Karma Energy Limited — Board Meeting, 25-10-2024: Outcome of Board Meeting

Karma Energy Limited announced the acquisition of a 100% stake in Bay Wind Projects Private Limited, making it a wholly-owned subsidiary. The company also appointed Mr. Hitesh Vrajlal Siraj as a Non-Executive Additional Director, with his role subject to shareholder approval at the next General Meeting. This acquisition aims to diversify business interests and is expected to be completed by December 31, 2024.