Kuber Udyog Ltd

Kuber Udyog Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will be shut from July 01, 2026, and will reopen 48 hours after the declaration of the company's un-audited financial results for the quarter ended June 30, 2026. The specific date for the board meeting to consider these results will be communicated separately. This measure is standard practice to prevent potential insider trading ahead of financial disclosures.

Kuber Udyog Ltd's Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, in a meeting held on May 30, 2026. The board also re-appointed M/s. Meenakshi Manish Jain & Associates as the Internal Auditor for the financial year 2026-2027. The Statutory Auditors, Bilimoria Mehta & Co., issued an audit report with an unmodified opinion on the standalone audited financial results.

Kuber Udyog Ltd's Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, in a meeting held on May 30, 2026. The board also approved the re-appointment of M/s. Meenakshi Manish Jain & Associates as Internal Auditor for the financial year 2026-2027. The Statutory Auditors, Bilimoria Mehta & Co., issued an audit report with an unmodified opinion on the standalone audited financial results.

Kuber Udyog Ltd has scheduled a Board of Directors meeting on May 30, 2026, to consider and approve the Audited Standalone Financial Statements for the financial year ended March 31, 2026, along with the Auditor’s Report and Audited Standalone Financial Results for the quarter and financial year ended March 31, 2026. The trading window, which was closed from April 01, 2026, will re-open 48 hours after the declaration of the financial results.

Mrs. Richa Dani has resigned from her position as a Non-Executive and Independent Director of Kuber Udyog Ltd, effective May 04, 2026. The resignation was tendered due to personal reasons, as stated in her resignation letter. Mrs. Dani has confirmed that there are no other material reasons for her resignation beyond those mentioned in the letter. The company has enclosed the resignation letter and requisite disclosures as per SEBI regulations.

Mrs. Richa Dani has resigned from her position as a Non-Executive and Independent Director of Kuber Udyog Ltd, effective May 04, 2026. The resignation was tendered due to personal reasons, as stated in her resignation letter dated May 04, 2026. Mrs. Dani has confirmed that there are no other material reasons for her resignation.

Hiten Shah disposed of shares in Kuber Udyog Limited, reducing his stake. Before the sale, Hiten Nemchand Shah held 4.97% (1,70,601 shares) and Hiten Nemchand Shah HUF held 1.22% (42,012 shares). Post-sale, Hiten Nemchand Shah holds 1.81% (61,998 shares), while Hiten Nemchand Shah HUF holds no shares. The sales were executed through open market transactions on April 20, 2026 (1,08,603 shares) and April 21, 2026 (12,000 shares) by Hiten Nemchand Shah and on April 28, 2026 (42,012 shares) by Hiten Nemchand Shah HUF. The equity share capital of Kuber Udyog Ltd remains at ₹3,43,30,000.

Altitude Investment Fund PCC - Cell 1 has acquired a 7.61% stake in Kuber Udyog Limited through open market purchases. The fund acquired 2,61,085 equity shares, increasing its holding from Nil to 7.61% of the total share/voting capital. This acquisition was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The shares acquired are fully paid-up equity shares, ranking pari-passu with existing shares. The total equity share capital of Kuber Udyog Limited remains ₹3,43,30,000, comprising 34,33,000 equity shares of ₹10 each.

Hiten Nemchand Shah and Hiten Nemchand Shah HUF have disclosed the disposal of shares in Kuber Udyog Ltd through open market transactions. Prior to the sale, their combined holding was 6.19% (2,12,613 shares). Hiten Nemchand Shah sold 1,08,603 shares (3.16%), and Hiten Nemchand Shah HUF sold 42,012 shares (1.22%). Post-sale, Hiten Nemchand Shah's individual holding stands at 1.81% (61,998 shares), while Hiten Nemchand Shah HUF's holding is now 0%. The total stake reduction was from 6.19% to 1.81%. This disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Kuber Udyog Ltd responded to a query from the Bombay Stock Exchange regarding significant movement in its equity share price. The company clarified that the price fluctuations are solely due to market conditions and are market-driven. Management stated it has no control over or knowledge of the reasons behind the significant price movement. Kuber Udyog affirmed its commitment to continue making all relevant disclosures in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.