Shareholding23 May 2026, 01:01 pm
Kavveri Defence: Chennareddy Rohit Reddy & PACs Increase Stake
AI Summary
Chennareddy Rohit Reddy and Persons Acting in Concert (PACs) have increased their stake in Kavveri Defence & Wireless Technologies Ltd through preferential allotment. The acquisition involves 22,50,000 shares (3.74%) acquired by Chennareddy Rohit Reddy. Following the acquisition, the total holding of the acquirer and PACs stands at 1,47,65,931 shares, representing 24.56% of the total share/voting capital. The acquisition was made via preferential allotment, with the date of allotment being 21-05-2026. The equity share capital after the acquisition is ₹60,12,42,600.
Key Highlights
- Chennareddy Rohit Reddy and PACs acquired 22,50,000 shares (3.74%) in Kavveri Defence via preferential allotment.
- Post-acquisition, the total holding of the acquirer and PACs is 1,47,65,931 shares, representing 24.56% of the voting capital.
- The equity share capital of Kavveri Defence after the acquisition is ₹60,12,42,600.
- The acquisition was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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