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    ALPHA TRIBE

    Karnika Industries Limited — Board Meeting, 18-06-2026: Outcome of Board Meeting

    18-06-2026 | 04:52 pm

    Karnika Industries' Board approved the preferential allotment of 39.67 lakh convertible warrants at ₹121 each. This move is a fundraising initiative, potentially bringing in approximately ₹48 crore upon full conversion, strengthening the company's capital. Warrants convert to equity within 18 months.

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