Krishna Defence And Allied Industries Limited has informed the Exchange regarding Resignation of Mr PIYUSH HARJIBHAI PATEL as Chief Financial Officer of the company w.e.f. April 07, 2026.
KRISHNADEF · price
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Mr. Piyush Harjibhai Patel has resigned as Chief Financial Officer and Key Managerial Personnel of the company, effective from the closure of business hours of April 7, 2026. The resignation was submitted for personal reasons, as stated in his letter dated April 7, 2026. The company has notified the National Stock Exchange of this resignation under SEBI Listing Regulations. The disclosure was made on April 8, 2026, and the outgoing CFO thanked the board for their support during his tenure.
The departure of the CFO creates a leadership gap in financial management at a defence company, which may raise concerns among investors about financial oversight continuity until a replacement is appointed.