
Open Offer19 Oct 2026, 12:59 pm
Kuber Udyog Open Offer Corrigendum Filed
AI Summary
Systematix Corporate Services Ltd, acting as Manager to the Offer, has submitted a Corrigendum to the Detailed Public Statement for the open offer of Kuber Udyog Limited. The offer is for up to 3,19,71,680 equity shares, representing 26.00% of the expanded voting share capital, at a price of ₹23.35 per share. This corrigendum is in response to SEBI's observation letter dated October 09, 2026, and amends previous announcements. The revised schedule of activities has been published in The Financial Express, Jansatta, and Mumbai Lakshdeep.
Key Highlights
- Corrigendum filed for Kuber Udyog open offer.
- Offer price set at ₹23.35 per equity share.
- Acquisition targets 26.00% of expanded voting share capital.
- Systematix Corporate Services is the Manager to the Offer.
- Amendments made following SEBI observation letter.
Price Impact
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