Kavveri Defence & Wireless Technologies announced that all 12 resolutions proposed at its 31st Annual General Meeting (AGM) held on September 30, 2026, were passed by the requisite majority of members.

The company submitted the scrutinizer's report and voting results to BSE and NSE on October 1, 2026. The AGM addressed ordinary and special business items, including the adoption of FY26 financial statements, director re-appointments, and material related party transactions. Voting was conducted via remote e-voting and physical poll at the meeting in Bengaluru.

Key resolutions passed

The meeting approved several critical corporate actions. Members adopted the standalone and consolidated audited financial statements for FY26. Director re-appointments were also ratified, including Chennareddy Shivakumarreddy as Managing Director and R. H. Kasturi as Whole-Time Director. Additionally, material related party transactions with entities such as Samoro Telecoms Private Limited, Til-Tek Antenna Inc., DCI-Digital Communications Ltd., Kaytech Coverage Solutions Inc., and Kavveri Technologies Inc. were approved. Remuneration revisions for key managerial personnel and the re-appointment of Keerthi Narayan as Independent Director via special resolution were also cleared.

Voting results summary

The scrutinizer's report confirmed high levels of support across all agenda items. For the adoption of financial statements (Resolution 1), 99.97% of valid votes were cast in favor. Promoter and promoter group participation was significant in this resolution, casting 8,045,931 votes entirely in favor.

For resolutions involving related party transactions and director appointments where promoters were interested parties (Resolutions 2 through 11), voting was restricted to public shareholders. In these cases, approximately 98.8% of votes polled were in favor. Resolution 12, regarding the appointment of an Independent Director, saw promoter group participation again, resulting in a 99.97% approval rate.

Meeting details and attendance

The meeting was chaired by L R Venugopal, Chairman and Non-Executive Director. All directors were present, and no leave of absence was granted. The proceedings concluded at 10:30 am after voting procedures were explained by the Company Secretary. The scrutinizer, CS Guruprasada Bhat from G Bhat & Associates, oversaw the voting process. Representatives from Integrated Registry Management Services Private Limited also attended as registrars.

What the Numbers Show

The voting pattern reveals a clear distinction in shareholder engagement based on conflict of interest. For non-conflicted items like financial statement adoption and independent director appointment, promoter group votes significantly boosted the total vote count to over 8.2 million shares, driving approval rates above 99.9%. Conversely, for conflicted items such as related party transactions and executive remuneration, promoter votes were excluded from the tally. Despite this exclusion, public shareholders still demonstrated strong support, with dissenting votes consistently hovering around 1.2% of the total polled shares.

Kavveri Defence & Wireless Technologies will close its trading window starting October 1, 2026. The closure remains in effect until 48 hours after the company declares its unaudited financial results for the quarter and half year ended September 30, 2026.

This action is taken in compliance with the Code of Conduct for prevention of Insider Trading and the SEBI (Prohibition of Insider Trading) Regulations, 2015. The restriction applies to designated persons and connected persons associated with the company during this period.

The notice was submitted to both BSE Limited and the National Stock Exchange of India Limited on September 25, 2026. The company, formerly known as Kavver Telecom Products Limited, is based in Bengaluru, Karnataka.

Compliance Details