Kuber Udyog informs about outcome of board meeting

Kuber Udyog has informed that the Board of Directors of the Company, at its meeting held on Wednesday, October 28, 2026, has approved 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 Manav Bahri (3,81,42,500 Equity Shares), Dinesh Popli (1,90,71,250 Equity Shares) and Ajay Dutta (1,90,71,250 equity Shares) for consideration other than cash towards 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-CFDPOD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30, 2026 is enclosed herewith as ‘Annexure A’; The Allotment of 3,95,50,000 (Three Crores Nin ety-Five Lakhs Fifty Thousands) Equity Shares of Rs. 10/- (Rupees Ten only) each at an Issue price of Rs. 23.10/- (Rupees TwentyThree 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 Companies Act, 2013 and rules made there under (as per the list enclosed and marked in Annexure B).

The above information is a part of company’s filings submitted to BSE.