Kuber Udyog Share Price Today

Kuber Udyog updates open offer with NBFC cancellation and share allotments

RBI cancelled Kuber Udyog's NBFC registration on November 06, 2026. Acquirers received 7,62,85,000 shares for acquiring Golden Ikon Fleet Management. Open offer for 26% stake priced at ₹23.35 per share continues. Preferential allotment expanded equity capital to ₹119.27 crore.

Kuber Udyog Q2FY27 Results: Net loss of ₹0.76 lakh vs profit a year ago

Net loss of ₹0.76 lakh in Q2FY27 compared to a profit of ₹4.72 lakh in Q2FY26. Revenue from operations declined 54% YoY to ₹6.76 lakh. Cash and cash equivalents surged to ₹240.69 lakh from ₹21.09 lakh in March 2026. Loans outstanding reduced significantly to ₹128.17 lakh from ₹429.88 lakh. Deferred tax expense of ₹2.70 lakh exceeded pre-tax profit of ₹2.11 lakh in Q2FY27.

Green Horizon Fund acquires 6.23% stake in Kuber Udyog via preferential allotment

Green Horizon Fund PCC - Cell 1 acquired 6.23% stake in Kuber Udyog via preferential allotment and open market purchase. Total holding post-acquisition stands at 76,21,256 shares (6.39%) with no convertible warrants held. Mandatory open offer at ₹23.35 per share is currently open for tendering until November 11, 2026. Promoters Ajay Dutta and Dinesh Popli hold 16.18% each following similar preferential allotments.

Kuber Udyog AGM passes name change, fund raising resolutions unanimously

Kuber Udyog shareholders unanimously approved a name change and multiple fund-raising resolutions at the 44th AGM. The company secured approval for preferential allotment of equity shares and warrants convertible into equity. Managing Director Chetan Shinde was re-appointed, while Purvi Samir Patel was regularized as an Independent Director. All 19 agenda items passed with over 99.99% assent votes across remote e-voting and physical ballots.

Kuber Udyog open offer filed at ₹23.35 for 26% stake

Acquirers file DLOF to buy 26% stake in Kuber Udyog at ₹23.35 per share. Total offer value stands at ₹74.65 crore assuming full acceptance. Tendering period opens on October 1, 2026, and closes on October 15, 2026. Transaction triggers shift from NBFC business to fleet management services.

Kuber Udyog publishes DPS for ₹74.65 crore open offer; tendering starts Oct 1

Kuber Udyog Limited published its Detailed Public Statement on August 14, 2026, for a mandatory open offer of up to 3,19,71,680 equity shares at ₹23.35 per share. The offer, totaling ₹74.65 crore, is triggered by the acquisition of Golden Ikon Fleet Management Private Limited by promoters Manav Bahri, Dinesh Popli, and Ajay Dutta. The tendering period is set to begin on October 1, 2026, following the dispatch of the Letter of Offer in late September.