Karnika Industries Management Change
Karnika Industries Limited informed the Exchange of the resignation of Ms. Muskan Bubna, Company Secretary and Compliance Officer, effective from October 14, 2026.
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Karnika Industries Limited informed the Exchange of the resignation of Ms. Muskan Bubna, Company Secretary and Compliance Officer, effective from October 14, 2026.
Karnika Industries Limited has issued the Notice for its Annual General Meeting scheduled for 30-Sep-2026. The meeting will address financial adoption, director re-appointment, and borrowing approvals.
Karnika Industries held a board meeting approving the Directors' Report, AGM notice, and various borrowing and investment limits of Rs. 500 Crores each.
Karnika Industries acquired a 26% stake in RDB Elementa Sports Academy Private Limited for Rs. 5.20 Lakhs to enter the sports and recreation industry.
Karnika Industries acquired a 40% stake in Elementa Lifespaces Private Limited for ₹2 Crore to enter the real estate sector.
Karnika reported strong Q1FY27 performance with triple-digit YoY growth in revenue and PAT, driven by its integrated kidswear platform and asset-light model.
Karnika Industries Ltd reported revenue from operations of ₹59.8 Cr (+79.6% YoY) and net profit of ₹7.4 Cr (+138.7% YoY) for Q1 FY27.
Karnika Industries will hold a board meeting on July 4, 2026. The agenda includes reviewing quarterly standalone and consolidated financial results.
Karnika Industries appointed Mr. Ajay Mundhra as Internal Auditor for a twelve-month term. This board-approved appointment ensures continued regulatory compliance and internal audit oversight.
Karnika Industries delivered record FY26 results with Revenue up 44% to ₹248cr and PAT up 57% to ₹28cr, driven by Kidcity integration and distribution expansion.
Karnika Industries delivered strong FY26 performance with 44% revenue growth, though Q4 margins faced pressure from KidCity consolidation and raw material costs. Management remains highly optimistic about retail expansion through an asset-light model.
Karnika Industries delivered robust FY26 performance with 44% YoY revenue growth, driven by its asset-light kidswear model and multi-channel expansion.
Karnika Industries Ltd reported revenue from operations of ₹71.7 Cr and net profit of ₹9.3 Cr for Q4 FY26.
Karnika Industries Limited reported annual consolidated total income of ₹257.17 Crore for FY 2025-26. The board approved these audited results and confirmed full IPO proceed utilization.
Karnika Industries Limited appointed GoIndia Advisors LLP as its Investor and Public Relations agency. The transition follows the resignation of EquiBridgeX Advisors Private Limited.
Karnika Industries announced voting results for its EGM held on May 11, 2026. All special resolutions were passed with requisite majority through remote and venue e-voting.
Karnika Industries Limited conducted an EGM to approve Articles of Association alterations and issuance of convertible warrants. Shareholders also approved appointing Mr. Yash Jhawar as Independent Director.
Karnika Industries scheduled a board meeting for May 16, 2026, to approve audited annual financial results. The trading window remains closed until June 3, 2026.
Karnika Industries Limited issued a third corrigendum to its EGM notice scheduled for May 11, 2026. The amendment rectifies weblinks for the Valuation Report and PCS Certificate in the Explanatory Statement. All other EGM details remain unchanged, and shareholders who already voted may submit observations to the Company Secretary within 48 hours.
Karnika Industries Limited issued a corrigendum for a preferential issue of 39,66,860 convertible warrants to raise approximately ₹47.99 Crore. Warrants are priced at ₹121 each and are convertible into equity shares within 18 months. The proceeds will fund working capital and general corporate purposes.
Karnika Industries Limited issued a corrigendum for its proposed preferential issue of 39,66,860 convertible warrants to raise approximately ₹47.99 Crore. The warrants, priced at ₹121 each, are primarily for working capital and general corporate purposes. The issuance targets promoters and select investors to support business growth and financial stability.
Karnika Industries Limited has convened an EGM for May 11, 2026, to approve raising ₹47.99 Crore through the preferential issuance of 39,66,860 convertible warrants at ₹121 each. The funds will support working capital, debt repayment, and general corporate purposes. The move aims to strengthen the company's financial position and fund future growth opportunities.
Karnika Industries Limited has convened an EGM on May 11, 2026, to approve a ₹47.99 Crore fundraise through the preferential issuance of 39,66,860 convertible warrants at ₹121 each. Other agendas include altering the Articles of Association to enable warrant issuances and appointing Yash Jhawar as an Independent Director for a five-year term.
Karnika Industries Limited approved the preferential issuance of 3,966,860 convertible warrants at ₹121 per warrant, totaling ₹47.99 Crore. The warrants, issued to 14 investors including promoters, must be converted into equity shares within 18 months. This capital infusion will increase the paid-up share capital to approximately 6.59 Crore shares upon full conversion.
Karnika Industries Limited has approved a preferential issuance of up to 39,66,860 convertible warrants at Rs. 121 per warrant, aggregating Rs. 47.99 Crore. The issue targets both promoter and non-promoter groups. Warrants are convertible into equity shares within 18 months, subject to shareholder approval at an EGM scheduled for May 11, 2026.
Karnika Industries Limited has rescheduled its board meeting to April 11, 2026, due to technical reasons. The board will consider a proposal for fund raising through a preferential issue. The company's trading window remains closed until June 3, 2026, in connection with these developments.