Announced Wed, 17 Jun · 19:50 IST
Krishna Defence appoints new Whole Time Director, allots ESOP shares
Management Changes View source PDF
KRISHNADEF · price
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Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹1325.20
prior close
₹1339.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3+0.5+0.6+1.1+2.0+4.9-1.2+0.5-3.6-9.7-1.1-1.6——
Up moveDown movePending
AI summary
Board approved 3 items on 17 Jun 2026. (1) Mr. Harshadsinh Mahida appointed as Additional Whole Time Director from 17 Jun, subject to shareholder approval at AGM on 15 Jul. He is internal, currently Sr. Manager Operations with 29 years exp, not related to any director. (2) Allotted 14,358 equity shares at Rs 304 each (face value Rs 10) under ESOP 1 to Mrs. Sarojini Kadam, nominee of late Mr. Sandeep Kadam. Total issued shares now 1.49 crore. (3) AGM notice revised.
Likely market impact
Internal promotion to board strengthens operations leadership. ESOP allotment is minor with slight dilution. Both routine governance actions.