Outcome of Board Meeting

Date: 30th September, 2026 The Manager, Listing Department, The National Stock Exchange of India Limited, Exchange Plaza, C/1, Block-G, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051 Company’s Scrip Code: UNIVASTU Sub.: Outcome of Board Meeting. Ref.: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”). Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held today, i.e. on Wednesday, 30th September, 2026 inter alia, discussed, considered and approved following matters; 1. Proposed Incorporation/Investment of Subsidiary Company in United Kingdom (UK): Univastu India Limited proposes to incorporate a company in the UK, in which Univastu India Limited will hold 100% of shareholding in the Proposed subsidiary Company. The name of the proposed subsidiary company will be ‘Univastu UK Ltd’ and the company is yet to be incorporated. Kindly refer to the details attached in Annexure I. 2. The Univastu India Limited has submitted the offer for acquisition of the assets of Cambium Networks, Ltd. Univastu India Limited, has submitted the offer for and acquired the assets of Cambium Networks, Ltd. (in administration) through the proposed overseas company i.e Univastu UK ltd. As part of the offer/acquisition process, the Company has to entered into an exclusivity arrangement with the Joint Administrators of Cambium Networks, Ltd. and has authorized payment of a non-refundable deposit of USD 300,000 towards the proposed acquisition process. As a part of the said process, Univastu India Limited, on behalf of Univastu UK Ltd (in formation), has entered into an exclusivity agreement with the Joint Administrators of Cambium Networks, Ltd, David Shambrook, Gordon Thomson, Joe Barry and James Woodhead of RSM UK Restructuring Advisory LLP, 25 Farringdon Street, London, EC4A 4AB. Upon the incorporation; Univastu India Limited shall hold 100% of the total paid-up share capital of Proposed Subsidiary Company, Univastu UK Ltd’ (in formation). The meeting of Board of Directors commenced at 2.30 P.M.and concluded at 3.30 P.M. You are requested to kindly take the same on your records. Thanking you, Yours faithfully, For UNIVASTU INDIA LIMITED ----------------------------- Sakshi Tiwari Company Secretary Membership No: ACS67056. Annexure A Details pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025- CFD- POD2/I/3762/2026 Dated January 30, 2026: Sr. Particulars Details a) Name of the entity, date & The Board of Directors of Univastu India Limited country of incorporation, etc (“Company”) at its meeting held today i.e. 30th September, 2026 has approved the acquisition of assets of foreign Entity named Cambium Networks, Ltd (in administration) through a new wholly owned UK subsidiary to be formed named ‘Univastu UK Ltd’ in United Kingdom (UK) wherein there will be common directorship. Name: Name of the Proposed Company will be ‘Univastu UK Ltd’ Date of Incorporation: Not applicable, as the entity is yet to be incorporated. Country of Incorporation: United Kingdom (UK) b) Whether the acquisition would Proposed Company once incorporated will be a subsidiary of fall within related party Univastu India Limited and hence, will be a related party to transaction(s) and whether the the Company. promoter/ promoter group/ group companies have any The Promoters Mr. Pradeep Khandagale and Mrs. Rajashri interest in the entity being Khandagale are interested in the proposed transaction. acquired If yes, nature of interest and Further, the transaction(s), if any, with the subsidiary shall details thereof and whether the be at arm’s length basis. same is done at “arm’s length”. c) Industry to which the entity Telecommunications and wireless networking technology being acquired belongs. industry d) Objects and effects of Business Expansion acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity). e) Brief details of any Pursuant to applicable regulations of Reserve Bank of India governmental or regulatory (RBI), this being Overseas Direct Investment by the approvals required for the Company under Automatic route, no prior approval of RBI acquisition. is required. f) Indicative time period for completion of Incorporation of the proposed Subsidiary will be completed, the acquisition. subject to receipt of approvals of the statutory/regulatory authorities as may be applicable. Necessary update will be given once the Subsidiary is incorporated. g) Nature of consideration - whether cash Subscription of shares in the proposed Subsidiary will be by consideration or share swap and details of way of cash consideration. the same. h) Cost of acquisition or the price at which Upon the incorporation; Univastu India Limited shall hold the shares are acquired. 100% of the total paid-up share capital of Proposed Subsidiary Company, Univastu UK Ltd’ (in formation) with Cost of acquisition is USD 5.1million (United States Dollars five million one hundred thousand US dollars only) i) Percentage of shareholding / control Upon the incorporation; Univastu India Limited shall hold acquired and / or number of shares 100% of the total paid-up share capital of Proposed Subsidiary acquired. Company, Univastu UK Ltd’ (in formation).