Reply to Clarification- Financial results

Date:- 17.06.2026 National Stock Exchange of India Limited Exchange Plaza, 5th Floor Plot No. C/1, G Block Bandra Kurla Complex Mumbai-400051 Symbol: - KRISHNADEF ISIN: - INE0J5601015 Sub: Reply to Clarification on Outcome of Board Meeting - Financial Results Dear Sir / Madam, We would like to inform you that while submitting the Board Meeting Outcome for Financial Results on 20th May 2026 at 19:03 hours, the declaration pertaining to the unmodified audit opinion, duly signed by the Chief Financial Officer (CFO), was inadvertently omitted from the attachments. The same was subsequently rectified by submitting a revised outcome on 20th May, 2026 at 22:03 hrs under the “Corporate Announcement – Updates” section, which included the duly signed CFO declaration. The same is hosted on National Stock Exchange (NSE) portal on: https://nsearchives.nseindia.com/corporate/KRISHNA_20052026220232_BMOUTCOMErevised.pdf The revised outcome and NSE acknowledgement are enclosed for your reference. In light of the above, request you take the above clarification on records. Thanks & Regards, For and on behalf of Krishna Defence and Allied Industries Limited Gunjan Bhagtani Company Secretary & Compliance Officer Membership No. A66343 Date of 20-May-2026 NSE Acknowledgement Symbol:- KRISHNADEF Name of the Company: - Krishna Defence And Allied Industries Limited Submission Type:- Announcement Short Description:- Updates Date of Submission:- 20-May-2026 22:03:22 NEAPS App. No:- 2026/May/364720/18383 Disclaimer : We hereby acknowledge receipt of your submission through NEAPS. Please note that the content and information provided is pending to be verified by NSEIL. Date:- 20.05.2026 National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex Bandra (East), Mumbai - 400 051 Symbol: - KRISHNADEF ISIN: - INE0J5601015 Subject.: Outcome of Board Meeting held on 20th May, 2026. Dear Sir, Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements), 2015, we wish to inform you that the Board of Directors of the Company in their meeting held today i.e. Wednesday, 20th May 2026, approved the following businesses inter-alia: 1. Financial Results a) Audited Standalone & Consolidated Financial Results of the Company for the quarter and financial year ended on 31st March 2026 along with Independent Auditors Report of the auditors for the corresponding period. 2. Declaration of Final Dividend for the financial year ended 31st March 2026 b) The Board recommended final dividend of Rs. 1.25 /- per equity share of Rs. 10 each (12.5%) for the financial year 2025-26, for shareholders’ approval at the ensuing annual general meeting of the Company. 3. Notice of Annual General Meeting (AGM) c) The Board of Directors approved the Notice convening the 13th Annual General Meeting of the Company to be held on Wednesday, 15th July, 2026 at 11:00 A.M. through Video Conferencing. 4. Appointment of Cost Auditor d) The Board of Directors approved the appointment of M/s Zarna Thakar Associates, Cost Accountants, as Cost Auditor of the Company for the financial year 2026–27, subject to ratification of remuneration by shareholders. The details as required under Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosures Requirement) Regulation, 2015 are enclosed as “Annexure A”. 5. Appointment of Internal Auditor e) The Board of Directors approved the appointment of M/s Niket Shah & Associates, Internal Auditors, as Internal Auditor of the Company for the financial year 2026–27. The details as required under Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosures Requirement) Regulation, 2015 are enclosed as “Annexure A”. 6. Re-appointment of Independent Director f) The Board of Directors approved the re-appointment of Mr. Jaykumar Toshniwal (DIN: 00609542), as an Independent Director of the Company for a second term of 5 consecutive years, effective from 23rd August 2026, subject to approval of shareholders. The details as required under Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosures Requirement) Regulation, 2015 are enclosed as “Annexure B”. 7. Re-appointment of Independent Director g) The Board of Directors approved the re-appointment of Mr. Divyakant Zaveri (DIN: 01382184), as an Independent Director of the Company for a second term of 5 consecutive years, effective from 23rd August 2026, subject to approval of shareholders. The details as required under Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosures Requirement) Regulation, 2015 are enclosed as “Annexure C”. The meeting started at 03:00 p.m. and concluded at 6:00 p.m. We hereby request you to take the above information on your record. Thanking you, Yours faithfully For KRISHNA DEFENCE AND ALLIED INDUSTRIES LIMITED, ANKUR ASHWIN SHAH Managing Director DIN: 01166537 Encl:- As above Disclosure required under Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026, are as under: Annexure- A Particulars Details Details Name M/S. Zarna Thakkar & Associates Niket Shah & Associates Reason for change viz. Appointment Appointment appointment, re-appointment, resignation, removal, death or otherwise Date of appointment/ re- 20-05-2026 20-05-2026 appointment/ cessation (as applicable) & term of appointment/re-appointment Brief profile (in case of Cost and Management Accountant Niket Shah & Associates is appointment) with 10+ years of experience in Cost a Chartered Accountants Audit, Product Costing, Designing Firm with over ten years of Costing system and Corporate experience in the field of Management Service (MIS and Income Tax, Statutory Audit Internal Controlling). Zarna Thakar and GST. & Associates have Carried out cost The firm is also empanelled audit for 100+ companies with with Schedule Banks for clients across various industries like statutory audit and has wide chemical, pharmaceuticals, range experience. engineering, textile, mining, plastic etc. Disclosure of relationships N.A. N.A. between directors (in case of appointment of a director) Annexure- B Particulars Details Name Mr. Jaykumar Toshniwal (DIN: 00609542) Reason for change viz. appointment, re- Re-Appointment appointment, resignation, removal, death or otherwise Date of appointment/ re-appointment/ cessation Effective date from 23rd August, 2026 subject to (as applicable) & term of appointment/re- shareholders approval in ensuing Annual appointment General Meeting. Brief profile (in case of appointment) He is a Master of Commerce, a Chartered Accountant and holds a Post Graduate Degree in Management from IIM, Ahmedabad. He is active in Indian capital markets since 35 years. He possesses rich experience in finance and capital markets. He was appointed as Independent Director vide EGM held on September 02, 2021. Mr. Toshniwal is eligible for re-appointment as an Independent Director for a second term of 5 years and the Board at its meeting held on 20th May, 2026 has recommended the re- appointment of Mr. Toshniwal to the Shareholders of the Company. Disclosure of relationships between directors (in As Mr. Jaykumar Toshniwal is an Independent case of appointment of a director) Director of the Company, no relation exists between directors. Information as required pursuant to BSE Circular Mr. Jaykumar Toshniwal is not debarred from with ref. no. LIST/COMP/14/2018-19 and the holding the office of director by virtue of any SEBI National Stock Exchange of India Limited order or any other such authority. Circular with ref. no. NSE/CML/2018/ 24, both dated 20 June 2018 Annexure- C Particulars Details Name Mr. Divyakant Zaveri (DIN: 01382184) Reason for change viz. appointment, re- Re-Appointment appointment, resignation, removal, death or otherwise Date of appointment/ re-appointment/ cessation Effective date from 23rd August, 2026 subject to (as applicable) & term of appointment/ [Showing first 8,000 characters — download PDF for full document]