Kuber Udyog: Open Offer Public Advertisement Filed

Systematix Corporate Services Ltd, acting as Manager to the Offer, has submitted a Pre-Offer Public Advertisement for an open offer to acquire up to 3,19,71,680 equity shares of Kuber Udyog Limited at ₹23.35 per share. This represents 26.00% of the expanded voting share capital. The offer price of ₹23.35 per share has been deemed fair and reasonable by the Independent Directors' Committee. There is no competing offer, and the offer is being made by Mr. Manav Bahri, Mr. Dinesh Popli, and Mr. Ajay Dutta, along with persons acting in concert. The Detailed Public Statement and Corrigendum were published on August 14, 2026, and October 19, 2026, respectively. The Letter of Offer has been dispatched to eligible shareholders.