StockWatch
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Telecom -  Equipment & Accessories
Shareholding23 May 2026, 01:01 pm

Kavveri Defence: C Sanketh Ram Reddy Shareholding Update

AI Summary

C Sanketh Ram Reddy's shareholding in Kavveri Defence & Wireless Technologies Ltd has decreased from 8.12% to 4.64% due to the allotment/listing of 2,57,50,000 equity shares on a preferential basis. There was no change in the number of shares held by C Sanketh Ram Reddy. The company's equity share capital increased from ₹34,37,42,600 to ₹60,12,42,600 after the preferential allotment.

Key Highlights

  • C Sanketh Ram Reddy's stake in Kavveri Defence decreased to 4.64% due to preferential allotment.
  • The number of shares held by C Sanketh Ram Reddy remained unchanged at 27,90,000.
  • Kavveri Defence's equity share capital increased to ₹60,12,42,600 post-allotment.
  • The preferential allotment involved 2,57,50,000 equity shares to promoters and non-promoters.