Updater Services Limited
East Bridge Capital sold 8,17,731 shares of Updater Services for ₹15.80 Cr at ₹193.27 apiece in a bulk deal.
A diversified commercial services company, Updater Services provides integrated facilities management solutions and related services across multiple sectors in India. The company serves diverse customer segments including FMCG, manufacturing, engineering, BFSI, healthcare, IT, automobiles, logistics, warehousing, airports, ports, infrastructure, and retail industries. Its comprehensive service portfolio addresses the operational and facilities needs of large enterprises and organizations.
East Bridge Capital is an emerging-markets focused hedge fund manager with a strong India orientation, applying a long-biased approach to listed equities. It was co-founded by Shakeeb Amal and Vikram Deswal.