Shareholding25 May 2026, 07:51 pm
Kavveri Defence: Chennareddy Rohit Reddy Acquires 3.74% Via Preferential Allotment
AI Summary
Chennareddy Rohit Reddy acquired 22,50,000 equity shares (3.74%) of Kavveri Defence & Wireless Technologies Ltd through a preferential allotment. This acquisition, valued at ₹3,60,00,000, increases the promoter group's holdings. Other promoters and non-promoters also received disclosures pursuant to Regulation 7(2) of SEBI PIT Regulations and SEBI SAST Regulations.
Key Highlights
- Chennareddy Rohit Reddy acquired 22,50,000 shares (3.74%) via preferential allotment.
- The acquisition value for Chennareddy Rohit Reddy is ₹3,60,00,000.
- Promoters and non-promoters made disclosures under SEBI regulations.
- The acquisition was executed on May 21, 2026, with intimation on May 22, 2026.
- Post-acquisition, Chennareddy Rohit Reddy holds 22,50,000 shares (3.74%).
Price Impact
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