Announced Thu, 8 Oct, 2026 · 13:35 IST
Univastu India sets up UK unit to acquire Cambium Networks assets
UNIVASTU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹130.40
prior close
₹129.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+1.1+1.1+1.1——————————
Up moveDown movePending
AI summary
Univastu India set up wholly owned UK subsidiary Univastu Networks Limited on 7 Oct 2026. Purpose: expand business and acquire assets of Cambium Networks Ltd, currently in administration. Investment of GBP 39 lakh as capital in 39 crore ordinary shares at 0.01 GBP each. Industry: telecom and wireless networking. Funded as overseas direct investment under RBI automatic route. Common directors make this a related party deal at arm's length.
Likely market impact
Shows international push via UK unit to buy Cambium Networks assets. Common directors make this a related party deal; watch execution and FX risk.