Univastu India Merger & Restructuring Worth ₹49.53 Cr
Univastu India incorporated UK subsidiary for GBP 39 lakh (≈₹49.53 Cr) to acquire Cambium Networks assets. The wholly-owned entity will operate in telecom and wireless networking.
- Value
- ₹49.53 Cr
ALFA Filings
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Univastu India incorporated UK subsidiary for GBP 39 lakh (≈₹49.53 Cr) to acquire Cambium Networks assets. The wholly-owned entity will operate in telecom and wireless networking.
Univastu revised its Reg 30 intimation on incorporating subsidiary Univastu UK Limited for 10 GBP consideration. The correction clarifies promoters are common directors with no separate individual interest.
Univastu India incorporated a wholly-owned subsidiary, 'Univastu UK Limited', in the UK to facilitate business expansion. This is an overseas direct investment by the company.
Univastu India Limited incorporated a new associate company, UV Bharat Private Limited, on April 1, 2026. The new entity will focus on infrastructure projects, including highways and bridges. Univastu holds a 49% stake in the company, aiming to strengthen its presence in the construction and infrastructure sector.