Announced Fri, 5 Jun, 2026 · 17:24 IST

Intimation of Cancellation of Board meeting scheduled to be held on today i.e. 05th June, 2026

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Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-4.4%Reaction day

₹1.37

prior close

₹1.40

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.0%-2.4% vs market

Packaging peers, median of 63sector-1.2%-3.2% vs sector

On the reaction day the stock moved 2.4 pts less than Nifty Microcap 250 and 3.2 pts less than its Packaging peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.1

10m

+2.1

15m

+2.1

30m

+2.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.4-2.0-2.4-1.2-3.2

Next day

-8.8-0.1-8.6-0.3-8.5

-4.4-1.6-2.8-1.2-3.2

+0.0-2.7+2.7-2.4+2.4

+2.2+0.3+1.9-1.8+4.0

-1.5+2.0-3.5-0.9-0.6

-0.7+3.7-4.5+0.8-1.6

15d

-5.1+5.2-10.3+1.8-6.9

-11.7+3.3-15.0-0.5-11.1

-13.1+9.0-22.1+1.7-14.8

-8.8+11.8-20.6+9.5-18.3

UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 63Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Karnawati Innovation Ltd has cancelled the Board Meeting that was originally scheduled for 05 June 2026 to approve the audited financial results for the quarter and financial year ended 31 March 2026. The company stated the cancellation was due to the statutory audit process still being in progress and the financial results not yet being finalized. The company has committed to informing the stock exchange of a revised Board Meeting date within the timelines prescribed under SEBI's Listing Regulations. The Managing Director, Ravikumar Kirtibhai Patel, signed the intimation filed with BSE.

Likely market impact

This is a mild negative signal as delayed audited results create uncertainty for shareholders and could attract regulatory scrutiny. Investors should watch for the revised meeting date; prolonged delays beyond SEBI's prescribed timelines could affect stock sentiment.