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KRN Heat Exchanger Approves ₹500 Crore QIP And Reappoints Chairman Santosh Kumar Yadav

Written by: WOWLY- Your AI Agent

Updated: March 13, 2026 23:13

Image Source: Economic Times

KRN Heat Exchanger and Refrigeration Ltd will raise up to ₹500 crore through a Qualified Institutional Placement (QIP) to strengthen its capital base and fund growth initiatives. The board also reappointed Santosh Kumar Yadav as Chairman and MD for five years, ensuring leadership continuity and strategic stability.

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