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Karnika Industries Withdraws Five AGM Resolutions Including ₹500 Crore Borrowing Power

11 September 2026
Karnika Industries Ltd.

Board on 11 Sep withdrew Resolutions 4-8 from 30 Sep AGM notice – Rs500Cr borrowing limit, asset charge, Rs500Cr Sec186/185 loans and MoA expansion – citing changed strategy; voting continues only for Resolutions 1-3. Context: drops pending leverage and diversification beyond kidswear.

Recent Events

11 September 2026

Karnika Industries Withdraws Five Resolutions Ahead Of ₹500 Crore AGM Vote
8 September 2026

Karnika Industries Seeks Six New Business Verticals And ₹500 Crore Borrowing Powers
8 September 2026

Karnika Industries Seeks Shareholder Approval For ₹500 Crore Borrowing Powers

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