Kavveri Defence & Wireless Technologies has scheduled its 31st Annual General Meeting (AGM) for September 30, 2026. The company also announced the e-voting window and book closure dates.

The Board of Directors approved these details during a meeting held on September 4, 2026. This follows the intimation issued on September 1, 2026, regarding administrative matters for the financial year ended March 31, 2026. The company published a newspaper advertisement on September 8, 2026, confirming the dispatch of the AGM notice.

AGM Schedule and Location

The AGM will be held on Wednesday, September 30, 2026, at 10:30 am (IST). The meeting will take place in physical mode at the company’s registered office located at No. 31-36, 1st Main, 2nd Stage, Arekere MICO Layout, Bannerghatta Road, Bengaluru - 560075, Karnataka.

The Annual Report for FY26, including financial statements for the year ended March 31, 2026, was sent via email on September 7, 2026, to members with registered email addresses. The notice is also available on the company website and stock exchange portals.

E-Voting and Book Closure

Shareholders can cast their votes remotely through an electronic voting system. The key dates for voting and record determination are as follows:

• E-Voting Cut-off: Wednesday, September 23, 2026. Shareholders on record as of this date are eligible to vote.
• E-Voting Period: Sunday, September 27, 2026 (9:00 am) to Tuesday, September 29, 2026 (5:00 pm).
• Book Closure: Thursday, September 24, 2026, to Wednesday, September 30, 2026 (both days inclusive).

Members who vote electronically before the AGM cannot vote again at the physical meeting. Those who do not vote remotely may vote via e-voting or physical ballot at the AGM venue.

These actions comply with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed both the BSE and NSE of these developments.

Kavveri Defence & Wireless Technologies reported a significant contraction in its financial performance for the fiscal year ended March 31, 2026 (FY26), as order deliveries slowed following a peak year. The company’s 31st Annual General Meeting (AGM) is scheduled to be held on September 30, 2026, at its registered office in Bengaluru.

Financial Performance

Consolidated revenue from operations fell 50.8% year-on-year to ₹842.1 million (₹842.09 crore) in FY26, compared to ₹1,712.0 million in FY25. This decline follows a substantial spike in FY25 revenues, which were driven by large order deliveries.

Profitability metrics mirrored the revenue drop. Consolidated net profit after tax decreased by 80.7% to ₹124.2 million (₹124.17 crore) from ₹640.7 million in the previous year. Standalone net profit also contracted sharply, falling to ₹81.2 million from ₹544.9 million.

Balance Sheet and Capital Structure

The company strengthened its balance sheet through equity infusion. During FY26, Kavveri converted 40 million warrants into equity shares at an issue price of ₹16 per share, raising additional capital. Consequently, total equity increased to ₹12,711.2 million (standalone) from ₹9,571.3 million in FY25.

Borrowings remained minimal, with consolidated borrowings standing at just ₹44.1 million (₹4.41 crore) as of March 31, 2026, down from ₹189.3 million in FY25. The company remains largely debt-free, with no long-term borrowings reported.

What the Numbers Show

A critical observation from the financial statements is the heavy reliance on non-operating income to sustain profitability. In the standalone books, other income stood at ₹209.7 million against revenue from operations of ₹510.2 million. This means other income contributed approximately 41% of total standalone income, highlighting that core operational margins are under pressure during this period of lower order deliveries.

Corporate Governance and AGM Details

The AGM will address several key resolutions, including:

• Adoption of audited financial statements for FY26.
• Re-appointment of directors Chennareddy Shivakumarreddy and R H Kasturi.
• Approval of material related-party transactions with subsidiaries including Til-Tek Antenna Inc. and Samoro Telecoms Private Limited.
• Revision of remuneration for key managerial personnel.

Remote e-voting will be available from September 27 to September 29, 2026. The register of members will remain closed from September 24 to September 30, 2026.