590041

- Q1 FY27 Consolidated Operating Revenue ₹144.33 lakhs vs ₹391.40 lakhs (▼63.13% YoY) - EBITDA ₹(148.79) lakhs vs ₹104.24 lakhs (▼242.76% YoY) (from profit to loss) - PAT ₹(121.10) lakhs vs ₹107.78 lakhs (▼212.30% YoY) (from profit to loss) - EBITDA Margin -103.09% vs 26.63% (▼12972 bps)

- Q1 FY27 Consolidated Revenue ₹144.33 lakhs vs ₹391.40 lakhs (▼63.13% YoY) - EBITDA ₹-111.61 lakhs vs ₹110.75 lakhs (▼199.08% YoY) - PAT ₹-121.10 lakhs vs ₹107.78 lakhs (▼212.37% YoY) - EBITDA Margin -77.33% vs 28.30% (▼10563 bps) - Auditors issued a Qualified Opinion on consolidated results for Q1 FY27 due to the non-inclusion of financial statements/information for 7 subsidiaries. Management stated some subsidiaries are in insolvency/bankruptcy or have not derived any revenue/expenses, thus not considered for consolidation.

- Board Meeting on August 14, 2026, to approve standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. - Trading window closed from July 01, 2026, until 48 hours post-results declaration.

- The trading window for Kavveri Defence & Wireless Technologies Limited will close from July 01, 2026. - It will remain closed until 48 hours after the declaration of unaudited financial results for the quarter ended June 30, 2026.

Kavveri Defence's Board of Directors approved the Standalone Financial Results for the year ended March 31, 2026, on May 30, 2026. Standalone revenue from operations significantly declined by ~65.5% YoY to ₹510.21 lakhs, and Net Profit (PAT) fell by ~85.1% YoY to ₹81.17 lakhs, with EBITDA turning negative. The Board also revised remuneration for key managerial personnel. Importantly, the auditors issued a qualified opinion, citing inability to determine impairment loss on ₹2834.07 lakhs investments in loss-making subsidiaries and unadjusted forex balances.

Kavveri Defence & Wireless Technologies Limited reported Standalone Revenue ₹510.21 lakhs vs ₹1,476.57 lakhs (▼65.48% YoY), EBITDA ₹100.38 lakhs vs ₹577.05 lakhs (▼82.60% YoY), PAT ₹81.17 lakhs vs ₹544.87 lakhs (▼85.01% YoY). EBITDA Margin 19.67% vs 39.01% (▼1934bps). Auditors issued a qualified opinion due to unvalued investments in loss-making subsidiaries (₹2834.07 lakhs) and other accounting discrepancies (unreinstated forex balances, unprovided trade receivables from BSNL), raising significant concerns about the net profit and net worth. The Board also approved revised remuneration for the Managing Director and Whole-time Directors.

Kavveri Defence & Wireless Technologies Limited received approval for the listing and trading of 18,500,000 and 7,250,000 equity shares (total 25,750,000 shares) on the National Stock Exchange of India, effective June 1, 2026. These shares, with a face value of Rs. 10/- each and an issue price of Rs. 16/- per share, were allotted to promoters and non-promoters following the conversion of warrants issued on a preferential basis.

Promoters and Persons Acting in Concert (PACs) of Kavveri Defence & Wireless Technologies Ltd acquired a total of 94,70,000 equity shares, representing 15.75% of the post-issue capital, through a preferential allotment on May 21, 2026. This increased their collective holding from 15.41% to 24.56% of the expanded equity share capital. The company's total equity shares increased from 3.43 crore to 6.01 crore. One promoter's percentage holding was diluted due to the capital increase, though her absolute number of shares remained unchanged.