Kavveri Defence & Wireless Technologies Limited — Important, 15-05-2025: Updates

Kavveri Defence & Wireless Technologies received a warning for not obtaining prior approvals for related party transactions totaling Rs. 0.95 Cr between April and September 2024. One transaction of Rs. 0.34 Cr was later ratified, while a Rs. 0.61 Cr deal was canceled. The company has updated its Board and Audit Committee and pledged stronger compliance. No penalties were imposed, and no financial impact is expected.