Carnation Industries Limited's board has approved a Rights Issue of fully paid-up equity shares to raise funds for an aggregate amount not exceeding ₹50 Crores. The decision, taken on May 26, 2026, aims to achieve the minimum public shareholding threshold and fund business requirements. The equity shares have a face value of ₹10 each and will be issued to eligible equity shareholders in accordance with applicable laws and regulations.

Board Approvals and Authorization

The board granted all necessary approvals and authorizations for the proposed Rights Issue. This includes the authority to undertake requisite actions, appoint intermediaries and advisors, and obtain necessary statutory and regulatory approvals required for the implementation of the issue. The meeting was held at the company's corporate office, commencing at 12:10 P.M. and concluding at 01:25 P.M.

Regulatory Compliance

The intimation was submitted pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information was addressed to BSE Limited and The Calcutta Stock Exchange Ltd for their records. Bhawna Gupta, Director, signed the disclosure on behalf of Carnation Industries Limited.

Carnation Industries Limited has published its standalone audited financial results for the quarter and financial year ended March 31, 2026, as advertised in The Echo of India (English Edition) and Arthik Lipi (Kolkata Edition) on May 07, 2026, in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and approved by the Board of Directors on May 5, 2026.

Quarterly Performance: Strong Recovery in Q4 FY26

The company delivered a notable turnaround in Q4 FY26, reporting a net profit of Rs. 75.59 lakhs against a net loss of Rs. 53.70 lakhs in Q3 FY26 (quarter ended December 31, 2025). Total income surged to Rs. 172.56 lakhs in Q4 FY26 from Rs. 24.16 lakhs in the preceding quarter, while total expenses rose to Rs. 83.30 lakhs from Rs. 51.85 lakhs. Profit before tax for Q4 FY26 stood at Rs. 89.26 lakhs, compared to a loss before tax of Rs. 27.69 lakhs in Q3 FY26. The corresponding quarter of the previous year (Q4 FY25) had reported nil total income and a loss before tax of Rs. 49.47 lakhs.

The table below presents the quarterly financial performance:

Full-Year Performance: Annual Net Loss in FY26

For the full financial year ended March 31, 2026, Carnation Industries reported a net loss of Rs. 13.18 lakhs, a significant reversal from the net profit of Rs. 142.44 lakhs recorded in FY25. Total income for FY26 stood at Rs. 196.72 lakhs, lower than Rs. 233.84 lakhs in FY25. Total expenses for FY26 rose sharply to Rs. 170.22 lakhs from Rs. 84.62 lakhs in FY25, contributing to the compression in profitability. Profit before tax for FY26 was Rs. 26.50 lakhs versus Rs. 149.21 lakhs in FY25, while total tax expense increased to Rs. 39.68 lakhs from Rs. 6.77 lakhs in the prior year.

The table below summarises the annual financial performance:

Share Capital and Earnings Per Share

The weighted average paid-up equity share capital remained unchanged at Rs. 345.72 lakhs (face value Rs. 10 each) across all reported periods. Basic and diluted earnings per share (EPS) for Q4 FY26 stood at Rs. 2.19, compared to Rs. (1.55) in Q3 FY26 and Rs. (1.43) in Q4 FY25. For the full year, EPS was Rs. (0.38) in FY26 against Rs. 4.12 in FY25.

Regulatory Compliance and Board Approval

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and Regulation 33 of the SEBI (LODR) Regulations, 2015. The results were reviewed by the Audit Committee and approved by the Board of Directors on May 5, 2026. The newspaper advertisement was published in The Echo of India (Kolkata, English Edition) and Arthik Lipi (Kolkata Edition), both dated May 07, 2026, fulfilling the disclosure requirements under Regulation 47. The filing was submitted to BSE Limited and The Calcutta Stock Exchange Ltd by Director Bhawna Gupta (DIN: 10101543) from Delhi.