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Incorporated in 2017, Karnika Industries Limited, previously known as Karni International, manufactures and exports garments in India.
Karnika Industries has withdrawn multiple resolutions from its upcoming AGM notice, including proposals for increased borrowing limits up to Rs. 500 Cr, asset charges, higher loan/investment ceilings, and alterations to the main object clause, citing changing strategic business requirements.
Karnika Industries has appointed GoIndia Advisors LLP as its new Investor and Public Relations Agency, replacing EquiBridgeX Advisors Private Limited. This shift impacts the company's investor communication and outreach strategy.
Karnika Industries announced strong Q3 & 9M FY26 results. Q3 standalone net profit surged 346% YoY to ₹6.29 Cr on ₹60.92 Cr income (up 298%). Operational efficiency and sustained demand drove profitability. The company focuses on expanding capabilities and market presence.
Karnika Industries has announced a board meeting on February 14, 2026, to consider and approve the financial results for the quarter ended December 31, 2025. Trading window is closed for insiders.
Karnika Industries acquired 75% equity in Kidcity Solutions Private Limited, entering the retail sector. This strategic investment aims to enhance the company's revenue.