Kavveri Defence AGM 2026: merger vote, key dates

What the latest updates signal for shareholders

Kavveri Defence & Wireless Technologies Ltd. has lined up two shareholder-relevant developments in September 2026: its 31st Annual General Meeting (AGM) and a board-approved merger plan involving Samoro Telecoms Private Limited. The AGM is scheduled for September 30, 2026, with defined timelines for e-voting and book closure. Separately, the company’s board has approved a Scheme of Amalgamation with Samoro Telecoms, positioning the two businesses under a single listed entity. The information also includes multiple market snapshots around the stock price and BSE market depth, reflecting trading interest at different points in time.

31st AGM: date, time, and voting window

The company has scheduled its 31st AGM for Wednesday, September 30, 2026, at 10:30 am (IST). For investors, the operational details are centred on the e-voting cut-off date, the e-voting period, and the book closure window. The e-voting cut-off is Wednesday, September 23, 2026, with shareholders on record as of this date eligible to vote. E-voting is slated to open on Sunday, September 27, 2026 (9:00 am) and close on Tuesday, September 29, 2026 (5:00 pm). The book closure period is Thursday, September 24, 2026, to Wednesday, September 30, 2026 (both days inclusive).

Merger proposal: scheme of amalgamation with Samoro Telecoms

Kavveri Defence & Wireless Technologies’ board of directors approved a scheme of amalgamation with Samoro Telecoms Private Limited on September 6, 2026. The approval followed consideration of recommendations from the Audit Committee and Independent Directors, as stated in the provided text. The stated objective of the transaction is to enhance telecom-defence integration and develop a unified technology platform. The scheme is described as consolidating microwave and RF components operations under a single corporate entity.

Shareholding impact: promoter stake to rise post-merger

A key data point in the merger narrative is the expected change in ownership split after the proposed amalgamation. Under the proposed scheme, the promoter shareholding in the listed company is set to increase from 24.56% to 45.20% after the merger. As a result, public shareholding is stated to decline from 75.44% to 54.80%. These figures, if implemented as described, would meaningfully change the company’s shareholding structure and the promoter group’s influence.

Business profile and operating focus

The company is described as having been incorporated in 1996 and being engaged in the design, development, and manufacture of RF products and antennas. The text also states that KDWTL provides advanced RF solutions serving defence, aerospace, public safety, counter-drone systems, and fixed wireless access. It is also described as providing total turnkey solutions for coverage and capacity enhancement requirements for GSM and CDMA carriers in India.

Financial performance data cited in the text

The provided information points to a sharp year-on-year contraction in FY26 performance, attributing the slowdown to order deliveries moderating after a peak year. Consolidated revenue from operations is stated to have fallen 50.8% year-on-year to ₹842.1 million (₹84.21 crore) in FY26, compared with ₹1,712.0 million (₹171.20 crore) in FY25. Separately, a quarterly update notes that for Q1 FY26-27 (dated 14th Aug, 2026), the company reported a net profit of Rs -1.

The text also includes a standalone highlight stating: “Net profit dropped 80.7% to ₹124.2 crore amid lower order deliveries.” This figure is presented as a highlight without additional period context in the provided extract, so it should be read as-is alongside the other stated numbers.

Stock snapshots: price prints and market depth references

Multiple market data snapshots are included. One snapshot lists KAVDEFENCE at ₹69.37 as on 11-Sep-2026 16:00:00 IST. Another line shows “₹ 69.3 -7.28%” alongside “11 Sep - close price,” and the company’s market cap is listed as ₹417 crore with “Current Price ₹69.3.” The text also reports “1 Year Returns: -29.26%.”

BSE market depth data dated 15 Sep 2026 shows a best bid of ₹72.83 and a best ask of ₹73.30, with total bid quantity of 182,140 and total ask quantity of 37,880 in the displayed depth summary. Another set of price stats shows “Today’s High ₹66.91,” “Today’s Low ₹62.2,” “52 Week High ₹161.05,” and “52 Week Low ₹51.05.”

A separate data point in the extract states that as of 09-09-2026 16:07, the share price was shown as ₹0, down ₹64.62 (-100.00%) from a previous close of ₹64.62. This is presented in the source text as a feed snapshot.

Key table: AGM and shareholder action dates

Key table: merger and market datapoints cited

Market impact: what investors can verify now

For shareholders, the near-term, verifiable milestones are the AGM date and the e-voting and book-closure windows. The merger proposal is also a material corporate action because it is tied to a stated consolidation of telecom-defence and RF component operations and a clear post-scheme shift in promoter and public shareholding. On the trading side, the depth snapshot indicates where buyers and sellers were stacked around ₹72.83 to ₹73.30 at the time of the BSE market depth capture, while other price snapshots show trading at ₹69.3 to ₹69.37 around September 11.

Analysis: why the merger and dates matter

The scheme of amalgamation matters because it is positioned as a structural step to unify operations and create a single platform for microwave and RF components under the listed entity. The most concrete investor takeaway from the proposal is the expected change in shareholding mix, with the promoter group’s stake rising to 45.20% and public float reducing to 54.80% after the merger. Alongside this, the FY26 revenue contraction data and the Q1 FY26-27 net profit figure included in the extract provide context on recent performance cited in the same set of information.

Conclusion

Kavveri Defence & Wireless Technologies enters the end of September 2026 with a scheduled AGM on September 30 and a defined set of voting and book-closure dates leading into it. The board-approved merger with Samoro Telecoms, dated September 6, comes with a stated operational rationale and a clearly quantified shift in shareholding structure. The next confirmed milestones for investors are the e-voting cut-off on September 23 and the e-voting window from September 27 to September 29, ahead of the AGM on September 30.