Karnawati Innovation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/12/2025 ,inter alia, to consider and approve Issue Price and other ....
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Karnawati Innovation Ltd has approved a Rights Issue of equity shares (face value Rs. 1 each) for up to Rs. 49 crore, as decided by the Board on December 24, 2025. A Rights Issue Committee meeting is scheduled for December 30, 2025 to finalize the issue price, entitlement ratio, record date, and timing of the issue. The trading window for designated persons has been closed from December 24, 2025 until 48 hours after the Committee meeting concludes. The company was formerly known as Bisil Plast Limited.
Existing shareholders may get an opportunity to buy additional shares in proportion to their holdings, but they will need to decide whether to invest more capital based on the issue price once announced. The stock may see short-term volatility around the record date announcement, and dilution of shareholding is expected if all entitled shares are issued.