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Incorporated in 1996, Kavveri Telecom Products Limited is engaged in design, development and manufacture of Radio Frequency products and antennae for telecom, defense and space applications in India and abroad.
Kavveri Defence has confirmed book closure and a cut-off date for e-voting for its 31st Annual General Meeting. This defines shareholder eligibility for upcoming voting matters.
Kavveri Defence gained NSE approval to list 2.575 Cr new equity shares (Rs 10 FV, Rs 16 issue price) from June 1. These shares from warrant conversions add Rs 41.20 Cr to capital, expanding the share base.
Kavveri Defence received NSE approval to list 2.575 Cr new equity shares, issued at Rs. 16 each through warrant conversions. This expands their share capital by Rs. 41.20 Cr, enhancing liquidity and investor participation.
Kavveri Defence approved converting 72.50 lakh warrants into equity shares at Rs. 16 each, receiving Rs. 8.70 Cr. This preferential allotment increased paid-up capital from Rs. 52.87 Cr to Rs. 60.12 Cr, strengthening financials.
Kavveri Defence's board has reversed its prior decision to change its Registrar and Transfer Agent (RTA). Integrated Registry Management Services Private Limited will continue as the company's RTA, cancelling the appointment of Satellite Corporate Services.