NSEGeneral Updates7 Oct 2026 · 7 Oct 2026, 08:56 pm
General Updates
Univastu India Limited · UNIVASTU
✦ AI SummaryJoint Venture
Univastu India Limited has incorporated a subsidiary company in the UK, named Univastu UK Limited, with an initial investment of 10 GBP (Ten Great Britain pounds) for 100% subscription of paid-up shares capital.
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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Univastu India Limited has informed the Exchange about General Updates
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UNIVASTU_07102026205628_Update_Subsidiary.pdf
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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.: Intimation of incorporation of a Subsidiary Company in UK (United Kingdom).
Ref.: Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations,
2015.
Dear Sir/Madam,
With reference to the Board meeting outcome dated 30th September, 2026 pertaining to incorporation
of a Subsidiary Company in UK (United Kingdom).
In this regard we wish to inform you that Company has on 30th September, 2026 incorporated a
subsidiary Company named ‘Univastu UK Limited’ having Company Number 17492138 which is
registered with the Registrar of Companies for England and Wales, as per Certificate of Incorporation
dated 30th September, 2026.
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.
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
The details required pursuant to Regulation 30 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
1. Name of the target entity, details in Name of a Subsidiary Company ‘UNIVASTU UK
brief such as size, turnover etc LIMITED’ having company Number 17492138
Size/Turnover: Not Applicable since it’s a newly
incorporated company.
2. Whether the acquisition would fall UNIVASTU UK LIMITED is a wholly owned
within related party transaction(s) subsidiary of Univastu India Limited and hence, will be
and whether the promoter/ promoter a related party to the Company.
group/ group companies have any
interest in the entity being acquired? The Promoters Mr. Pradeep Khandagale and Mrs.
If yes, nature of interest and details Rajashri Khandagale are interested in the proposed
thereof and whether the same is transaction.
done at “arm’s length”
Further, the transaction(s), if any, with the subsidiary
shall be at arm’s length basis.
3. Industry to which the entity being Telecommunications and wireless networking
acquired belongs; technology industry
4. objects and impact of acquisition Business Expansion and acquisition of assets of
(including but not limited to, ‘Cambium Networks Ltd’ (in administration).
disclosure of reasons for acquisition
of target entity, if its business is
outside the main line of business of
the listed entity);
5. Brief details of any governmental or Pursuant to applicable regulations of Reserve Bank of
regulatory approvals required for the India (RBI), this being Overseas Direct Investment by
acquisition; the Company under Automatic route, no prior approval
of RBI is required.
6. Indicative time period for Not Applicable
completion of the acquisition
7. consideration - whether cash An aggregate amount equivalent to 10 GBP (Ten Great
consideration or share swap or any Britain pounds) towards 100% subscription of paid-up
other form and details of the same; shares capital of 1000 Ordinary (Equity) Shares of 0.01
GBP (One Pence) of ‘Univastu UK Limited’ as an
overseas direct investment.
8. Cost of acquisition or the price at An aggregate amount equivalent to 10 GBP (Ten Great
which the shares are acquired; Britain pounds) towards 100% subscription of paid-up
shares capital of 1000 Ordinary (Equity) Shares of 0.01
GBP (One Pence) of ‘Univastu UK Limited’ as an
overseas direct investment.
9. Percentage of shareholding / control An aggregate amount equivalent to 10 GBP (Ten Great
acquired and / or number of shares Britain pounds) towards 100% subscription of paid-up
acquired; shares capital of 1000 Ordinary (Equity) Shares of 0.01
GBP (One Pence) of ‘Univastu UK Limited’ as an
overseas direct investment.
10. Brief background about the entity UNIVASTU UK LIMITED having Company Number
acquired in terms of products/line 17492138 incorporated as a subsidiary Company under
of business acquired, date of the Companies Act, 2006 as a private Company,
incorporation, history of last 3 years Company limited by shares on 30th September, 2026
turnover, country in which the registered with the Registrar of Companies for England
acquired entity has presence and any and Wales as per Certificate of Incorporation dated 30th
other significant information (in September, 2026.
brief);