Kavveri Defence & Wireless Technologies Limited — Others, 05-02-2025: Amendment to AOA/MOA

Kavveri Defence & Wireless Technologies has announced a board meeting in which the unaudited financial results for the quarter ended December 31, 2024, were approved. The company reported a profit of ₹2.12 crore, showing a recovery from previous losses. The board proposed the appointment of Mr. Lakshmipuram Rajagopalachar Venugopal as Non-Executive Non-Independent Director and Mr. Sanketh Ram Reddy as Executive Director, both subject to shareholder approval at the upcoming General Meeting. The board also approved an increase in authorized share capital and related party transactions. This update may foster a positive outlook among investors, reflecting confidence in governance and operational improvements amid ongoing challenges in revenue generation.