Kavveri Defence & Wireless Technologies Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/03/2026 ,inter alia, to consider and approve 1. ....
KAVDEFENCE · price
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Kavveri Defence & Wireless Technologies has informed the stock exchanges about a board meeting scheduled for March 5, 2026. The main item on the agenda is to consider and approve the conversion of warrants into equity share capital and the allotment of equity shares to eligible warrant holders. Any other business with the Chair's permission may also be taken up. The company is listed on both BSE (Scrip Code: 590041) and NSE (Symbol: KAVDEFENCE).
Warrant conversion into equity will increase the company's outstanding share count, which may lead to dilution for existing shareholders. Investors should watch for the board's decision and any associated terms of allotment.