Krishna Defence and Allied Industries Limited — JV/Acquisition, 12-05-2026: Acquisition

Krishna Defence (KDAIL) has acquired a 46.81% stake in Taharabadkar Solutions (TSPL) for ₹3.99 Cr. TSPL is a promising defence startup focused on designing and manufacturing smart weapons and guided ammunition systems. This strategic investment empowers KDAIL to enhance its product portfolio and technological capabilities in advanced defence solutions. The move signals KDAIL's intent to drive future innovation and co-development within India's growing defence sector.