Shareholding23 May 2026, 10:31 am
Kavveri Defence: Share Acquisition by Upendrakumar Shah HUF
AI Summary
Upendrakumar Narottamdas Shah HUF & PACs acquired 30,00,000 shares (4.99%) of Kavveri Defence & Wireless Technologies Ltd on preferential allotment, as per Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Post-acquisition, Upendrakumar Narottamdas Shah HUF holds 15,00,000 shares, Ronish U Shah HUF holds 15,00,000 shares, Upendrakumar Narottamdas Shah holds 15,00,000 shares and Ronish U Shah holds 15,00,000 shares. The company's equity share capital after acquisition is ₹60,12,42,600 divided into 6,01,24,260 equity shares of ₹10 each.
Key Highlights
- Upendrakumar Narottamdas Shah HUF & PACs acquired 4.99% stake in Kavveri Defence.
- Acquisition made via preferential allotment of 30,00,000 equity shares.
- Post-acquisition, the acquirer group holds a total of 60,00,000 shares.
- Company's equity share capital after acquisition is ₹60,12,42,600.
- Disclosure made under SEBI Takeover Regulations.
Price Impact
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