The Exchange had sought clarification from Kavveri Defence & Wireless Technologies Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Financial results submitted is not as per format prescribed by SEBI The response of the Company is enclosed.

Kavveri Defence has responded to NSE's clarification query on its Q4 and FY25 (ended March 31, 2025) financial results. The company said the Audit Committee Chairman's signature was inadvertently omitted from the submitted results, and confirmed the Board meeting concluded at 9:50 PM on May 31, 2025 with results disseminated the same day. The auditor (JK Chopra & Associates) issued a qualified opinion flagging material uncertainty on going concern, as accumulated losses stand at Rs 8,563.45 lakhs and the FY25 net profit of Rs 544.85 lakhs was largely driven by write-backs of loans, provisions, and trade payables rather than core operations. Standalone revenue from operations for FY25 was Rs 1,476.57 lakhs with EPS of Rs 2.71. Additional concerns include non-compliance with Ind AS 19 (no actuarial valuation of gratuity), weak internal financial controls (no fixed asset register), pending income tax disputes of over Rs 21,700 lakhs across multiple assessment years, and statutory dues in arrears including TDS of Rs 1.60 crore.