Integrated Filing — IndAS



General information about company

Scrip Code 543996
NSE Symbol UDS
MSEI Symbol NA
ISIN INE851I01011
Name of company UPDATER SERVICES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 24-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment IFMS
Start date and time of board meeting 24-May-2025   15:30:00
End date and time of board meeting 24-May-2025   20:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. No
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-01-27
Indicate Company website link for updated RPT policy of the Company WWW.UDS.IN
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
NOT APPLICABLE



Financial Results Ind-AS

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 4280550000 15917290000
Other income 85990000 251170000
Total income 4366540000 16168460000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 3574800000 13486070000
(e) Finance costs 8090000 54840000
(f) Depreciation, depletion and amortisation expense 21180000 112160000
(f) Other Expenses
1 Impairment losses 64000000 123870000
2 Site maintenance expenses/ Cleaning materials and consumables/ canteen materials/ Travelling and conveyance 368690000 1300360000
3 Rent/ Legal and professional fees/ Non executive's commission/ directors's Siting fees 48610000 127000000
4 Power and fuel / Training expenses / Freight and forwarding charges 29660000 39420000
5 Printing and stationery/ rates and taxes 5450000 14290000
6 Expenditure on corporate social responsibility 2950000 8200000
7 Loss on sale on investment 2740000 2740000
8 Miscellaneous expense/ Repairs and maintenance 31270000 113090000
9 Payment to auditors 4230000 9610000
10 communication expenses 1140000 6840000
Total other expenses 558740000 1745420000
Total expenses 4162810000 15398490000
3 Total profit before exceptional items and tax 203730000 769970000
4 Exceptional items 224650000 224650000
5 Total profit before tax 428380000 994620000
6 Tax expense
7 Current tax 87670000 180320000
8 Deferred tax -14280000 20990000
9 Total tax expenses 73390000 201310000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 354990000 793310000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 354990000 793310000
17 Other comprehensive income net of taxes 9050000 14260000
18 Total Comprehensive Income for the period 364040000 807570000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 669530000 669530000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 5.3 11.85
Diluted earnings (loss) per share from continuing operations 5.29 11.82
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 5.3 11.85
Diluted earnings (loss) per share from continuing and discontinued operations 5.29 11.82
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 411370000
Capital work-in-progress 7570000
Investment property 0
Goodwill 0
Other intangible assets 126930000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 3824010000
Trade receivables, non-current 0
Loans, non-current 298960000
Other non-current financial assets 77120000
Total non-current financial assets 4200090000
Deferred tax assets (net) 319590000
Other non-current assets 959400000
Total non-current assets 6024950000
2 Current assets
Inventories 0
Current financial asset
Current investments 351440000
Trade receivables, current 3893460000
Cash and cash equivalents 663390000
Bank balance other than cash and cash equivalents 442860000
Loans, current 122290000
Other current financial assets 376110000
Total current financial assets 5849550000
Current tax assets (net) 0
Other current assets 585940000
Total current assets 6435490000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 12460440000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 669530000
Other equity 7863960000
Total equity attributable to owners of parent 8533490000
Non controlling interest
Total equity 8533490000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 242230000
Total non-current financial liabilities 242230000
Provisions, non-current 581640000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 823870000
Current liabilities
Current financial liabilities
Borrowings, current 453650000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 100120000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 270030000
Total Trade payable 370150000
Other current financial liabilities 1410690000
Total current financial liabilities 2234490000
Other current liabilities 623050000
Provisions, current 232640000
Current tax liabilities (Net) 12900000
Deferred government grants, Current 0
Total current liabilities 3103080000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 3926950000
Total equity and liabilites 12460440000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement gains on defined benefit obligations (net) 12540000 19010000
Total Amount of items that will not be reclassified to profit and loss 12540000 19010000
2 Income tax relating to items that will not be reclassified to profit or loss 3490000 4750000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 9050000 14260000



Cash flow statement, indirect

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 994620000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 54840000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current -783740000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets -38300000
Adjustments for other financial assets, non-current 144980000
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 0
Adjustments for increase (decrease) in trade payables, non-current 259340000
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 112160000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss -224650000
Adjustments for provisions, current 0
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current -60350000
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 145940000
Adjustments for share-based payments 8940000
Adjustments for fair value losses (gains) -43870000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -5180000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 74040000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -647730000
Net cash flows from (used in) operations 346890000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 232980000
Other inflows (outflows) of cash -2760000
Net cash flows from (used in) operating activities 111150000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 689100000
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 1650000
Purchase of property, plant and equipment 43690000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 29650000
Cash receipts from repayment of advances and loans made to other parties 31510000
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 199110000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 1196130000
Net cash flows from (used in) investing activities 665960000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 1460000
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 5321760000
Repayments of borrowings 5379740000
Payments of lease liabilities 42750000
Dividends paid 0
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash -40500000
Net cash flows from (used in) financing activities -139770000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 637340000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 637340000
Cash and cash equivalents cash flow statement at beginning of period 26050000
Cash and cash equivalents cash flow statement at end of period 663390000





Details of Impact of Audit Qualification

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 BSR & Co. LLP Yes 31-Jul-2025


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 04-Oct-2023
Amount Raised 377870000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable ICRA LIMITED
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review The committee noted that there was no Deviation / Variation during the quarter
Comments of the auditors, if any Not Applicable
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Repayment and /or prepayment of certain borrowings availed by our Company Not Applicable 133000000 0 133000000 0
2 Funding our working capital requirements Not Applicable 115000000 0 115000000 0
3 Pursuing inorganic initiatives Not Applicable 80000000 0 80000000 0
4 General corporate purposes Not Applicable 49870000 0 49760000 0


Signatory Details

Name of signatory Sandhya Saravanan
Designation of person Company Secretary and Compliance Officer
Place Chennai
Date 24-May-2025




Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Updater Services limited Tangy Supplies and Solutions private limited Subsidiary Purchase of goods or services 450000000 approved 0 80250000 0
2 Updater Services limited Tangy Supplies and Solutions private limited Subsidiary Purchase of fixed assets 450000000 approved 0 3420000 0
3 Updater Services limited Tangy Supplies and Solutions private limited Subsidiary Sale of goods or services 200000 approved 0 0 0
4 Updater Services limited Tangy Supplies and Solutions private limited Subsidiary Any other transaction subsidiary employee esop at actuals 1500000 approved 0 1500000 0
5 Updater Services limited Avon Solutions &Logistics Private limited Subsidiary Sale of goods or services 8000000 approved 3100000 4280000 6540000
6 Updater Services limited Avon Solutions &Logistics Private limited Subsidiary Any other transaction subsidiary employee esop at actuals 1570000 approved -110000 4370000 4260000
7 Updater Services limited Fusion food & Catering Services Private limited Subsidiary Sale of goods or services 4000000 approved 2030000 850000 980000
8 Updater Services limited Fusion food & Catering Services Private limited Subsidiary Any other transaction subsidiary employee esop at actuals 420000 approved 0 1350000 1350000
9 Updater Services limited Matrix Business Services private limited Subsidiary Sale of goods or services 3500000 approved 1230000 400000 620000
10 Updater Services limited Matrix Business Services private limited Subsidiary Purchase of goods or services 1000000 approved 280000 210000 440000
11 Updater Services limited Matrix Business Services private limited Subsidiary Any other transaction subsidiary employee esop at actuals 4690000 approved -2460000 14860000 12400000
12 Updater Services limited Washroom Hygiene concepts Private limited Subsidiary Purchase of goods or services 5000000 approved 1820000 1230000 1700000
13 Updater Services limited Denave India private limited Subsidiary Any other transaction subsidiary employee esop at actuals 6230000 approved -3620000 19810000 16370000
14 Updater Services limited Integrated Technical Staffing and Solutions Pvt ltd Subsidiary Purchase of goods or services 10000000 approved 0 9160000 0
15 Updater Services limited Wynwy Technologies Private Limited Subsidiary Loan 200000000 approved 2350000 115740000 118090000
16 Updater Services limited Wynwy Technologies Private Limited Subsidiary Interest received 60000000 approved 5510000 43490000 48450000
17 Updater Services limited Global flight Handling Services Pvt ltd Subsidiary Loan 350000000 approved 4450000 211550000 212000000
18 Updater Services limited Global flight Handling Services Pvt ltd Subsidiary Interest received 50000000 approved 9510000 31620000 39170000
19 Updater Services limited Global flight Handling Services Pvt ltd Subsidiary Any other transaction subsidiary employee esop at actuals 1650000 approved -620000 3770000 3150000
20 Updater Services limited Raghunandana.T MD Remuneration 24000000 approved 9600000 4110000 400000
21 Updater Services limited Raghunandana.T MD Any other transaction Rent 8000000 approved 3860000 1030000 30000
22 Updater Services limited Shanthi. T PROMOTER Any other transaction Rent 8000000 approved 3810000 3510000 0
23 Updater Services limited Amit choudhary Director Any other transaction Actual Sitting fees 3000000 approved 570000 0 0
24 Updater Services limited Sunil Chandiramani Director Any other transaction Actual Sitting fees 3000000 approved 820000 0 80000
25 Updater Services limited Sangeetha Sumesh Director Any other transaction Actual Sitting fees 3000000 approved 670000 0 0
26 Updater Services limited Amitabh Jaipuria Director Any other transaction Actual Sitting fees 3000000 approved 450000 0 80000
27 Updater Services limited P.C.Balasubramanian Director Remuneration 10000000 approved 0 0 0
28 Tangy Supplies and Solutions private limited Avon Solutions &Logistics Private limited Fellow subsidiary Sale of goods or services 40000 approved 0 0 0
29 Tangy Supplies and Solutions private limited Avon Solutions &Logistics Private limited Fellow subsidiary Purchase of goods or services 5690000 approved 0 1690000 0
30 Tangy Supplies and Solutions private limited Integrated Technical Staffing and Solutions Pvt ltd Fellow subsidiary Sale of goods or services 1330000 approved 0 130000 0
31 Tangy Supplies and Solutions private limited Fusion food & Catering Services Private limited Fellow subsidiary Sale of goods or services 1040000 approved 0 200000 0
32 Tangy Supplies and Solutions private limited Washroom Hygiene concepts Private limited Fellow subsidiary Sale of goods or services 290000 approved 0 150000 0
33 Tangy Supplies and Solutions private limited Washroom Hygiene concepts Private limited Fellow subsidiary Purchase of goods or services 90000 approved 0 0 0
34 Avon Solutions &Logistics Private limited Denave India private limited Fellow subsidiary Sale of goods or services 4070000 approved 0 0 0
35 Avon Solutions &Logistics Private limited Matrix Business Services private limited Fellow subsidiary Sale of goods or services 600000 approved 350000 130000 90000
36 Avon Solutions &Logistics Private limited Matrix Business Services private limited Fellow subsidiary Purchase of goods or services 200000 approved -20000 220000 0
37 Avon Solutions &Logistics Private limited Washroom Hygiene concepts Private limited Fellow subsidiary Purchase of goods or services 10000 approved 0 0 0
38 Avon Solutions &Logistics Private limited Washroom Hygiene concepts Private limited Fellow subsidiary Sale of goods or services 3120000 approved 1590000 0 20000
39 Stanworth Management Private limited Fusion food & Catering Services Private limited Fellow subsidiary Sale of goods or services 120000 approved 0 80000 0
40 Stanworth Management Private limited Fusion food & Catering Services Private limited Fellow subsidiary Purchase of goods or services 590000 approved 0 560000 0
41 Matrix Business Services private limited Washroom Hygiene concepts Private limited Fellow subsidiary Purchase of goods or services 180000 approved 100000 20000 20000
42 Matrix Business Services private limited Denave India private limited Fellow subsidiary Sale of goods or services 470000 approved 300000 270000 170000
43 Matrix Business Services private limited RAVISHANKAR .P CEO Remuneration 10200000 approved 4790000 0 0
44 Tangy Supplies and Solutions private limited Global flight Handling Services Pvt ltd Fellow subsidiary Sale of goods or services 1000000 approved 0 1140000 0
45 Updater Services limited Best Security Services Private Limited Entities With Common control Purchase of goods or services 60000000 approved 32130000 3080000 8830000
46 Matrix Business Services private limited JAYASREE SRINIVASAN Director Any other transaction Actual Sitting fees 200000 approved -200000 0 0
47 Athena BPO private limited Elizabeth Jacob CEO Remuneration 37350000 approved 20020000 0 1550000
48 Athena BPO private limited Nagesh Rao CFO Remuneration 24980000 approved 11410000 0 1190000
49 Athena BPO private limited Sangeetha Sumesh Director Any other transaction Actual Sitting fees 250000 approved 100000 0 0
50 Global flight Handling Services Private limited SARITA Managing Director Remuneration 6250000 approved 5860000 0 0
51 Tangy Supplies and Solutions private limited GLOBAL FLIGHT HANDLING SERVICES PUNE PRIVATE LIMITED Fellow subsidiary Sale of goods or services 1000000 approved 0 1130000 0
52 Tangy Supplies and Solutions private limited GLOBAL FLIGHT HANDLING SERVICES VIZAG PRIVATE LIMITED Fellow subsidiary Sale of goods or services 1000000 approved 0 60000 0
53 Tangy Supplies and Solutions private limited GLOBAL FLIGHT HANDLING SERVICES SURAT PRIVATE LIMITED Fellow subsidiary Sale of goods or services 1000000 approved 0 10000 0
54 Updater Services limited GLOBAL FLIGHT HANDLING SERVICES PATNA PRIVATE LIMITED Step down subsidairy Sale of goods or services 30000000 approved 6710000 46370000 51250000
55 Updater Services limited GLOBAL FLIGHT HANDLING SERVICES PUNE PRIVATE LIMITED Step down subsidairy Sale of goods or services 30000000 approved 7770000 59930000 65440000
56 Updater Services limited GLOBAL FLIGHT HANDLING SERVICES VIZAG PRIVATE LIMITED Step down subsidairy Sale of goods or services 25000000 approved 5550000 38100000 43800000
57 Updater Services limited GLOBAL FLIGHT HANDLING SERVICES RAIPUR PRIVATE LIMITED Step down subsidairy Sale of goods or services 7000000 approved 280000 7010000 6730000
58 Updater Services limited GLOBAL FLIGHT HANDLING SERVICES SURAT PRIVATE LIMITED Step down subsidairy Sale of goods or services 8000000 approved 2200000 11000000 13150000
59 Denave India private limited Snehashish Bhattacharjee CEO Remuneration 8840000 approved 4130000 0 470000
60 Denave India private limited Subinder Jeet Singh Khurana Director Any other transaction Actual Sitting fees 350000 approved 120000 0 120000
61 Denave India private limited Mr. Sunil Rewachand Chandiramani Director Any other transaction Actual Sitting fees 330000 approved 100000 0 100000
62 Fusion food & Catering Services Private limited Sridhar krishnamurthi Director Remuneration 5630000 approved 2800000 0 250000
63 Tangy Supplies and Solutions private limited GLOBAL FLIGHT HANDLING SERVICES PATNA PRIVATE LIMITED Fellow subsidiary Sale of goods or services 1000000 approved 0 330000 0
64 Tangy Supplies and Solutions private limited GLOBAL FLIGHT HANDLING SERVICES RAIPUR PRIVATE LIMITED Fellow subsidiary Sale of goods or services 1000000 approved 0 20000 0
65 Stanworth Management Private limited Tangy Supplies and Solutions private limited Fellow subsidiary Purchase of goods or services 1300000 approved 0 2600000 0
66 Stanworth Management Private limited Tangy Supplies and Solutions private limited Fellow subsidiary Purchase of fixed assets 1540000 approved 0 220000 0
67 Tangy Supplies and Solutions private limited Best Security Services Private Limited Entities With Common control Sale of goods or services 4030000 approved 0 450000 0
68 Tangy Supplies and Solutions private limited Best Security Services Private Limited Entities With Common control Purchase of goods or services 1330000 approved 0 150000 0
69 Stanworth Management Private limited Raghunandana.T MD Any other transaction RENT 70000 approved 0 10000 0
70 Stanworth Management Private limited Washroom Hygiene concepts Private limited Fellow subsidiary Sale of goods or services 180000 approved 0 0 0
71 Updater Services limited Denave India private limited Subsidiary Purchase of goods or services 10000000 approved -400000 400000 0
72 Matrix Business Services private limited Athena BPO private limited Fellow subsidiary Sale of goods or services 280000 approved 40000 50000 20000
73 Matrix Business Services private limited Denave India private limited Fellow subsidiary Investment 250000000 approved 0 250000000 250000000
74 Matrix Business Services private limited Sangeetha Sumesh Director Any other transaction Actual Sitting fees 400000 approved 100000 0 0
75 Matrix Business Services private limited V M Muralidharan Director Any other transaction Actual Sitting fees 400000 approved 100000 0 0
76 Denave India private limited Debashish Bhattacharya Others Any other transaction Consultancy Charges 1200000 approved 600000 0 110000
77 Updater Services limited Athena BPO private limited Subsidiary Purchase of goods or services 1500000 approved 0 0 0
78 Washroom Hygiene concepts Private limited Athena BPO private limited Fellow subsidiary Sale of goods or services 60000 approved 30000 20000 10000
79 Athena BPO private limited Muralidharan Madhavan Vellore Fellow subsidiary Any other transaction Actual Sitting fees 250000 approved 100000 0 0
80 Updater Services limited Sandya CS Remuneration 3500000 approved 750000 0 130000
81 Updater Services limited Radha ramanujan CFO Remuneration 20000000 approved 6280000 0 630000
82 Updater Services limited Sunil Chandiramani Director Any other transaction Commission 5000000 approved 3000000 0 3900000
83 Tangy Supplies and Solutions private limited Matrix Business Services private limited Fellow subsidiary Sale of goods or services 90000 approved 0 100000 0
84 Matrix Business Services private limited Wynwy Technologies Private Limited Fellow subsidiary Sale of goods or services 230000 approved 0 270000 270000
85 Matrix Business Services private limited Stanworth Management Private limited Fellow subsidiary Sale of goods or services 170000 approved 0 180000 0
86 Matrix Business Services private limited Fusion food & Catering Services Private limited Fellow subsidiary Sale of goods or services 110000 approved 0 120000 0
87 Updater Services limited Global flight Handling Services Pvt ltd Subsidiary Sale of goods or services 25000000 approved 1280000 1430000 3780000
88 Updater Services limited Wynwy Technologies Private Limited Subsidiary Purchase of goods or services 44000000 approved 1990000 0 8770000
89 Fusion food & Catering Services Private limited Sridhar krishnamurthi Director Any other transaction Incentive 30000000 approved 12500000 0 0
90 Updater Services limited Ms. Jigyasa Director Any other transaction Actual Sitting fees 100000 approved 0 0 0
91 Matrix Business Services private limited P.C.Balasubramanian Director Any other transaction Actual Sitting fees 300000 approved 300000 0 0
92 Updater Services limited Avon Solutions &Logistics Private limited Subsidiary Purchase of goods or services 9000000 approved 4390000 0 1530000
93 Updater Services limited Wynwy Technologies Private Limited Subsidiary Sale of goods or services 52000000 approved 49810000 0 52750000
94 Updater Services limited Washroom Hygiene concepts Private limited Subsidiary Sale of goods or services 1000000 approved 260000 0 240000
95 Updater Services limited Fusion food & Catering Services Private limited Subsidiary Purchase of goods or services 590000 approved 0 0 0
96 Matrix Business Services private limited Denave India private limited Fellow subsidiary Purchase of goods or services 550000 approved 540000 0 600000
97 Updater Services limited Best Security Services Private Limited Entities With Common control Sale of goods or services 6000000 approved 2630000 0 430000
98 Updater Services limited Athena BPO private limited Subsidiary Sale of goods or services 1000000 approved 360000 0 90000
Total value of transaction during the reporting period 234000000