Krishna Defence and Allied Industries Limited — Others, 09-04-2025: Shareholders meeting

Krishna Defence and Allied Industries Limited has announced a board meeting to seek shareholder approval via postal ballot for migrating from the NSE Emerge platform to the main board of BSE and NSE. This strategic move, aimed at enhancing liquidity and visibility, comes as the company qualifies based on its market capitalization of over ₹25 crore and paid-up equity capital of ₹14.06 crore. Additionally, RAdm Anil Kumar Dutta has been proposed as an independent director, which is expected to add significant experience in the defence sector to the board. This migration could favorably sway investor sentiment by attracting more retail investors and boosting recognition.