Karnawati Innovation Limited

Board meeting of Board of Directors of the company duly convened and held today i.e Tuesday 04 March 2025 The Board of Directors has inter alia transacted following businessesIssue of equity shares of the Company of face value of Rs. 1 (Rupee One Only) each (Equity Shares) was approved by way of a rights issue for an aggregate amount not exceeding Rs. 49 Crores/- (Rupees Forty Nine Crores Only) (Rights Issue) The Board of Directors at its meeting held today has fixed Saturday March 08 2025 as the record date for the purpose of determining the equity shareholders who shall be entitled to receive the Rights Entitlement in the Rights IssueThe Board of Directors of Company based on the recommendation of the Nomination and Remuneration Committee has appointed Ms. Nidhiben Ravindrakumar Joshi (DIN 10132922) as an Additional Non- Executive Women Independent Director of the Company with effect from 04th March 2025