Updater Services Limited
The Miri Strategic Emerging Markets has dropped off the disclosed shareholder list for Updater Services Limited. This shift, following a previously reported 1.93 percent stake, indicates either a complete exit or a reduction to below the 1 percent reporting threshold.
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.
The MIRI Strategic Emerging Markets Fund is managed by MIRI Capital Management, a privately owned investment firm. It compounds capital by engaging with public and private companies, primarily across Asia and EMEA, and holds positions in Indian equities.