Kuber Udyog Open Offer: Dates and Procedures Announced

Offer Price: ₹23.35 per share | Tendering Period: Oct 28, 2026 – Nov 11, 2026

Reader Takeaway: Investors have until November 11 to tender shares at ₹23.35; ensure all documentation is ready to avoid rejection.

What just happened

Kuber Udyog Ltd has confirmed the formal timeline for its open offer as per SEBI takeover regulations. The offer is spearheaded by acquirers Manav Bahri, Dinesh Popli, and Ajay Dutta, along with PACs, to acquire up to 26% of the company's expanded voting share capital. The Committee of Independent Directors (IDC) has reviewed the terms and confirmed the offer price of ₹23.35 per share is fair.

Why this matters

For retail shareholders, this open offer represents an exit opportunity or a chance to tender shares at the established price. The process is now locked in, with no further revisions expected to the price or the volume of shares being acquired.

Key Dates

• Tendering Period: October 28, 2026, to November 11, 2026.
• Bid Acceptance: November 16, 2026.
• Settlement Date: November 17, 2026.
• Payment/Refund: November 26, 2026.

Participation Procedures

Shareholders holding dematerialized shares can participate via their brokers using the BSE acquisition window. A lien must be marked on the shares before bids are placed. For those holding physical shares, submission of the original certificate, PAN, and signed transfer form to Satellite Corporate Services in Mumbai is mandatory.

What to track next

The publication of the post-offer announcement is scheduled for December 3, 2026, which will disclose the final response and the level of subscription received from shareholders.