Kavveri Defence promoter confirms unencumbered holdings
Chennareddy Rohit Reddy, a promoter of Kavveri Defence & Wireless Technologies, disclosed holding 22,50,000 equity shares, or 3.74% of the company, as of March 31, 2026, confirming no encumbrances. The shares were allotted via convertible warrant conversion approved by the board on March 5, 2026, with listing approval pending.

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Promoter Chennareddy Rohit Reddy of Kavveri Defence & Wireless Technologies has confirmed that his shareholding remains free of any encumbrance as of March 31, 2026. In a disclosure to the stock exchanges, Reddy declared that neither he nor any persons acting in concert have created any third-party claims over his equity shares during the financial year ended March 31, 2026. The filing was submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Shareholding and Allotment Details
Chennareddy Rohit Reddy reported holding 22,50,000 equity shares, representing 3.74% of the company. These shares were allotted to him pursuant to the conversion of convertible warrants. The company executed a total allotment of 1,85,00,000 equity shares, of which 22,50,000 shares were allotted to Reddy.
Board Approvals and Listing Status
The allotment was approved during a board meeting held on March 5, 2026. The company is currently awaiting listing approval from the stock exchanges for these newly issued shares. The disclosure ensures transparency regarding the promoter's holdings and confirms the absence of any financial liabilities or charges against the stated shares.
| Detail | Figure |
|---|---|
| Shares held by Chennareddy Rohit Reddy | 22,50,000 |
| Percentage held by Chennareddy Rohit Reddy | 3.74% |
| Total equity shares allotted by company | 1,85,00,000 |
| Shares allotted to Chennareddy Rohit Reddy | 22,50,000 |
| Date of shareholding status | March 31, 2026 |
Historical Stock Returns for Kavveri Defence & Wireless Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.88% | -3.05% | +4.26% | -11.15% | -3.69% | +3,326.11% |
What is the expected timeline for receiving stock exchange approval for the listing of the 1.85 crore newly issued shares?
How will the conversion of warrants and the subsequent equity dilution impact Kavveri Defence's earnings per share for the fiscal year 2026?
What strategic capital allocation plans does the company intend to execute with the funds raised from this large issuance of equity shares?































