Krishna Defence and Allied Industries logo

Krishna Defence and Allied Industries MD, chairman, board of directors and AGM

NSE: KRISHNADEFAerospace & DefenseSmall Cap

Last close ₹1,121.80up ₹27.60 (2.52%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,094.20.

52-week range of traded prices to 23 Oct 2026
₹665.00Low, 18 Dec 2025₹1,400.00High, 22 Jun 2026
Market cap
₹1,677 Cr1,269th largest listed
P/E
No recent results
P/B
No recent results
Dividend yield
0.11%
Volume, NSE
1,52,77143.4% delivered

Krishna Defence and Allied Industries board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Managing directorAnkur Ashwin Shah
  • ChairpersonPreyal Ankur Shah

6 directors3 independent2 executive1 non-executive

  • Ankur Ashwin Shah · Managing directorExecutive · joined Sep 2013 · reappointed Apr 2026 · 1 listed board · 1 committee seat
  • Preyal Ankur Shah · ChairpersonNon-executive · joined Oct 2014 · 1 listed board
  • Jaykumar ToshniwalIndependent · joined Aug 2021 · 58 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Divyakant Ramniklal ZaveriIndependent · joined Aug 2021 · 58 months as independent · 3 listed boards · 3 as independent · 3 committee seats, 3 as chair
  • Anil Kumar DuttaIndependent · joined Mar 2025 · 15 months as independent · 1 listed board · 1 as independent
  • Harshadsinh MahidaExecutive · joined Jun 2026 · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • Sandeep Ramrao Kadam, left 27 Mar 2026: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 17 Jun 20266 of 6 present3 independent · 27 days in between
    • 20 May 20265 of 5 present3 independent · 38 days in between
    • 11 Apr 20265 of 5 present3 independent · 11 days in between
    • 30 Mar 20265 of 5 present3 independent · 43 days in between
    1 earlier meeting
    • 14 Feb 20266 of 6 present3 independent

  • Audit Committee

    Chair Divyakant Ramniklal Zaveri

    Jaykumar Toshniwal, Ankur Ashwin Shah

    • 17 Jun 20263 of 3 present2 independent
    • 20 May 20263 of 3 present2 independent
    • 11 Apr 20263 of 3 present2 independent · 11 days in between
    • 30 Mar 20263 of 3 present2 independent
    1 earlier meeting
    • 14 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Jaykumar Toshniwal

    Divyakant Ramniklal Zaveri, Preyal Ankur Shah

    • 17 Jun 20263 of 3 present2 independent
    • 20 May 20263 of 3 present2 independent
    • 11 Apr 20263 of 3 present2 independent
    • 30 Mar 20263 of 3 present2 independent
    1 earlier meeting
    • 14 Feb 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Jaykumar Toshniwal

    Divyakant Ramniklal Zaveri, Ankur Ashwin Shah

    • 30 Mar 20262 of 2 present2 independent · 43 days in between

  • Corporate Social Responsibility Committee

    Chair Ankur Ashwin Shah

    Divyakant Ramniklal Zaveri, Preyal Ankur Shah

    • 20 May 20263 of 3 present2 independent · 38 days in between

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • CNK & ASSOCIATESPeer-review certificate valid to Jul 2027
1 earlier auditor
  • CNK & Associates LLPNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Krishna Defence and Allied Industries AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Krishna Defence and Allied Industries dividend history

Annual general meeting, 15 Jul 2026

23,350 shareholders on the register on 8 Jul 2026; present: 6 promoters and 30 others; votes counted by Ms. Prerna Bokil / M/s. Prerna Bokil & Associates.The company's voting result (opens in a new tab)

  1. Adoption of audited financial statements for the year ended on 31st March, 2026 and the Directors’ and the Auditors’ Report thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.54% · promoters 100.00% · institutions 60.75% · other public 7.13%

  2. Appointment of Mrs. Preyal Ankur Shah (DIN: 06966962) as Director liable to retire by rotation
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 26.49% · promoters 36.51% · institutions 60.75% · other public 7.13%

  3. To declare the Final Dividend of 12.5% of paid-up value per equity share for the year ended March 31, 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.54% · promoters 100.00% · institutions 60.75% · other public 7.13%

  4. RATIFICATION OF REMUNERATION OF COST AUDITORS
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.54% · promoters 100.00% · institutions 60.75% · other public 7.13%

  5. APPOINTMENT OF SECRETARIAL AUDITORS
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.54% · promoters 100.00% · institutions 60.75% · other public 7.13%

  6. TO APPOINT CNK & ASSOCIATES AS STATUTORY AUDITORS OF THE COMPANY
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.54% · promoters 100.00% · institutions 60.75% · other public 7.13%

  7. RE-APPOINTMENT OF MR. ANKUR ASHWIN SHAH, MANAGING DIRECTOR
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 26.49% · promoters 36.51% · institutions 60.75% · other public 7.13%

  8. TO APPROVE CONTINUATION OF DIRECTORSHIP OF Mr. DIVYAKANT ZAVERI (DIN: 01382184), INDEPENDENT DIRECTOR IN TERMS OF REGULATION 17(1A) OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS), REGULATIONS, 2015.MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.54% · promoters 100.00% · institutions 60.75% · other public 7.13%

  9. RE-APPOINTMENT OF MR. DIVYANKAT ZAVERI AS AN INDEPENDENT DIRECTOR
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.54% · promoters 100.00% · institutions 60.75% · other public 7.13%

  10. RE-APPOINTMENT OF MR. JAYKUMAR TOSHNIWAL AS AN INDEPENDENT DIRECTOR
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.54% · promoters 100.00% · institutions 60.75% · other public 7.13%

  11. CHANGE IN OBJECT CLAUSE OF MEMORANDUM OF ASSOCIATION OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.54% · promoters 100.00% · institutions 60.75% · other public 7.13%

  12. ALTERATION IN ANCILLARY OBJECTS OF MEMORANDUM OF ASSOCIATION OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.54% · promoters 100.00% · institutions 60.75% · other public 7.13%

  13. ALTERATION IN ARTICLES OF ASSOCIATION OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.54% · promoters 100.00% · institutions 60.75% · other public 7.13%

  14. PAYMENT OF COMMISSION TO NON-EXECUTIVE DIRECTORS OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.54% · promoters 100.00% · institutions 60.75% · other public 7.13%

  15. TO AMEND / VARY CLAUE 8.3 OF ESOP SCHEME
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.54% · promoters 100.00% · institutions 60.75% · other public 7.13%

  16. TO AUTHORISE THE BOARD OF DIRECTORS FOR BORROWINGS
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.54% · promoters 100.00% · institutions 60.75% · other public 7.13%

  17. TO APPOINT MR. HARSHADSINH MAHIDA AS A WHOLE TIME DIRECTOR
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.54% · promoters 100.00% · institutions 60.75% · other public 7.13%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 19 Sep 2025, 6 resolutions

4,687 shareholders on the register on 12 Sep 2025; present: 4 promoters and 27 others; votes counted by RUCHITA TUSHAR PATEL / DRP & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Adoption of audited financial statements for the year ended on 31st March, 2025 and the Directors’ and the Auditors’ Report thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.91% · promoters 97.76% · institutions 14.26% · other public 7.95%

  2. Appointment of Mrs. Preyal Ankur Shah (DIN: 06966962) as Director liable to retire by rotation
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 59.65% · promoters 94.01% · institutions 14.26% · other public 7.95%

  3. To declare the final dividend of Rs. 0.5/- per equity share for the year ended 31st March,2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.91% · promoters 97.76% · institutions 14.26% · other public 7.95%

  4. To ratify remuneration of M/s. Y.S. Thakar & Co., Cost Accountants in Practice appointed as Cost Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.91% · promoters 97.76% · institutions 14.26% · other public 7.95%

  5. To appoint M/s. DRP & Associates, Company Secretaries as the Secretarial Auditor of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 61.91% · promoters 97.76% · institutions 14.26% · other public 7.95%

  6. To fix remuneration of Mr. Ankur Ashwin Shah (DIN: 01166537), Managing Director of the Company.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 26.69% · promoters 39.09% · institutions 14.26% · other public 7.95%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 9 May 2025, 2 resolutions

4,206 shareholders on the register on 4 Apr 2025; votes counted by Ruchita Patel / DRP & Associates.The company's voting result (opens in a new tab)

  1. Resolution 1 :MIGRATION OF THE EQUITY SHARES OF THE COMPANY FROM NSE EMERGE PLATFORM TO THE MAIN BOARD OF BSE AND NSE.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.14%

    Turnout: all 63.51% · promoters 100.00% · institutions 0.00% · other public 3.31%

  2. Resolution 2 :APPOINTMENT OF RAdm ANIL KUMAR DUTTA (Retd, IN) (DIN: 10993940) AS A DIRECTOR AND AS AN INDEPENDENT DIRECTOR
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.14%

    Turnout: all 63.51% · promoters 100.00% · institutions 0.00% · other public 3.31%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 13 Aug 2024, 8 resolutions

Present: 5 promoters and 16 others.The company's voting result (opens in a new tab)

  1. ADOPTION OF THE AUDITED FINANCIAL STATEMENTS AS AT 31ST MARCH, 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 65.69% · promoters 100.00% · institutions 0.00% · other public 9.09%

  2. RE-APPOINTMENT OF MS. PREYAL ANKUR SHAH, DIRECTOR RETIRING BY ROTATION
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 65.69% · promoters 100.00% · institutions 0.00% · other public 9.09%

  3. RATIFICATION OF REMUNERATION OF COST AUDITORS
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 65.69% · promoters 100.00% · institutions 0.00% · other public 9.08%

  4. APPOINTMENT OF MR. SANDEEP RAMRAO KADAM AS WHOLE-TIME DIRECTOR
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 65.69% · promoters 100.00% · institutions 0.00% · other public 9.09%

  5. PAYMENT OF REMUNERATION TO MR.ANKUR ASHWIN SHAH, MANAGING DIRECTOR
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 65.69% · promoters 100.00% · institutions 0.00% · other public 9.08%

  6. INCREASE IN AUTHORIZED SHARE CAPITAL AND CONSEQUENT ALTERATION TO THE CAPITAL CLAUSE OF THE MEMORANDUM OF ASSOCIATION
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 65.69% · promoters 100.00% · institutions 0.00% · other public 9.09%

  7. TO APPROVE EMPLOYEE STOCK OPTION PLAN (ESOP - I)
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 65.69% · promoters 100.00% · institutions 0.00% · other public 9.09%

  8. TO APPROVE THE GRANT OF EMPLOYEE STOCK OPTIONS UNDER THE ‘EMPLOYEE STOCK OPTION PLAN 1’ TO THE ELIGIBLE EMPLOYEES OFnTHE COMPANY’S SUBSIDIARY AND / OR ASSOCIATE COMPANIES
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 65.69% · promoters 100.00% · institutions 0.00% · other public 9.09%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 8 Jan 2024, 3 resolutions

Present: 6 promoters and 12 others.The company's voting result (opens in a new tab)

  1. To consider and approve Issuance of Convertible Equity Warrants on Preferential Basis.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 71.39% · promoters 100.00% · institutions 0.00% · other public 9.68%

  2. To consider and approve Issuance of Equity Shares on Preferential Basis
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 71.39% · promoters 100.00% · institutions 0.00% · other public 9.68%

  3. Alteration in Articles of Association of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 71.39% · promoters 100.00% · institutions 0.00% · other public 9.68%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2023, 2 resolutions

Present: 4 promoters and 8 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements as at 31st March, 2023:
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 62.66% · promoters 83.00% · institutions 0.00% · other public 6.69%

  2. Re-Appointment of Director:
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 62.66% · promoters 83.00% · institutions 0.00% · other public 6.69%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 30 Jan 2023, 2 resolutions

Present: 4 promoters and 9 others.The company's voting result (opens in a new tab)

  1. Increase in Authorized Share Capital and consequent alteration to the Capital Clause of thenMemorandum of Association
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 62.68% · promoters 83.00% · institutions 0.00% · other public 6.69%

  2. Issuance of Convertible Equity Warrants on Preferential Basis
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 62.68% · promoters 83.00% · institutions 0.00% · other public 6.69%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 28 Sep 2022, 6 resolutions

Present: 4 promoters and 5 others.The company's voting result (opens in a new tab)

  1. ADOPTION OF THE AUDITED FINANCIAL STATEMENTS AS AT 31st MARCH, 2022
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 62.76% · promoters 83.00% · institutions 0.00% · other public 7.02%

  2. : Appointment of Mr. Sandeep Kadam (DIN: 06841164) as a Director liable to retire by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 62.76% · promoters 83.00% · institutions 0.00% · other public 7.02%

  3. :TO AUTHORIZE BOARD OF DIRECTORS TO SELL, LEASE OR OTHERWISE DISPOSE OF UNDERTAKINGnOF THE COMPANY
    Special
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.82%

    Turnout: all 62.76% · promoters 83.00% · institutions 0.00% · other public 7.02%

  4. TO AUTHORIZE BOARD OF DIRECTORS FOR BORROWINGS:
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 62.76% · promoters 83.00% · institutions 0.00% · other public 7.02%

  5. AUTHORIZATION FOR MAKING LOANS, GIVING GUARANTEES AND MAKING INVESTMENTS IN OTHERnBODIES CORPORATE:
    Special
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.82%

    Turnout: all 62.76% · promoters 83.00% · institutions 0.00% · other public 7.02%

  6. RATIFICATION OF APPOINTMENT OF INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.82%

    Turnout: all 62.76% · promoters 83.00% · institutions 0.00% · other public 7.02%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Sep 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesJun 202512.33––No
Preferential IssuesJul 20257.27––No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.