Manav Bahri Acquires 32.36% Stake in Kuber Udyog via Preferential Allotment

Manav Bahri has acquired a significant stake of 32.36% in Kuber Udyog Limited through a preferential allotment. The acquisition involves 3,81,42,500 equity shares and 4,50,000 warrants, representing 31.98% and 0.38% respectively. Post-acquisition, Manav Bahri's total holding, including warrants, stands at 32.36% of the total diluted capital. The equity shares acquired rank pari-passu with existing shares. The transaction was completed on October 28, 2026, and has substantially increased Kuber Udyog's equity share capital.