Karnika Industries Limited — Others, 18-08-2025: Shareholders meeting

Karnika Industries held an Extra-Ordinary General Meeting to consider several key proposals impacting its financial structure and operations. Shareholders reviewed increasing the company's Authorized Share Capital from Rs. 25 Cr to Rs. 70 Cr. A significant 4:1 bonus share issue was also on the agenda, which could enhance liquidity and shareholder value. The meeting further addressed adjusting managerial remuneration for three key directors to up to Rs. 0.10 Cr each. Additionally, approval was sought for related party transactions with M/s Shree Garments, up to an aggregate value of Rs. 50 Cr, to support ongoing business activities.