Karnika Industries Ltd has taken a significant step forward in its growth journey, with the Board of Directors approving an increase in the company’s Authorised Share Capital from ₹25 crore to ₹70 crore, subject to shareholder approval at the upcoming Extra-Ordinary General Meeting.
In a move that reflects both confidence in the future and deep gratitude to its shareholders, the Board has also proposed a 4:1 bonus issue -four fully paid equity shares for every one existing share held. This bonus, valued at ₹49.59 crore, will be issued from the company’s Free Reserves and Securities Premium Account as of March 31, 2025. The shares are expected to be credited within two months from the date of Board approval, pending necessary approvals.
Since its inception in 2017, Karnika Industries has grown into a trusted name in the kidswear segment, offering a diverse product range under the Karnika brand and its sub-brands. This milestone reflects the company’s unwavering commitment to scale sustainably while delivering consistent value.
With a market cap of over ₹800 crore, a strong FY25 performance (₹173 crore in net sales and ₹18 crore in net profit), and a robust 3-year ROE of 31.3%, Karnika continues to attract investor confidence. The recent 7.5% rise in share price and over 200% return from its 52-week low reflect the same.
This bonus issue isn’t just a financial move – it’s a reaffirmation of trust, a reward for belief, and a signal of what lies ahead.
Karnika is growing – and it’s bringing its investors along for the journey.
