Krishna Defence and Allied Industries Limited
Incorporated in 1996, Krishna Defence and Allied Industries Limited develop, manufactures, and designs Defence Application Products, Kitchen, and Dairy Equipment Products and has two manufacturing plants located in Gujarat, Kalol, and Halol district near Vadodara.
What Krishna files
- Others45
- Investor Meet24
- Updates12
- Important11
- JV/Acquisition5
- Board Meeting5
KRISHNADEF shareholders approved a 12.5% final dividend. Major business expansion ahead, with the company's object clause updated to aggressively pursue advanced manufacturing in Defense, Aerospace, Homeland Security, Dairy, and special metals. Leadership team strengthened with new director appointments.
Krishna Defence (KDAIL) acquired a 46.81% stake in Taharabadkar Solutions (TSPL) via a Shareholders Agreement. KDAIL gains a board seat, ROFR, and Drag Along rights, acquiring 8,800 shares at Rs. 4,546 each. This deepens KDAIL's strategic investment.
Board approved Q3 financial results. Company allotted 13,166 ESOP shares at Rs. 304 each. It also greenlit a Rs. 51,000 investment in a new Joint Venture with VABO Composites B.V. Managing Director Mr. Ankur Ashwin Shah was re-appointed for another five-year term, effective April 1, 2026, pending shareholder approval.
Krishna Defence (KDAIL) and VABO Composites (Netherlands) have formalized a Joint Venture to manufacture advanced composite solutions for defence & maritime in India. KDAIL holds 51% in the JV, with an initial capital of 0.01 Cr. This collaboration enhances product offerings and market reach.
Krishna Defence, an SME-listed entity, filed its Compliance Audit Report. It confirmed exemption from certain corporate governance requirements. The filing serves purely informational purposes, reflecting its tailored compliance structure.