Facility Solutions Private Limited holds 10.71% (71,73,440 shares), Anjan Sharma holds 3.50% (23,44,025 shares), and Jigyasa Sharma holds 0.75% (5,00,000 shares). Combined promoter holding is approximately 59.08%. All promoters declared they have not created any encumbrances on their shares during the financial year 2025-26.
The disclosure shows stable promoter ownership with no pledging of shares, which is a positive signal for investors as it indicates no risk of promoter stake being sold to meet margin calls. Promoters collectively hold a majority stake of about 59%, ensuring control remains with the founding group.