Kavveri Defence Approves Samoro Merger, Promoter Holding Set For 45.20%

Board approved amalgamation of Samoro Telecoms with Kavveri at a 453:1 share-exchange ratio, subject to shareholder, creditor, stock-exchange and NCLT approvals. Related-party merger with common promoters consolidates complementary telecom, defence, aerospace and space businesses; Samoro reported negative net worth as of March 2026. Post-scheme shares rise to 8.28Cr from 6.01Cr and promoter holding to 45.20% from 24.56%; valuation, fairness opinion and approvals remain subject to scrutiny.