Kavveri Defence & Wireless Approves 453:1 Samoro Share-Swap Scheme

The Board approved a proposed merger with related-party Samoro Telecoms, subject to shareholder, creditor, stock-exchange and NCLT approvals. Samoro had FY26 assets of ₹29.3 crore, ₹4.7 crore turnover and negative net worth. Kavveri will issue 2.27 crore shares at a 453:1 ratio, raising promoter ownership from 24.56% to 45.20%.