Krishna Defence And Allied Industries Limited
360 ONE AIF bought 4,41,646 shares of Krishna Defence And Allied Industries Limited for ₹53.15 Cr at ₹1203.47 apiece in a bulk deal.
A defence and aerospace manufacturer incorporated in 1997, Krishna Defence and Allied Industries designs, develops, and produces specialized equipment for the Indian armed forces, security agencies, and industrial sectors. The company operates across defence, security, and dairy segments, offering customized solutions including components and systems for military applications. Its vertically integrated operations enable end-to-end design, development, and manufacturing capabilities across multiple defence verticals and related industries.
360 ONE AIF is the alternative investments arm of 360 ONE Asset Management, formerly IIFL Asset Management, part of the 360 ONE group. It manages alternative investment funds spanning listed equity, private equity and private credit strategies for sophisticated and institutional investors, led by chief investment officer Anup Maheshwari.