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Kavveri Defence & Wireless Technologies Limited, formerly Kavveri Telecom Products Limited, announced that its board has approved a scheme of amalgamation with Samoro Telecoms Private Limited, subject to shareholder and creditor approvals and the National Company Law Tribunal`s sanction. The amalgamation will involve the issuance of 453 equity shares with a face value of Rs 10 each of Kavveri Defence & Wireless Technologies Limited for every one equity share with a face value of Rs 10 each of Samoro Telecoms Private Limited. The move is intended to consolidate operations in the telecommunication, defence, aerospace, space, and electronics sectors, creating synergies through pooled manufacturing capabilities, technical expertise, and customer relationships.

Kavveri Defence & Wireless Technologies Limited informed the BSE and National Stock Exchange of India that its register of members and share transfer books will be closed from September 24, 2026, to September 30, 2026, for the purpose of the company’s 31st Annual General Meeting, with September 23, 2026, set as the cut-off date for remote e-voting.

Kavveri Defence & Wireless Technologies Limited, formerly Kavveri Telecom Products Limited, will hold a board meeting on September 4, 2026, to determine the date, time, and book closure date for the Annual General Meeting (AGM) for the financial year ended March 31, 2026, and to approve the AGM notice, board report, and related documents.

Kavveri Defence & Wireless Techs. will hold a meeting of the Board of Directors of the Company on 14 August 2026.

Net profit of Kavveri Defence & Wireless Technologies declined 92.41% to Rs 0.28 crore in the quarter ended March 2026 as against Rs 3.69 crore during the previous quarter ended March 2025. Sales declined 88.78% to Rs 0.92 crore in the quarter ended March 2026 as against Rs 8.20 crore during the previous quarter ended March 2025.For the full year,net profit declined 80.66% to Rs 1.24 crore in the year ended March 2026 as against Rs 6.41 crore during the previous year ended March 2025. Sales declined 50.82% to Rs 8.42 crore in the year ended March 2026 as against Rs 17.12 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales0.928.20 -89 8.4217.12 -51 OPM %-191.30-7.32 --16.5112.09 - PBDT0.343.79 -91 1.436.72 -79 PBT0.283.69 -92 1.246.41 -81 NP0.283.69 -92 1.246.41 -81 Powered by Capital Market - Live News