Updater Services Limited has announced a key leadership change within its material subsidiary, Denave India Private Limited. The Board of Directors, in a meeting held on February 05, 2026, noted the appointment of Mr. Sunil Munshi as the new Chief Executive Officer (CEO) of Denave India Private Limited. This appointment follows the resignation of Mr. Snehashish Bhattacharjee, which will be effective from the close of business hours on March 31, 2026. Mr. Munshi's elevation is part of Denave's succession plan. He is described as a veteran of the company and the industry, with over 29 years of diverse professional experience as a B.Tech graduate in Electronics and Communication Engineering. The Board expressed confidence that Mr. Munshi's leadership and extensive experience will further strengthen the company's strategic direction and growth. The details of Mr. Munshi's appointment are in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and a related SEBI circular dated January 30, 2026.