BSEInsider Trading / SAST22h ago · 30 Oct 2026, 05:14 pm

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Altitude Investment Fund PCC Cell 1

Kuber Udyog Ltd · 539408

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Altitude Investment Fund PCC- Cell 1 has acquired 73,59,300 shares of Kuber Udyog Ltd through preferential allotment, increasing its stake to 6.17%.

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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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Kuber Udyog Ltd - 539408 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

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Altitude Investment Fund PCC – Cell 1 The Gardens, Ground Floor Bagatelle Office Park, Bagatelle Moka 80832, Mauritius Date: October 30, 2026 The Department of Corporate Services. Bombay Stock Exchange Limited, 14th Floor, P.J. Towers, Dalal Street, Mumbai 400001 Email: corp.relations@bseindia.com Sir, Sub: Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Ref: Scrip Code: 539408 Please find attached the Disclosures which are required to be made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. You are requested to take the same on your records. Thanking You, Yours Truly, For and on behalf of Acquirer Altitude Investment Fund PCC- Cell 1 Authorised Signatory Kuber Udyog Ltd Office Number 156, 1st Floor, Raghuleela Mega Mall, Kandivali West, Mumbai, Maharashtra, 400067. Altitude Investment Fund PCC – Cell 1 The Gardens, Ground Floor Bagatelle Office Park, Bagatelle Moka 80832, Mauritius Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Part-A-Details of the Acquisition Name of the Target Company (TC) Kuber Udyog Limited Name(s) of the acquirer and Persons Acting in Concert (PAC) Altitude Investment Fund PCC- Cell 1 with the acquirer. Whether the acquirer belongs to Promoter/Promoter group. No Name(s) of the Stock Exchange(s) where the shares of TC are BSE Limited Listed. Details of the acquisition as follows. Number % w.r.t. total % w.r.t. total share/voting diluted capital share/voting wherever capital of the applicable(*) TC (**) Before the acquisition under consideration, holding of acquirer along with PACs of: a) Shares carrying voting rights. 2,61,085 0.22% 0.21% b) Shares in the nature of encumbrance (pledge/ lien/ non- Nil Nil Nil disposal undertaking/ others). c) Voting rights (VR) otherwise than by equity shares Nil Nil Nil d) Warrants/convertible securities/any other instrument that Nil Nil Nil entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category). e) Total (a+b+c+d) 2,61,085 0.22% 0.21% Details of acquisition of Kuber Udyog Limited a) Shares carrying voting rights acquired: Altitude Investment Fund PCC- Cell 1: Open Market Purchase (12.05.2026) 16,000 0.01% 0.01% Preferential Allotment (28.10.2026) 73,59,300 6.17% 5.98% b) VRs acquired otherwise than by equity shares. Nil Nil Nil c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired. Altitude Investment Fund PCC- Cell 1 10,00,000 0.84% 0.81% d) Shares in the nature of encumbrance (pledge/ lien/ non- Nil Nil Nil disposal undertaking/ others). e) Total (a+b+c+/-d) 83,75,300 7.02% 6.80% After the acquisition, holding of acquirer along with PACs of: a) Shares carrying voting rights. Altitude Investment Fund PCC- Cell 1 76,36,385 6.40% 6.21% b) VRs otherwise than by equity shares. Nil Nil Nil Altitude Investment Fund PCC – Cell 1 The Gardens, Ground Floor Bagatelle Office Park, Bagatelle Moka 80832, Mauritius c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition. Altitude Investment Fund PCC- Cell 1 10,00,000 0.008% 0.008% d) Shares in the nature of encumbrance (pledge/ lien/ non- Nil Nil Nil disposal undertaking/ others) e) Total (a+b+c+d) 86,36,385 7.24% 7.02% Mode of acquisition (e.g. open market / public issue / rights issue Open Market Purchase and / preferential allotment / inter-se transfer/encumbrance, etc.) Preferential Allotment Salient features of the securities acquired including time till Equity shares shall be ranking pari-passu redemption, ratio at which it can be converted into equity shares, and inter-se with the then existing equity etc. shares of the Company in all respects including dividend; Date of acquisition of/ date of receipt of intimation of allotment Date No of % of shares / warrants/VR/convertible securities/any other Shares / (Expanded instrument that entitles the acquirer to receive shares in the TC. Warrants Capital) 12/05/2026 16,000 0.00% 28/10/2026 83,59,300 6.80% Equity share capital / total voting capital of the TC before the said Rs. 3,43,33,000/- divided in to 34,33,000 acquisition. Equity shares of Rs. 10 each. Equity share capital/ total voting capital of the TC after the said Rs. 119,26,80,000/- divided in to acquisition. 11,92,68,000 Equity shares of Rs. 10 each Total diluted share/voting capital of the TC after the said Rs. 122,96,80,000/- divided in to acquisition. 12,29,68,000 Equity shares of Rs. 10 each. Note: (*) Total share capital/ voting capital is considered as on October 28, 2026, being the date of allotment of Equity shares and Convertible Warrants pursuant to the Preferential Issue. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. Part-B*** Name of the Target Company: Kuber Udyog Limited Name(s) of the acquirer and Whether the acquirer belongs PAN of the acquirer and/ or Persons Acting in Concert (PAC) to Promoter/ Promoter group PACs with the acquirer Altitude Investment Fund PCC- No ABBCA0991P Cell 1 For and on behalf of Acquirer Altitude Investment Fund PCC- Cell 1 Authorised Signatory