Announced Wed, 11 Jun · 19:38 IST

As per the attachment.

Promoter Below 50pctPromoter Stake Sell 1pctOwnership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kuberan Global Edu Solutions Ltd has completed the transfer of promoter and promoter group shares to Hathor Corporate Advisors LLP (the Acquirer) and Plutus Capital Management LLP (Person Acting in Concert) under an Open Offer linked to a Share Purchase Agreement dated 30 October 2024. Promoter Chandramouleeswaran Krishnan transferred 9,65,221 shares (45.82%) on 11 June 2025, and three promoter group entities transferred a combined 2,134 shares (0.10%) on 10 June 2025. As a result, the existing promoter/promoter group now holds 0% of the company and will be reclassified as Public. The Acquirer + PAC together now hold 11,03,355 shares, equal to 52.38% of the company, crossing the majority threshold. Remaining promoter group share transfers are still in process.

Likely market impact

This is a major change of control at Kuberan Global Edu Solutions. Existing promoters have fully exited (their stake is now 0%), and a new acquirer has taken over with 52.38% holding. Shareholders should expect shifts in management control, strategy, and possibly board composition going forward.