Krishna Defence Appoints Director, Allots ESOP Shares

Date: 17th June 2026

Mr. Harshadsinh Mahida (DIN: 11760208) appointed as Additional – Whole Time Director effective 17th June 2026
Appointment subject to shareholder approval at 13th Annual General Meeting scheduled for 15th July 2026
Qualifications: Bachelor of Engineering (Mechanical) with over 29 years of experience
Professional background: Managed multi-site operations including Pipes & Tooling, CNC shop, Machine shop, Maintenance, Production Planning & Control. Currently serves as Sr. Manager-(Operation) in Defence Manufacturing Unit of the company
Not related to any existing director
Not debarred from holding director office by SEBI or any other authority

Allotted 14,358 equity shares of face value ₹10 each to Mrs. Sarojini Kadam (registered nominee of Late Mr. Sandeep Ramrao Kadam)
Allotment pursuant to exercise of vested employee stock options under "ESOP 1" scheme
Exercise price: ₹304 per share (₹10 face value + ₹294 premium)
Distinctive share numbers: 14933389 to 14947746
Date of issue: 17th June 2026
Total issued shares after allotment: 1,49,47,746 shares
Total issued share capital after allotment: ₹14,94,77,460
Shares are identical in all respects to existing shares
No lock-in restrictions applicable

Board meeting held on 17th June 2026 from 05:39 p.m. to 05:55 p.m.
Revised AGM notice to include additional agenda item for regularization of Mr. Harshadsinh Mahida as Whole-time Director
AGM date remains unchanged: 15th July 2026
All other contents of AGM notice remain unchanged except inclusion of additional agenda item and corresponding explanatory statement