Karma Energy Limited — Others, 25-10-2024: Appointment

Karma Energy Ltd announced its acquisition of a 100% stake in Bay Wind Projects Private Limited, making it a wholly-owned subsidiary. Additionally, Mr. Hitesh Vrajlal Siraj has been appointed as a Non-Executive Additional Director, pending shareholder approval for regularization. The acquisition aims to diversify operations, with plans for land acquisition for an IT Park/BPO center. Both announcements were approved by the Board of Directors.