Karma Energy Limited’s board of directors approved the unaudited financial results for the quarter and period ended June 30, 2026. The approval was given during a meeting held on August 13, 2026.

The company published the results on August 14, 2026, in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The publication appeared in Financial Express (English) and Mumbai Lakshadeep (Marathi).

Disclosure Details

The financial results, accompanied by the limited review report from the auditors, are available on the company’s website. Shareholders and stakeholders can access the documents directly via the provided QR code or by visiting the official portal.

Chetan D. Mehra, Managing Director, submitted the newspaper publication copy to BSE Ltd for record-keeping. Neelkamal V. Siraj, Director, signed the intimation on behalf of the board.

Karma Energy Limited declared the voting results of its 19th Annual General Meeting (AGM) on July 24, 2026, confirming that shareholders approved all three proposed resolutions with overwhelming support. The meeting, held via video conferencing on July 23, 2026, saw a participation rate of nearly 80%, with promoters casting all their shares in favor of every agenda item. This near-unanimous backing underscores strong alignment between management and investors regarding the company’s governance and strategic direction for FY26.

The primary resolutions included the adoption of the audited financial statements for the fiscal year ended March 31, 2026, and the re-appointment of key leadership personnel. Shareholders voted to re-appoint Neelkamal Vrajlal Siraj as a director retiring by rotation and approved the re-appointment and remuneration revision of Chetan Durgadas Mehra as Managing Director. The high approval rate reflects confidence in the company’s operational reporting and executive continuity.

Voting Statistics

As per the consolidated scrutinizer’s report submitted by Martinho Ferrao & Associates, a total of 9,211,931 valid votes were cast out of 11,569,918 shares held by members on the record date of July 16, 2026. This represents a polling percentage of 79.62%. Promoter and promoter group entities, holding 8,643,046 shares, voted 100% in favor of all resolutions. Public non-institutional shareholders polled 568,895 votes, with 99.99% cast in favor.

The voting process was conducted through remote e-voting facilitated by National Securities Depository Limited (NSDL), with the portal open from July 20 to July 22, 2026. No invalid votes were recorded across any category, and no members abstained from voting. The proceedings were overseen by CS Martinho Ferrao, appointed as the scrutinizer under Section 108 of the Companies Act, 2013.

Leadership Continuity

The approval of the special resolution regarding Chetan Durgadas Mehra’s remuneration revision ensures continuity in executive leadership. The ordinary resolution for Neelkamal Vrajlal Siraj’s re-appointment maintains stability on the Board of Directors. The unanimous support from promoter groups and near-unanimous backing from public shareholders indicates alignment between management and investor interests regarding the company’s operational and financial reporting for FY26.

The company has submitted the scrutinizer’s report and voting results to BSE Ltd for record purposes. Chairman Dharmendra Siraj presided over the virtual meeting, which was attended by 15 promoter representatives and 17 public shareholders via video conferencing.