Kavveri Defence Shares Surge 5% as Company Expands Bengaluru Facility, Sets Up Next-Gen R&D Centre

Bengaluru, October 10, 2025: Kavveri Defence & Wireless Technologies Limited (BSE: 590041, NSE: KAVDEFENCE) shares experienced a surge of 5% in the Friday trading session to ₹119.71, following the announcement of a significant expansion of its manufacturing capabilities in Bengaluru and the establishment of a next-generation Research & Development Centre.

Established in 1996 and listed since January 29, 2008, Kavveri Defence & Wireless Technologies Ltd. is a Bengaluru-based telecom and defence equipment manufacturer specializing in RF systems, antennas, and wireless communication products for defence, aerospace, and industrial applications. The company remains focused on advancing indigenous technologies and strengthening India’s defence ecosystem.

Expansion Overview

The company will build a new 10,000 sq. ft. manufacturing facility at its existing site in Surajakkanahalli, Bengaluru, with provision for expansion to 50,000 sq. ft. in the future. This move is intended to enhance production efficiency, strengthen supply chain integration, and meet increasing domestic and international customer demand in defence, wireless, and industrial communication areas.

Management Commentary

Mr. Shivakumar Reddy, Managing Director, said: “This expansion at Surajakkanahalli represents an important step forward for the company. It enhances our ability to build more, test faster, and innovate efficiently. The new setup will allow our engineers to innovate in one space while production operates at full scale in another. As our product portfolio grows across defence and wireless communications, creating a larger, more agile production base has become essential. This investment positions Kavveri for its next phase of growth, with a strong focus on technology, quality, and self-reliance.”

Stock Performance Snapshot

Kavveri Defence & Wireless Technologies Ltd shares closed at ₹119.71, up 5% from October 10, 2025. Kavveri Defence & Wireless Technologies Ltd shares have gained 167% over the last 6 months, 26% over the last month, and dipped 9% over the last 5 days.

REF: https://nsearchives.nseindia.com/corporate/KAVVERITEL_09102025134142_Announcement.pdf

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