In a significant shareholding shift, Hathor Corporate Advisors LLP, a registered limited liability partnership, has acquired a majority stake in Kuberan Global Edu Solutions Limited, taking its total holding to 52.38 percent along with its Person Acting in Concert (PAC), Plutus Capital Management LLP.

The transaction involved a combination of off-market share transfers and open offer purchases, aligning with the requirements of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, specifically Regulation 29(2).

The update was formally disclosed to the Bombay Stock Exchange (BSE) on 11 June 2025, and the acquisition was completed between 09 June 2025 and 11 June 2025.

Stake Acquisition Breakdown

According to the official disclosure, Hathor Corporate Advisors LLP acquired 9,97,355 equity shares, representing 47.35 percent of the total equity share capital of Kuberan Global Edu Solutions Limited.

The PAC, Plutus Capital Management LLP, already held 1,06,000 shares, representing 5.03 percent of the issued capital. With this acquisition, their aggregate holding stands at 11,03,355 shares, amounting to a controlling 52.38 percent stake.

Mode and Timeline of Acquisition

The acquisition was carried out in two stages:

• 9,67,355 shares were acquired via off-market transactions as per the Share Purchase Agreement (SPA) dated 30 October 2024, from the outgoing promoter and promoter group

• 30,000 shares were acquired through an open offer during the tendering period as per norms of the open offer dated 30 October 2024

All share transfers were executed during the window from 09 June 2025 to 11 June 2025.

No Change in Share Capital Structure

Post-acquisition, the share capital of Kuberan Global Edu Solutions remains unchanged. The total issued and subscribed capital of the company is 2,10,65,360 rupees, represented by 21,06,536 equity shares of Rs 10 each.

There is no dilution or addition of convertible securities, ensuring that the acquired stake reflects the actual shareholding and voting rights as on date.

Regulatory Filing and Compliance

The entire transaction has been conducted in full compliance with SEBI regulations. A detailed disclosure was filed with BSE under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The disclosure includes:

• Pre-acquisition and post-acquisition shareholding

• Method of acquisition

• Percentage of voting capital held before and after

• Confirmation of compliance with applicable SEBI guidelines

The document was signed by Siddhant Kabra, Designated Partner of Hathor Corporate Advisors LLP (DPIN: 07470463).

Change in Control of the Company

The acquisition of more than 50 percent stake clearly signals a change in control of Kuberan Global Edu Solutions Limited. While the document does not specify board restructuring, this level of ownership typically results in changes in the composition of the Board of Directors, operational strategies, and leadership vision.

As per SEBI rules, the company and the acquirers will also need to make any further disclosures or take approvals as needed, based on whether the acquisition triggers indirect changes in management or operations.

About the Acquirer and PAC

Hathor Corporate Advisors LLP is a Thane-based corporate advisory firm (LLPIN: AAO-6141), operating from its registered office at Centrum IT Park, S G Barve Road, Wagle Estate.

Plutus Capital Management LLP, the PAC in this transaction, is a financial entity that previously held a minority stake in the company and has now played a role in consolidating control through this acquisition.

The collaboration between the two LLPs reflects a strategic intent to enter or strengthen presence in the education technology or training sector, considering Kuberan’s core business focus.

Implications for Kuberan Global Edu Solutions

Kuberan Global Edu Solutions Limited, a listed entity on BSE under Scrip Code 543289, is engaged in the education sector, offering test preparation, training and skill development services.

With a new majority shareholder, the company may witness:

• Strategic restructuring

• Capital infusion or partnerships

• Changes in leadership or product expansion

• Shift in market strategy or digital transition

These developments are likely to be closely watched by investors, regulators and stakeholders in the education and edtech ecosystem.

Open Offer Compliance and Transparency

The acquirers’ strict adherence to SEBI norms ensures transparency and investor protection. The open offer provided a fair opportunity for public shareholders to exit or participate in the new management setup.

Such actions underscore the importance of corporate governance and shareholder rights in Indian capital markets.

Market Reaction and Investor Sentiment

While the immediate market reaction remains to be seen, acquisitions of such scale typically influence:

• Stock price movement

• Trading volumes

• Analyst coverage and investor interest

If the new management is able to deliver on operational and strategic efficiencies, the acquisition could prove value-accretive in the long term.

Conclusion

The acquisition of a 52.38 percent controlling stake in Kuberan Global Edu Solutions Limited by Hathor Corporate Advisors LLP and Plutus Capital Management LLP is a major development in the small-cap education segment.

With full regulatory compliance and a structured acquisition strategy through off-market and open offer channels, the move highlights increasing consolidation and investor interest in education services.

The industry and capital markets will now keenly watch how this change in ownership translates into performance, expansion and stakeholder value creation in the quarters ahead

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