Karnika Industries is expanding beyond its core operations by acquiring a 26% stake in RDB Elementa Sports Academy for INR 0.05 Crore in cash.

This strategic move marks the company’s official entry into the high-growth sports, recreational, fitness, and entertainment sector.

By securing this significant minority stake, Karnika is diversifying its business portfolio to capture new revenue streams in the lifestyle and wellness space.

This calculated diversification provides retail investors a fresh avenue for growth outside traditional segments, positioning the firm to tap into rising consumer spending on fitness and recreation.