Date: 8th October, 2026
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
Not Specified
Board Meeting Outcomes
Not Specified
Financial Results (Standalone & Consolidated)
Not Specified
Auditor’s Report
Not Specified
Disinvestment / Strategic Actions
Subsidiary Incorporation Details:
- Univastu India Limited incorporated a wholly-owned subsidiary named 'Univastu Networks Limited' in the United Kingdom.
- Company Number: 17506847
- Incorporated under the Companies Act, 2006 as a private company limited by shares.
- Registered with the Registrar of Companies for England and Wales.
- Certificate of Incorporation dated: 7th October, 2026
- Industry: Telecommunications and wireless networking technology
Investment Details:
- Investment Type: 100% subscription of paid-up share capital
- Number of Shares: 39,00,00,000 Ordinary (Equity) Shares
- Face Value per Share: 0.01 GBP (One Pence)
- Total Consideration: 39,00,000 GBP (Thirty-Nine Lakh Great Britain pounds)
- Transaction completed as an overseas direct investment
Strategic Purpose:
- Business expansion
- Acquisition of assets of 'Cambium Networks Ltd' (in administration)
Regulatory Approvals:
- Pursuant to applicable regulations of Reserve Bank of India (RBI), this being Overseas Direct Investment by the Company under Automatic route, no prior approval of RBI is required.
Related Party Status:
- Univastu Networks Limited is a wholly owned subsidiary of Univastu India Limited and hence will be a related party to the Company.
- The Promoters of Univastu India Limited are common directors of Univastu Networks Limited.
- Future transactions with the subsidiary shall be conducted at arm's length basis.
Other Operational / Legal / Strategic Disclosures
Regulatory Reference:
- Disclosure made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026