Allotment of Equity Shares and Convertible Equity Warrants on Preferential basis.

KUB£R UD1f'06 LIMITED Office ::-Jumber 136 1st Floor Raghuleela Mega :Vlall Kiilldivali West Mumbai- 400067. Telephone: 7506324443 Website: W\.YVv'. kuberudvog.com Email Id: kuberudyogli.mited@gmail.com CIN: IA9220N1H1982PLC371203 October 28,2026 The Chief General Manager Listing Operation, BSE Limited, 20th Floor, P. J. Towers, Dalal Street, Mwnbai-400 001. Subject: Outcome of Board Meeting. Scrip Code: 539408 Pursuant to Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we wish to inform you that the Board of Directors of the Company, at its meeting held on Wednesday, October 28, 2026, has inter-alia approved: - 1. The Allotment of 7,62,85,000 (Seven Crores Sixty-Two Lakhs and Eighty-Five Thousands only) Equity Shares of Rs. 10/- each at a price of Rs 23.10/- (Rupees Twenty-Three and Ten Paisa only) to Mr. Manav Bahri (3,81,42,500 Equity Shares), Mr. Dinesh Popli (1,90,71,250 Equity Shares) and Mr. Ajay Dutta (1,90,71,250 ~quity Shares) for consideration other than cash towa1·ds acquisition of 100% Equity Shares of Golden Ikon Fleet Management Private Limited ("Golden Ikon"). The Details pursuant to Schedule III Part A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular o. H0/49/14/14(7)2025-CFD POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30, 2026 is enclosed herewith as "Annexure A". 2. The Allotment of 3,95,50,000 (Three Crores Ninety-Five Lakhs Fifty Thousands) Equity Shares of Rs. 10/- (Rupees Ten only) each at an Issue price of Rs. 23.10/-(Rupees Twenty Three and Ten Paisa only) per share, on preferential basis to the persons other than Promoters, in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the provisions of the Comparues i\ct, 2013 and rules made there under (as per the list enclosed and marked in Annexure B); The Details pw·suant to Schedule III Part A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. HO/ 49/14/14(7)2025-CFD POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30, 2026 is enclosed herewith as" Annexure B". 3. The allotment of 37,00,000 (Thirty-Seven Lakhs Only) fully Convertible Equity Warrants ("Warrants/ Equity Convertible Warrants") on a preferential basis ala price of Rs 23.10/ (Rupees Twenty-'Urree and Ten Paisa only) per warrant, convertible into 1 (one) equity share of the face value of Rs. 10/- (Rs Ten only) each fully paid up at a premium of Rs. 13.10/- (Rs. Thirteen and Ten Paisa only) per share within a period of 18 (eighteen) months from the date of allobnent in accordance with Chapter V of lhe SEBl (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the provisions of the Companies Act, 2013 and rules made there under to the persons olher than Promoters, (as per the list enclosed and marked in Annexure C); The Details pursuant to Schedule III Part A of SEBI (Listing Obligations and Disclosw-e Requirements) Regulations, 2015 and SEBI Circular o. H0/49/14/14(7)2025-CFD POD2/ I/3762/2026 issued on July 11, 2023 and last updated on January 30, 2026 is enclosed herewith as "Annexure C". The board meeting commenced all1:00 A.M. and concluded al 11:40 J\.M. Kindly take the same on record. Thanking You, Yours Sincerely, For Kuber Udyog Limited Chetan Shinde Managing Director DIN 06996605 End: afa The Details as required under Listing Regulations read with SEBI Circular No. H0/49/14/14(7)2025-CFD-POD2fJ/3762/2026 issued on July 11, 2023 and last updated on January 30, 2026. ANNEXURE A Sr. No Particulars of Securities Details of Securities a Type of securities proposed to be issued Equity Shares b Type of Issuance Preferential Issue in accordance with Chapter V of the SEBI !CDR issuance Regulations and oU1er applicable law. c Total number of securities proposed to Equity Shares-7,62,85,000 (Seven Crores Sixty-Two Lakhs be issued or the total amount for which and Eighty-Five Thousand only) for consideration other the securities will be issued. than cash (being swap of the equity shares of Golden ikon Fleet Management Private Limited ("Golden Ikon") towards discharge of the purchase consideration of Rs. 176,22,50,000/- (Rupees One llundrcd Seventy-Six Crores Twenty-Two Lakhs Fifty Thousand Only) (excluding applicable duties, levies and taxes), for acquisition of 95,00,000 ( inety-Five Lakhs) equity shares of face value Rs. 10/- (Rupees Ten) each from Mr. Manav Bahri (47,50,000 Equity shares 50%), Mr. Dinesh Popli, (23,75,000 Equity Shares 25%) and Mr. /\jay Dutta (23,75,000 Equity Shares 25%) representing 100% (One Hundred Percent) of the paid-up equity share capital of Golden Ikon Fleet Management Private Limited respectively (collectively, the "Purchase Shares") and the differential amount of ~66,500/-shall be paid in cash to the Proposed Allot lees. Post-acquisition of these shares, Golden Ikon Fleet Management Private Limited will become a WOS (wholly owned subsidiary) of Kuber Udyog Limited. In case of preferential issue the listed entity shall disclose the following additional details to the stock exchange(s): i. Name of Investors Equity Shares (Other than Cash) 1 Manav Bahri 3,81,42,500 2 Oinesh Popli 1,90,71,250 3 Ajay Dutta 1,90,71,250 Total 7,62,85,000 ii. Post Allotment of securities-outcome of Not Applicable the subscription, issue price / allotted price (in case of convertibles), number of investors; - -- - - iii. in case of convertibles- ot Applicable intimation on conversion of securities or on lapse of the tenure of the instrument The Details as required under Listing Regulations read with SEBI Circular No. H0/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30, 2026. ANNEXUREB Sr. No Particulars of Securities Details of Securities a Type of securities proposed to be issued Equity Shares 'I b Type of Issuance Preferential Issue in accordance with Chapter V of the SEBI !CDR issuance Regulations and other applicable law. c Total number of securities proposed to Equity Shares (Cash) - 3,95,50,000 (Three Crores be issued or the total amount for which inety-Five Lakhs Fifty Thousands) the securities will be issued. In case of preferential issue the listed entity shall disclose the following additional details to the stock exchange(s): i. Name of Investors Equity Shares (Cash) 1 Green Horizon Fund PCC-Celll 74,02,620 2 Altitude Investment Fund PCC- 73,59,300 Cell1 3 Minerva Venh1res Fund 38,44,150 4 AI Maha Investment Fund PCC- 38,44,150 Onyx Strategy 5 Tradewin Global Fund PCC-Celll 34,63,200 6 Prudent Equity ACE Fund 34,63,200 7 Norocos Opportunjties Fund PCC- 33,53,250 Cell A 8 Nimesh S Joshi 33,53,250 9 Prudent Equity Private Limited 30,30,300 10 Dhruvil Nimesh Joshi 1,40,000 11 Sushma Hiten Shah I 60,000 12 Aayushi Rajendra Vora 55,000 13 Neha Rajen Gada 50,000 14 Bhatt Ashish Chandra has I 45,000 15 Poonam Dubey 43,290 16 Neeraj Dubey 43,290 Total 3,95,50,000 -'- - 11. Post Allotment of securities-outcome of Not Applicable the subscription, issue price j allotted price (in case of convertibles), number of investors; tii. in case of convertibles -intimation on Not Applicable conversion of securities or on lapse of the tenure of the instrument The Details as required under Listing Regulations read with SEBI Circular No. H0/49/14/14(7)2025-CFD-POD2fl/3762/2026 issued on July 11, 2023 and last updated on January 30, 2026. ANNEXUREC Sr. No Particulars of Securities Details of Securities a Type of securities proposed to be Convertible Warrants issued b Type of Issuance Preferential Issue in accordance with Chapter V of the SEBI ICDR issuance Regulations and other applicable law. c Total number of securities proposed to Convertible Warrants (Cash)- 37,00,000 (Thirty Seven be issued or the total amount for which Lakhs) the securities w [Showing first 8,000 characters — download PDF for full document]