Karma Energy publishes audited financial results for FY26

0 min read     Updated on 30 May 2026, 01:36 PM
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Karma Energy published its audited financial results for the quarter and financial year ended March 31, 2026, in the Financial Express and Mumbai Lakshadweep newspapers on May 29, 2026. The Board of Directors approved the results on May 28, 2026, and the report has been posted on the company's website.

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Karma Energy published its audited financial results for the quarter and financial year ended March 31, 2026, on May 29, 2026. The results were published in the Financial Express (English) and Mumbai Lakshadweep (Marathi) newspapers. This publication ensures compliance with Regulation 47 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

The Board of Directors of the company approved the audited financial results during a meeting held on May 28, 2026. The results, accompanied by the Report of the Auditors, have been posted on the company's official website. Shareholders and stakeholders can access the detailed financial statement by visiting the website or scanning the provided QR code.

Key Details

Event Date
Board Meeting Date May 28, 2026
Publication Date May 29, 2026
Financial Year End March 31, 2026

The submission to the stock exchange included confirmation that the newspaper publication was carried out as required. The intimation was submitted by Chetan D. Mehra, Managing Director, on behalf of Karma Energy Limited. The company's registered office is located at Empire House, Fort, Mumbai.

Historical Stock Returns for Karma Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-0.46%-1.21%-13.18%-14.79%-25.24%+199.87%

How will the audited financial results impact Karma Energy's stock performance in the upcoming quarter?

What strategic initiatives is the company planning to implement based on the financial year ended March 31, 2026?

How might the compliance with SEBI regulations influence investor confidence in Karma Energy?

Karma Energy Promoter Group Declares No Encumbrance on 74.70% Shareholding for FY26

2 min read     Updated on 19 May 2026, 08:15 AM
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Karma Energy Limited's Promoter, Chetan Durgadas Mehra, on behalf of the entire Promoter and Promoter Group, has declared no encumbrance—direct or indirect—on 86,43,046 equity shares representing 74.70% shareholding in the company for the financial year ended March 31, 2026. The disclosure was filed under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and submitted to BSE Limited and the National Stock Exchange of India Limited on April 3, 2026. The Promoter and Promoter Group comprises 18 individuals and entities, with Chetan Mehra as the sole Promoter and the remaining 17 classified under the Promoter Group.

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Karma Energy Limited's Promoter and Promoter Group have filed a statutory disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the financial year ended March 31, 2026. The disclosure, submitted to BSE Limited and the National Stock Exchange of India Limited on April 3, 2026, confirms that no encumbrance has been created, either directly or indirectly, on the promoter shareholding in the company.

Encumbrance Declaration on Promoter Shareholding

Chetan Durgadas Mehra, acting on behalf of the Promoter and Promoter Group of Karma Energy Limited, declared that the group has not pledged or otherwise encumbered its equity stake during the year under review. The declaration covers 86,43,046 equity shares, which represent 74.70% of the total shareholding in the company. The disclosure was also addressed to Karma Energy Limited and its Audit Committee.

The key details of the encumbrance declaration are summarised below:

Parameter: Details
Disclosure Date: April 3, 2026
Financial Year: Year ended March 31, 2026
Equity Shares Covered: 86,43,046
Promoter Shareholding (%): 74.70%
Encumbrance Status: Nil (No encumbrance created)
Declarant: Chetan Durgadas Mehra
Regulatory Provision: Regulation 31(4), SEBI Takeover Regulations, 2011

Promoter and Promoter Group Composition

The disclosure was made on behalf of 18 individuals and entities collectively forming the Promoter and Promoter Group of Karma Energy Limited. The full list of persons and entities covered under the declaration is as follows:

Sr. No.: Name Category
1. Chetan Mehra Promoter
2. Dharmendra Gulabchand Siraj Promoter Group
3. Anju Siraj Promoter Group
4. Isha Siraj Kedia Promoter Group
5. Arun Mehra Promoter Group
6. Radhika Chetan Mehra Promoter Group
7. Shweta Siraj Mehta Promoter Group
8. Hansneel Impex Private Limited Promoter Group
9. Kotta Enterprises Private Limited Promoter Group
10. Weizmann Corporate Services Limited Promoter Group
11. Purvaja Projects Limited Promoter Group
12. Ram Krishna Iron Works Private Limited Promoter Group
13. Sitex India Private Limited Promoter Group
14. Tapi Energy Projects Limited Promoter Group
15. Windia Infrastructure Finance Limited Promoter Group
16. Inspeed Power Private Limited Promoter Group
17. Prabhanjan Multitrade Private Limited Promoter Group
18. Weizmann Limited Promoter Group

Regulatory Context

Under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, promoters of listed companies are required to submit an annual declaration to the stock exchanges and the target company confirming whether any encumbrance has been created on their shareholding during the relevant financial year. The disclosure from Karma Energy's Promoter and Promoter Group confirms full compliance with this regulatory requirement for the year ended March 31, 2026. The filing was signed by T V Subramanian, CFO & Company Secretary of Karma Energy Limited, and submitted to both BSE Limited and the National Stock Exchange of India Limited.

Historical Stock Returns for Karma Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-0.46%-1.21%-13.18%-14.79%-25.24%+199.87%

Given that Karma Energy's promoters hold 74.70% stake with zero encumbrance, are there any plans for future fundraising that could require pledging shares as collateral?

How might Karma Energy's clean promoter shareholding record influence its ability to attract institutional investors or secure project financing for renewable energy expansion?

With 18 entities in the promoter group including multiple corporate entities like Tapi Energy Projects and Inspeed Power, could any restructuring or consolidation within the promoter group affect the overall shareholding pattern?

More News on Karma Energy

1 Year Returns:-25.24%