Krishna Defence and Allied Industries Limited — Important, 25-07-2025: Updates

KRISHNADEF's Board approved converting 3.19 lakh warrants into equity shares through a preferential allotment. This move boosts the company's paid-up equity capital from Rs 14.60 Cr to Rs 14.92 Cr, increasing total shares from 1.46 Cr to 1.49 Cr. The shares were issued at Rs 304 each, bringing in fresh capital and strengthening the balance sheet. This allotment included shares to a promoter, signaling confidence in the company's future.