ALPHA TRIBE

Kuberan Global Edu Solutions LtdUpdates, 24-06-2025: Company Update

24-06-2025 | 05:38 pm

KUBERAN GLOBAL EDU SOLUTIONS LIMITED , COIMBATORE WWW.KGESLTD.IN

KUBERAN GLOBAL EDU SOLUTIONS LIMITED,

L80900TZ2013PLC019519, BSE scrip code : 543289

NO :401 GES COMPLEX ,IST FLOOR ,7TH STREET , Gandhipuram ,CBE -641012.

Phone :9944488001 , Email :investor@kgesltd.in

Date: 24th June, 2025

To,

Corporate Services Department,

BSE Limited,

P J Towers, 1st Floor, Dalal Street,

Fort, Mumbai - 400001.

Scrip Code: 543289

Subject: Change in Management and Control of the Company.

Reference: Regulation 30 and Regulation 31A (10) of SEBI (Listing Obligations And Disclosure

Requirements) Regulations, 2015 relating to reclassification of “Promoter/Promoter Group

Category” to “Public Category” pursuant to Open Offer.

Dear Sir/Madam,

Pursuant to provisions of Regulation 30 and Regulation 31A of SEBI (Listing Obligations And Disclosure

Requirements) Regulations, 2015 (Listing Regulations) and in compliance with SEBI (Substantial Acquisition of

Shares Transfer) Regulations, 2011 (SEBI SAST Regulations), the existing Promoter and Promoter Group of

the Company executed Share Purchase Agreement dated 30th October, 2024 with M/s Hathor Corporate

Advisors LLP (Acquirer) along with M/s. Plutus Capital Management LLP (Person Acting in Concert) and in

open offer dated 30th October, 2024 intention of the promoter(s) to reclassify from Promoter Category to

Public Category has been disclosed and accordingly existing Promoter and Members of Promoter Group have

initiated transfer of their respective shares to M/s Hathor Corporate Advisors LLP (Acquirer).

Details of Share Transfer completed till date have been given below:

Date of

Share

Transfer

Name of Person Category No. of

shares

transferred

% of

Holding

Holding

Before

transfer

Holding

after

transfer

10/06/2025 Krishnan C HUF Promoter Group 295 0.01 295 0

10/06/2025 K Chandramouleeswaran HUF Promoter Group 1,692 0.08 1,692 0

10/06/2025 Krishnachandran C Promoter Group 147 0.01 147 0

11/06/2025 Chandramouleeswaran Krishnan Promoter 9,65,221 45.82 9,65,221 0

17/06/2025 Palanivelammal K Promoter Group 1,03,084 4.89 1,03,084 0

17/06/2025 Krishnan C Promoter Group 2,71,429 12.89 2,71,429 0

Total 13,41,868 63.70 13,41,868 0

As on date, transfer of shares from Promoters to Acquirer is pending for one (1) member of Promoter Group

for which transfer of shares have been initiated and intimation of completion of the same will be given in due

course of time and they will be reclassified from the “Promoter/Promoter Group Category” to “Public

Category” in accordance with Regulation 31A(10) of the Listing Regulations.

Further In order to comply with norms of open offer, SEBI Listing Regulations and SEBI SAST Regulations, the

Directors belonging to Promoter and Promoter Group of the Company has tendered their resignation from

Board of Directors of the Company effective from closing hours of 24th June, 2025.

----------------Page (0) Break----------------

KUBERAN GLOBAL EDU SOLUTIONS LIMITED , COIMBATORE WWW.KGESLTD.IN

KUBERAN GLOBAL EDU SOLUTIONS LIMITED,

L80900TZ2013PLC019519, BSE scrip code : 543289

NO :401 GES COMPLEX ,IST FLOOR ,7TH STREET , Gandhipuram ,CBE -641012.

Phone :9944488001 , Email :investor@kgesltd.in

As on date of intimation, the Acquirer holds 13,71,868 shares representing 65.12 % shares and PAC holds

1,06,000 shares representing 5.03% of the Company. The Total Holding of the Acquirer along with PAC stand

at 14,77,868 shares representing 70.16 % shares.

The Acquirer also control the Management of the Company effective from 24th June, 2025.

This is for your information and record.

Thanking you,

For Kuberan Global Edu Solutions Limited

_____________________________

Chandramouleeswaran Krishnan

Managing Director

DIN: 06567258

----------------Page (1) Break----------------

No comments yet. Be the first to comment!

All announcements from Kuberan Global Edu Solutions Ltd