Kavveri Defence & Wireless Technologies Limited — JV/Acquisition, 06-09-2026: Amalgamation/Merger

Kavveri Defence & Wireless Technologies Limited is amalgamating with Samoro Telecoms Private Limited. The merger aims to combine complementary businesses in the telecom, defence, and aerospace sectors to achieve operational synergies, optimize resources, and drive growth.

Under the scheme, shareholders of Samoro Telecoms will receive 453 shares of Kavveri Defence for every 1 share held. This swap ratio is based on a valuation report. The merger is expected to significantly increase promoter shareholding in the combined entity from approximately 24.56% to 45.20%.