Updater Services Limited
All news and filings related to Updater Services Limited.
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Updater Services Limited: CHRO Samriti Malhotra Resigns; HR Function Under Executive Director
Updater Services Limited announces that CHRO Samriti Malhotra has resigned, effective September 07, 2026. Executive Director Jigyasa Sarma will now directly oversee the HR function. This change is part of a strategy to flatten the organizational structure.
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Updater Services Limited's 23rd AGM: All resolutions passed, including re-appointments.
Updater Services Limited's 23rd AGM on August 25, 2026, saw all resolutions passed. This included approving FY26 standalone and consolidated financial statements. Mrs. Jigyasa Sharma was re-appointed as Executive Director, and Mr. Raghunandana Tangirala was re-appointed as Chairperson & Managing Director from January 1, 2027, to December 31, 2031.
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Updater Services Limited Holds 23rd AGM; Approves FY26 Financials, Reappoints Directors
Updater Services Limited held its 23rd AGM on August 25, 2026. Key decisions included approving FY26 financials and re-appointing Mrs. Jigyasa Sharma as Executive Director. Mr. Raghunandana Tangirala was re-appointed as Chairperson & Managing Director for five years from Jan 1, 2027.
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Updater Services Limited to Attend Emkay Global Conference on August 14, 2026
Updater Services Limited will attend an investor conference organized by Emkay Global on August 14, 2026, in Mumbai. The meetings will be one-on-one and group sessions. Discussions will be limited to publicly available information.
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Updater Services Appoints Rajeev Bhardwaj as COO, Saravanan C.R. Becomes CGO
Updater Services Limited appointed Rajeev Bhardwaj as COO and Saravanan C.R. as CGO, effective August 12, 2026. Mr. Bhardwaj brings over 38 years of experience in operations management. Mr. Saravanan will focus on new business, market expansion, and growth strategy.
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Updater Services Q1 FY27 Earnings Call Transcript Released; Interim Dividend Declared
Updater Services Limited released its Q1 FY27 earnings call transcript. The company declared an interim dividend of ₹1 per share. IFM revenue grew 11% to ₹525 crore, and BSS revenue was ₹253 crore. Consolidated revenue rose 9% to ₹764 crore, with EBITDA at ₹42 crore and PAT at ₹30.3 crore.
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Updater Services Limited Announces 23rd AGM, Cut-off Date, and E-voting Information
Updater Services Limited announced its 23rd Annual General Meeting (AGM) and provided e-voting information. Notices were published in The Financial Express and Makkal Kural on August 04, 2026. This complies with company law and SEBI regulations.
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Updater Services Limited Announces 23rd AGM on August 25, 2026, and Releases FY26 Annual Report
Updater Services Limited will hold its 23rd AGM on August 25, 2026, at 12:30 PM IST via VC/OAVM. The company has released its Annual Report for FY 2025-26, accessible via a provided weblink for members who haven't registered email addresses.
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Updater Services Limited Announces 23rd AGM on Aug 25, 2026; Re-appointment of Directors on Agenda
Updater Services Limited will hold its 23rd AGM on August 25, 2026, via VC/OAVM. The agenda includes approving FY26 financial statements. Mrs. Jigyasa Sharma is proposed for re-appointment as Executive Director. Mr. Raghunandana Tangirala is set for re-appointment as Chairperson & MD for five years from Jan 1, 2027, with a salary of ₹1.92 crore.
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Updater Services Limited Publishes Un-audited Financial Results for Q1 FY27
Updater Services Limited published its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were published in newspapers on August 01, 2026, as per SEBI regulations.
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Updater Services Limited Q1 FY27 Earnings Call Audio Recording Available
Updater Services Limited has released the audio recording of its earnings call for the quarter ended June 30, 2026. The recording, covering Q1 and FY'27 performance, is available on the company's website.
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Updater Services Limited IPO: Monitoring Agency Report Confirms No Deviation in Fund Utilization
Updater Services Limited's Monitoring Agency Report for Q1 FY2027 confirms no deviation in IPO fund utilization. Proceeds of INR 377.87 crore were allocated to debt repayment, working capital, inorganic initiatives, and general corporate purposes. All objectives are on schedule for completion by March 31, 2025.
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Updater Services Q1 FY27 Results: Revenue Up 9% YoY to ₹764.3 Crore, Declares Interim Dividend of ₹1
Updater Services Limited reported Q1 FY27 revenue of ₹764.3 crore, up 9% YoY, driven by IFM and BSS segments. PAT rose 4% YoY to ₹30.3 crore. The company declared an interim dividend of ₹1 per share. Margins were impacted by business mix and employee costs, with plans to integrate AI for cost rationalization.
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Updater Services Declares Interim Dividend of ₹1 Per Share
Updater Services Limited declared an interim dividend of ₹1 per equity share for FY27. The company also approved its Q1 FY27 standalone and consolidated financial results. Standalone revenue was ₹4,634.95 million, and consolidated revenue was ₹7,642.91 million.
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Updater Services Limited Schedules Q1 FY27 Earnings Conference Call for July 31, 2026
Updater Services Limited will hold its Q1 FY27 Earnings Conference Call on July 31, 2026. The call will include management discussions on company performance and outlook. Dial-in details and a pre-registration link are available.
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Updater Services Limited Promoters Gift Shares, Promoter Holding Changes to 0%
Promoter Anjan Sarma gifted 23,44,025 equity shares (3.50%) of Updater Services Limited to his brother, Tangirala Venkata Subbiah Sarma, on June 30, 2026. This reduces Anjan Sarma's holding to 0.00%. The promoter group's aggregate shareholding remains unchanged.
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Updater Services Limited Files SEBI Compliance Certificate for Q1 FY27
Updater Services Limited filed a compliance certificate for the quarter ended June 30, 2026, under SEBI regulations. The certificate confirms the processing of dematerialisation requests. MUFG Intime India Private Limited issued the certificate.
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Updater Services Limited: Mr. Amitabh Jaipuria Appointed Whole-time Director
Updater Services Limited shareholders approved the appointment of Mr. Amitabh Jaipuria as Whole-time Director and Key Managerial Personnel. The postal ballot process concluded on June 25, 2026, with the resolution passing via special resolution.
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Updater Services Limited Shareholders Approve Director's Designation Change
Updater Services Limited shareholders approved the change in designation for Mr. Amitabh Jaipuria to Senior Executive Director and Whole-time Director. The resolution passed with 99.77% of votes in favor. His annual remuneration is set at ₹1.50 crore, with variable pay to be decided.
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Updater Services Limited Releases Q4 & FY26 Earnings Call Transcript
Updater Services Limited released its Q4 & FY26 earnings call transcript. Key leadership changes include Amitabh Jaipuria's elevation and Ram Praveen's appointment as CFO. FY26 revenue grew 7% to ₹2,960 crore. IFM revenue rose 10% to ₹1,995 crore, while BSS revenue was flat at ₹965 crore. The company has a net cash position and is exploring acquisitions.
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Updater Services Limited Subsidiary Director Resigns
Mr. Subinder Jeet Singh Khurana has resigned as an Independent Director of Denave India Private Limited, a material subsidiary of Updater Services Limited. The resignation is effective July 31, 2026, due to personal commitments.
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Updater Services Limited Publishes Audited Financial Results for FY26
Updater Services Limited published its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The results were published on May 30, 2026, in the Financial Express and Makkal Kural newspapers.
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Updater Services Limited (UDS) Releases Audio Recording of Q4 & FY26 Earnings Call
Updater Services Limited released the audio recording of its earnings call for the quarter and financial year ended March 31, 2026. The recording is available on the company's website.
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Updater Services Limited Announces Audited FY26 Results with Investor Presentation
Updater Services Limited announced its audited financial results for FY26. Revenue stood at ₹29,602 Mn, with PAT at ₹828 Mn. The company highlighted strong performance in its IFM segment and strategic investments in BSS. UDS maintains a net cash position with a Net Debt to Equity of -0.24x.
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Updater Services Limited Re-appoints Raghunandana Tangirala as MD & Chairperson for 5 Years
Updater Services Limited re-appointed Raghunandana Tangirala as Managing Director and Chairperson for a five-year term starting January 1, 2027. The decision was approved by the Board on May 28, 2026. Tangirala has extensive experience and has guided the company through IPO and acquisitions.
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Updater Services Limited Approves Audited FY26 Standalone & Consolidated Financial Results
Updater Services Limited's Board approved audited standalone and consolidated financial results for the year ended March 31, 2026. The results will be published in newspapers and on the company's website. The statutory auditors issued an unmodified opinion.
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Updater Services Limited Announces Completion of Postal Ballot Notice Publication
Updater Services Limited has completed newspaper publications and dispatched its Postal Ballot Notice, including remote e-voting details. This complies with SEBI regulations. The notice seeks shareholder approval for Amitabh Joiputia's appointment as Whole-time Director. Remote e-voting is open from May 27 to June 25, 2026.
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Updater Services Limited Schedules Q4 & FY26 Earnings Conference Call for May 29, 2026
Updater Services Limited will host an Earnings Conference Call on May 29, 2026, at 11:00 AM IST to discuss Q4 & FY26 results. Key management, including MD & Chairman Raghunandana Tangirala, will participate. Dial-in details and pre-registration links are provided.
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Updater Services Limited: Postal Ballot for Director Appointment & Remuneration
Updater Services Limited is seeking shareholder approval via postal ballot for Mr. Amitabh Jaipuria's appointment as Whole-time Director and Senior Executive Director. His tenure begins April 1, 2026, with a ₹1.5 crore annual salary. E-voting is open from May 27 to June 25, 2026.
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Updater Services Limited Files Promoter Shareholding Disclosure for FY26
Updater Services Limited has submitted promoter shareholding disclosures for the financial year ended March 31, 2026. The filing complies with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Regulation 31(4). This is a routine disclosure for the promoters' shareholding as of the financial year-end.
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Updater Services Limited: Monitoring Agency Report Confirms No Deviation in IPO Proceeds Utilization for FY2026
Updater Services Limited's Monitoring Agency Report for FY2026 confirms no deviation in IPO proceeds utilization. ₹377.87 crore net proceeds were used for debt repayment, working capital, inorganic initiatives, and general corporate purposes, all in line with the offer document. ICRA Limited issued the report.
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Updater Services Limited Not a Large Corporate as of March 31, 2026
Updater Services Limited confirms it is not a Large Corporate as of March 31, 2026, per SEBI guidelines. The company has NIL outstanding borrowings and holds credit ratings of AA-(Stable) and A1+ from ICRA.
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Updater Services Limited: Certificate Under SEBI (Depositories and Participants) Regulations, 2018
Updater Services Limited submitted a certificate for the quarter ended March 31, 2026, under SEBI (Depositories and Participants) Regulations, 2018. The RTA confirmed processing of dematerialization and rematerialization requests, ensuring compliance with depository regulations.
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Updater Services Appoints Amitabh Jaipuria as Senior Executive Whole-time Director
Updater Services Limited appointed Mr. Amitabh Jaipuria as Senior Executive Whole-time Director and Key Managerial Personnel from April 01, 2026. The appointment is for three years. Mr. Jaipuria has over 37 years of experience in leadership roles.
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Updater Services Limited Closes Trading Window from April 1, 2026, for Q4 FY26 Results
Updater Services Limited will close its trading window from April 1, 2026. The window will reopen 48 hours after the declaration of audited financial results for the quarter and fiscal year ending March 31, 2026. Insiders are prohibited from trading during this period.
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Updater Services Appoints Ram Praveen Radhakrishnan as New CFO, Surinder Kumar Resigns
Updater Services Limited appointed Ram Praveen Radhakrishnan as Group CFO and KMP, effective March 17, 2026. Surinder Kumar resigned as interim Group CFO, effective March 16, 2026. Radhakrishnan has 23 years of experience in financial management.
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Updater Services Limited to Attend Investor Summit on March 10, 2026
Updater Services Limited management will attend an investor summit organized by Arihant Capital Markets Limited on March 10, 2026. The virtual group meetings will focus on publicly available information, avoiding any unpublished price sensitive information.
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Updater Services Limited to Attend Investec Investor Conference in Mumbai on March 11
Updater Services Limited officials will attend an Investec Investor Conference on March 11, 2026, in Mumbai. The meetings will involve 1x1 and group interactions. Discussions will be limited to publicly available information, with no unpublished price sensitive information to be shared.
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Updater Services Limited's Demand Reduced to ₹46,382 from ₹41.6 Lakhs
Updater Services Limited received a revised order reducing a demand from ₹41.6 Lakhs to ₹46,382. The company is pursuing further legal options and expects no significant financial impact.
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Updater Services Limited Q3 FY26 Earnings Call Transcript Released
Updater Services Limited released its Q3 FY26 earnings call transcript. The company provided INR 230 million for Avon's logistics business and reported 14% IFM revenue growth to INR 5,182 million. UDS targets 9-10% full-year revenue growth and plans acquisitions using INR 2,053 million cash. Management discussed stabilization in Denave's margins and Athena's revenue.
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Updater Services Limited Q3FY26: Profit Declines, Faces Trade Receivables Irregularities
Updater Services Limited reported Q3FY26 consolidated results with a profit before tax of ₹52.46 million. The company faces potential irregularities in its subsidiary, Avon Solutions, leading to a ₹201 million provision for doubtful trade receivables. An exceptional item of ₹53.57 million was recorded due to new labor codes.
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Updater Services Limited Announces Un-audited Financial Results for Q3FY26
Updater Services Limited announced its un-audited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The results were published on February 7, 2026. The Board of Directors approved these results on February 5, 2026.
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Updater Services Limited Q3 FY26 Earnings Call Audio Recording Available
Updater Services Limited released the audio recording of their Q3 FY26 earnings call held on February 06, 2026. The call covered results for the quarter and nine months ended December 31, 2025. The recording is available on the company's website.
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Updater Services Limited Q3 & 9M FY26 Results: Revenue Up 10% & 8% YoY
Updater Services Limited reported Q3 FY26 revenue of ₹7,705 crore, up 10% YoY. For 9M FY26, revenue was ₹22,106 crore, up 8% YoY. Adjusted EBITDA for Q3 FY26 was ₹442 crore, impacted by a ₹201 crore provision for Avon receivables. The company expects profitability to normalize as contracts mature.
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Updater Services Limited: Sunil Munshi Appointed CEO of Subsidiary Denave India
Updater Services Limited's subsidiary, Denave India Private Limited, will see Mr. Sunil Munshi appointed as Chief Executive Officer. This appointment is effective from March 31, 2026, following the resignation of Mr. Snehashish Bhattacharjee. Mr. Munshi brings over 29 years of experience to the role.
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Updater Services Limited Reports Q3FY26 Standalone & Consolidated Un-audited Financial Results
Updater Services Limited approved its Q3FY26 standalone and consolidated un-audited financial results on February 5, 2026. The results pertain to the quarter and nine months ending December 31, 2025. A note in the limited review report mentions potential issues with trade receivables in a subsidiary, Avon Solutions & Logistics Private Limited, with an expense of INR 201 million recognized.
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Updater Services Limited Receives Favorable Order, GST Demand of ₹4.69 Crore Dropped
Updater Services Limited received an order on February 3, 2026, from Joint Commissioner (St), Appeals, Chennai. The order dropped a GST demand of ₹4.69 crore. The company provided submissions and evidence, leading to the demand being set aside with no liability.
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Updater Services Limited: Monitoring Agency Report Confirms IPO Proceeds Used as Planned
Updater Services Limited's Monitoring Agency Report for Q3 FY26 confirms IPO proceeds of ₹377.87 crore were utilized as planned. No deviations were found in fund utilization for debt repayment, working capital, inorganic initiatives, or general corporate purposes as of December 31, 2025.
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Updater Services Limited Schedules Q3 & 9M FY26 Earnings Conference Call for Feb 6, 2026
Updater Services Limited will host its Q3 & 9M FY26 Earnings Conference Call on February 6, 2026, at 11:00 AM IST. Key management, including the Promoter, MD & Chairman, will participate. Dial-in details and pre-registration links are available.
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Updater Services Limited: Key Leadership Changes at Subsidiary Denave India Private Limited
Updater Services Limited announces leadership changes at its subsidiary, Denave India Private Limited. Mr. Snehashish Bhattacharjee resigns as Whole-Time Director effective March 31, 2026. Mr. Sunil Munshi appointed Additional Executive Director from January 29, 2026.
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