Summary of Key Information:
Acquirer / Seller / Promoter: Univastu India Limited through its wholly owned UK subsidiary, Univastu UK Limited
Target Company: Cambium Networks Limited (in administration)
Stock Exchange Listings:
NSE Scrip Code: UNIVASTU
Nature of Transaction / Event: Acquisition of specified assets relating to ePMP fixed wireless broadband and Enterprise Wi-Fi and switching businesses
Date of Transaction: 14/10/2026
Businesses Acquired:
- ePMP fixed wireless broadband products portfolio
- Enterprise Wi-Fi access points
- cnMatrix switching products
Transaction Execution: Final Business Sale Agreement executed with Cambium Networks Limited (in administration), acting by the Joint Administrators of RSM UK Restructuring Advisory LLP
Brand Strategy: Company will operate acquired business under the Cambium Networks brand, preserving existing brand identity
Employee Continuity: Existing employees of acquired businesses will continue associated with the business subject to applicable employment arrangements and laws
Strategic Benefits:
- Strengthens Company's EPC public infrastructure business in India
- Opens path for participation in telecom infrastructure projects in India
- Expands into global telecom technology market
- Adds global connectivity technology businesses to existing infrastructure platform
Customer Base: Internet service providers, telecom operators, enterprises and channel partners
Product Support: cnMaestro available to both Airspan and Univastu for their respective product portfolios
Future Plans:
- Establish focused operating platform for acquired businesses
- Develop long-term plan for product development, customer support, supply and channel engagement
- Work with customers to understand requirements and expectations
- Engage with distributors, resellers, suppliers and manufacturing partners for orderly transition
Regulatory Reference: Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Further Disclosures: Company will provide additional information on financial and operating implications as required by disclosure requirements
Analyst Notes:
Disclosure represents completion of strategic acquisition expanding Univastu's business into global telecom technology markets. Transaction involves specific business assets rather than entire company acquisition. Company emphasizes continuity of operations, brand preservation, and employee retention to ensure smooth transition.