UPDATER SERVICES LIMITED INITIAL PUBLIC OFFERING TO OPEN ON SEPTEMBER 25, 2023

· Price Band fixed at ₹ 280 to ₹ 300 per equity share of face value of ₹ 10 each (“Equity Share”);

· The Floor Price is 28 times the face value of the Equity Shares and the Cap Price is 30 times the face value of the Equity Shares;

· Bid/ Offer will open on Monday, September 25, 2023 and close on Wednesday, September 27, 2023. The Anchor Investor Bidding Date shall be Friday, September 22, 2023;

· Bids can be made for a minimum of 50 Equity Shares and in multiples of 50 Equity Shares thereafter;

· Availability of the Red Herring Prospectus (“RHP”): A copy of the RHP shall be available on website of Securities and Exchange Board of India (“SEBI”) at www.sebi.gov.in and is available on the websites of the BRLMs, i.e. IIFL Securities Limited, Motilal Oswal Investment Advisors Limited and SBI Capitals Market Limited at www.iiflcap.com, www.motilaloswalgroup.com and www.sbicaps.com, respectively and on the website of BSE and NSE at www.bseindia.com and www.nseindia.com, respectively.