Karma Energy Limited Schedules Board Meeting on May 28, 2026 to Consider Q4 and Full Year FY26 Audited Results

Karma Energy Limited has notified the stock exchange of an upcoming Board of Directors meeting, scheduled for Thursday, May 28, 2026. The intimation, dated May 12, 2026, was filed in accordance with Regulation 29 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The primary agenda for the meeting is to consider and adopt the audited financial results for the quarter and financial year ended March 31, 2026. The key details of the scheduled board meeting are outlined below:

Parameter:	Details
Meeting Date:	Thursday, May 28, 2026
Purpose:	Consider and adopt Audited Financial Results
Period Under Review:	Quarter & Financial Year ended March 31, 2026
Regulatory Compliance:	Regulation 29 of SEBI (LODR) Regulations, 2015

Trading Window Closure

In accordance with the company's Insider Code to regulate, monitor, and report trading by insiders, the trading window has been closed for the following categories of individuals:

Promoters
Directors
Other connected persons
Designated employees

The trading window closure is in effect from April 1, 2026 to May 30, 2026 (both days inclusive), for the purpose of considering the audited financial results for the quarter and year ending March 31, 2026. A notice to this effect was circulated on March 31, 2026.

Company Details

The communication was signed by T V Subramanian, CFO & Company Secretary of Karma Energy Limited. The company is registered at Empire House, 214, Dr. D. N. Road, Ent. A. K. Nayak Marg, Fort, Mumbai – 400 001, with CIN L31101MH2007PLC168823.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.96%	-1.21%	+20.56%	-5.66%	-9.26%	+253.01%

Karma Energy Limited has informed the stock exchanges about receiving a regulatory fine from BSE Limited for non-compliance with certain provisions of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

Fine Details and Violations

The company disclosed the penalty details in a regulatory filing dated April 7, 2026, pursuant to Regulation 30 of the SEBI LODR Regulations.

Parameter:	Details
Regulatory Authority:	BSE Limited
Fine Amount:	₹5,80,560 (including GST)
Date of Receipt:	April 6, 2026
Applicable Regulations:	Regulation 17 & 20 of SEBI LODR

Nature of Non-Compliance

The violations identified by BSE Limited include:

Board Composition Issues: Delay in compliance with requirements pertaining to the composition of the Board of Directors
Committee Constitution: Failure to properly constitute or maintain the Stakeholders Relationship Committee (SRC)

These violations fall under Regulation 17 and 20 of the SEBI LODR Regulations, which govern board composition requirements and committee formations for listed companies.

Financial Impact Assessment

Karma Energy Limited has clarified that the financial impact is limited to the fine amount of ₹5,80,560. The company stated that there is no impact on its operational activities, indicating that the penalty is purely regulatory in nature without affecting business operations.

Company Response and Next Steps

The company has indicated it is in the process of either paying the imposed fine or filing an appeal for waiver of the penalty. Karma Energy Limited has assured stakeholders of its commitment to adhering to all regulatory requirements going forward to prevent similar compliance issues in the future.

The disclosure was signed by T V Subramanian, who serves as both CFO and Company Secretary of Karma Energy Limited, emphasizing the company's commitment to transparency in regulatory matters.