Announced Fri, 27 Mar · 13:17 IST

Krishna Defence And Allied Industries Limited has informed the Exchange regarding Demise of Mr Sandeep Ramrao Kadam, Whole Time Director of the company on March 27, 2026.

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KRISHNADEF · price

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Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹890.00
prior close
₹829.80
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-0.3-0.4-0.1+0.2-9.7-0.2-1.0-0.0-0.1+2.4+19.1+23.0+28.1+41.6
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AI summary

Krishna Defence and Allied Industries Limited has informed the stock exchange about the sad demise of Mr. Sandeep Ramrao Kadam (DIN: 06841164), who served as a Whole-time Director of the company, on March 27, 2026. Mr. Kadam had been associated with the company since 2014 and played a significant role in its growth and development. The board and employees have expressed deep condolences to his family. The disclosure has been made under Regulation 30 of SEBI LODR Regulations, 2015.

Likely market impact

This is a sensitive event, not a business or financial decision. The sudden loss of a long-serving Whole-time Director may raise short-term governance questions about succession planning, but no immediate financial impact on shareholders is indicated from this filing alone.