Outcome of Board Meeting

Date: 7th October, 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 on Tuesday, 6th October, 2026, inter alia, discussed, considered and approved following matter; 1. Proposed Incorporation/Investment of Subsidiary Company in United Kingdom (UK): Univastu India Limited proposed to incorporate a wholly owned subsidiary company in the United Kingdom (UK), under the name ‘Univastu Networks Limited’ or such other name as approved by the applicable Department/regulatory authority of UK for the purpose of acquisition of assets of ‘Cambium Networks Ltd’ (in administration), in which Univastu India Limited will hold 100% of shareholding in the Proposed subsidiary Company. The details as required under Regulation 30 of the SEBI Listing Regulations read with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure A. The meeting of Board of Directors commenced at 5.00 P.M. and concluded at 9.00 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 on 6th October, 2026 has approved the acquisition of assets of foreign Entity named Cambium Networks, Ltd (in administration) through incorporation of proposed wholly owned subsidiary company in the United Kingdom (UK) under the name ‘Univastu Networks Limited’ or such other name as approved by the applicable Department/regulatory authority of UK wherein there will be common directorship. Name: Name of the Proposed Company will be ‘Univastu Networks Limited’ or such other name as approved by the applicable Department/regulatory authority of UK. 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 and acquisition of assets of ‘Cambium acquisition (including Networks Ltd’ (in administration). 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 An aggregate amount equivalent to 39,00,000 GBP (Thirty- the shares are acquired. Nine Lakh Great Britain pounds) towards 100% subscription of paid-up shares capital of 39,00,00,000 Ordinary (Equity) Shares of 0.01 GBP (One Pence) of ‘Univastu Networks Limited’ as an overseas direct investment. i) Percentage of shareholding / control An aggregate amount equivalent to 39,00,000 GBP (Thirty- acquired and / or number of shares Nine Lakh Great Britain pounds) towards 100% subscription of acquired. paid-up shares capital of 39,00,00,000 Ordinary (Equity) Shares of 0.01 GBP (One Pence) of ‘Univastu Networks Limited’ as an overseas direct investment.