Submission of Declaration under Regulation 7 (1) (b) of SEBI PIT Regulations 2015
KAVDEFENCE · price
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Kavveri Defence & Wireless Technologies has filed a SEBI-mandated disclosure regarding the appointment of Mr. Ashwin H Kumar as Company Secretary (Key Managerial Personnel), effective June 2, 2025. The filing confirms that Mr. Kumar holds Nil equity shares (0.00%) in the company at the time of his appointment. He also holds no open interest in any derivative contracts (futures or options) of the company. This is a routine compliance filing under SEBI's Prohibition of Insider Trading Regulations requiring disclosure of securities held by newly appointed KMPs.
This is a standard regulatory disclosure with no material impact on shareholders or stock price. It simply confirms that the newly appointed Company Secretary does not hold any stake in the company, ensuring transparency on insider holdings.