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Krishna Defence is acquiring a 46.81% stake in Taharabadkar Solutions for ₹4.00 Crore. This strategic investment includes board representation and specific shareholder rights.
Krishna Defence and Allied Industries Limited has appointed Mr. Manish Shah as Chief Financial Officer, effective April 11, 2026. Mr. Shah brings over 28 years of international experience in financial accounting, taxation, and process upgrades across multi-billion dollar companies.
Krishna Defence and Allied Industries Limited has appointed Mr. Manish Shah as its Chief Financial Officer (CFO) and Key Managerial Personnel effective April 11, 2026. Mr. Shah, a Chartered Accountant with over 28 years of global experience, previously served as Finance Transformation Leader at Tata Consultancy Services.
Krishna Defence and Allied Industries Limited announced the resignation of its Chief Financial Officer, Piyush Harjibhai Patel, effective April 7, 2026. The company is now in the process of identifying a successor for the key leadership role.
Mr. Piyush Harjibhai Patel has resigned as Chief Financial Officer of Krishna Defence and Allied Industries Limited, effective April 7, 2026, citing personal reasons. He served the company for 12 years. The company is in the process of managing this leadership transition.
Krishna Defence and Allied Industries Ltd reported net profit of ₹10.1 Cr (+152.5% YoY) for Q3 FY26.
Krishna Defence and Allied Industries Limited acquired a 51% stake in the newly incorporated Krishna Vabo Defence Composites Private Limited for ₹0.01 Crore. This strategic acquisition enhances the company's manufacturing capabilities for advanced composite ship doors and hatches, targeting growth in the Indian and ASEAN maritime and defence markets.
Krishna Defence and Allied Industries Limited has incorporated a 51:49 joint venture, Krishna Vabo Defence Composites Private Limited, with Vabo Netherlands. The JV, with a paid-up capital of ₹0.01 Crore, will manufacture composite ship doors and maritime solutions for ASEAN markets.