Karma Energy Limited — Others, 25-02-2025: Shareholders meeting

Karma Energy Limited has announced a board meeting to obtain shareholder approval for proposed material related party transactions with Tapi Energy Projects Limited and Windia Infrastructure Finance Limited, each not exceeding ₹100 Crore. These transactions involve intercorporate deposits, expected to be beneficial for managing working capital needs and generating interest income. The e-voting period begins on February 27, 2025, and runs until March 28, 2025. This move highlights the company's strategic intent to strengthen liquidity and operational efficiency, suggesting a positive outlook for shareholders.