BSECompany Update6d ago · 14 Aug 2026, 02:38 pm

Systematix Corporate Services Ltd ("Manager to the Offer") has submitted to BSE a copy of Detailed Public Statement for the attention of the Equity Shareholders of Kuber Udyog Ltd ("Target Company").

Kuber Udyog Ltd · 539408

✦ AI SummaryM&A

Kuber Udyog Ltd has received an open offer to acquire up to 26% of its expanded voting share capital by Mr. Manav Bahri, Mr. Dinesh Popli, Mr. Ajay Dutta, and Trimudra Trade & Holdings Private Limited at Rs. 23.35 per share.

Analysis Scores

Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact7/10
Market Sentiment5/10

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Full Announcement

Kuber Udyog Ltd - 539408 - Detailed Public Statement

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3E3A8889-439E-42D6-8B63-0EC9CEEE43B7-143849.pdf

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August 14, 2026 BSE Limited (BSE) Phiroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai 400 001, India Dear Sir, Sub: Open Offer to acquire up to 3,19,71,680 Equity Shares of Rs. 10/- each of Kuber Udyog Limited (“the Target Company”) representing 26.00% of the Expanded Voting Share Capital of the Target Company by Mr. Manav Bahri (“Acquirer 1”), Mr. Dinesh Popli (“Acquirer 2”) and Mr. Ajay Dutta (“Acquirer 3”) (hereinafter collectively referred to as the “Acquirers”), along with Trimudra Trade & Holdings Private Limited (“PAC”), at a price of Rs. 23.35/- per Equity Share under Regulations 3(1) and 4 of the SEBI (SAST) Regulations, 2011, as amended Ref: Submission of Detailed Public Statement (“DPS”) released on August 14, 2026 in continuation with the Public Announcement (“PA”) dated August 7, 2026 Systematix Corporate Services Limited (“Manager to the Offer”), on behalf of the Acquirers and the PAC, has informed the equity shareholders of the Target Company vide DPS, in compliance with Regulation 15(2) of the SEBI (SAST) Regulations, pursuant to the Public Announcement dated August 7, 2026 made by our office and filed with BSE, the Target Company and uploaded on the portal of the Securities and Exchange Board of India (“SEBI”). As required under Regulations 13(4) and 14(3) of the SEBI (SAST) Regulations, the DPS has been published on August 14, 2026, in the following newspapers: 1 The Financial Express English Daily All Editions 2 Jansatta Hindi Daily All Editions 3 Mumbai Lakshdeep Marathi Daily Mumbai Edition In this regard, we are enclosing herewith a copy of DPS for your reference and records and request you to disseminate on your website at the earliest. Thanking You, Yours truly, For Systematix Corporate Services Limited Amit Kumar Director – Investment Banking Encl: As Above. CC: Kuber Udyog Limited (“Target Company”) Systematix Corporate Services Limited Registered Office: 206 - 207, Bansi Trade Centre, 581/5, M. G. Road, Indore - 452 001. Tel: +91-0731-4068253 Corporate Office: The Capital, A-Wing, No. 603 - 606, 6th Floor, Bandra Kurla Complex, Bandra (East), Mumbai -400051. Tel: +91-22-6619 8000 / 4035 8000 Fax: +91-22-6619 8029 /40358029 CIN: L91990MP1985PLC002969 Website: www.systematixgroup.in Email: secretarial@systematixgroup.in SEBI Merchant Banking Registration No.: INM000004224