Acquisitions30 Oct 2026, 05:23 pm
Altitude Investment Fund Buys 6.17% in Kuber Udyog via Preferential Allotment
AI Summary
Altitude Investment Fund PCC - Cell 1 has acquired 73,59,300 shares, representing 6.17% of total capital, in Kuber Udyog Limited through a Preferential Allotment on October 28, 2026. This acquisition, along with a prior open market purchase of 16,000 shares (0.01%), brings their total holding to 76,36,385 shares, or 6.40% of the total capital. The fund also acquired 10,00,000 warrants, representing 0.84% of total capital. The total diluted share capital of Kuber Udyog Limited after the acquisition is Rs.122,96,80,000/-.
Key Highlights
- Altitude Investment Fund acquired 6.17% stake via preferential allotment.
- Total holding increased to 6.40% post-acquisition.
- 10,00,000 warrants were also acquired by the fund.
- The transaction involved open market purchase and preferential allotment.
- Kuber Udyog's total diluted capital stands at Rs.122,96,80,000/-.
Price Impact
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