Karnawati Innovation Limited Submits SEBI Compliance Certificate for Q4 FY26

1 min read     Updated on 08 Apr 2026, 01:25 PM
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Karnawati Innovation Limited submitted its SEBI compliance certificate for Q4 FY26 ended March 31, 2026, confirming proper adherence to dematerialisation regulations. The filing, made on April 8, 2026, included confirmation from registrar MUFG Intime India Private Limited that all securities processing, verification, and member register updates were completed within prescribed regulatory timelines.

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Karnawati Innovation Limited has filed its mandatory compliance certificate with BSE Limited, confirming adherence to SEBI regulations for the quarter ended March 31, 2026. The submission, made on April 8, 2026, demonstrates the company's commitment to regulatory compliance and transparent corporate governance practices.

Regulatory Compliance Submission

The company submitted its certificate under Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018, covering the quarter and year ended March 31, 2026. Director Ravikumar Kirtibhai Patel signed the submission on behalf of the company, ensuring proper authorization and accountability for the regulatory filing.

Filing Details: Information
Regulation: SEBI (Depository and Participants) Regulations, 2018 - Section 74(5)
Period Covered: Quarter & Year ended March 31, 2026
Submission Date: April 8, 2026
Authorized Signatory: Mr. Ravikumar Kirtibhai Patel, Director

Registrar Confirmation Process

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's registrar and transfer agent. The registrar provided comprehensive confirmation regarding dematerialisation processes conducted during Q4 FY26, ensuring all regulatory requirements were met within prescribed timelines.

The registrar's certificate, dated April 1, 2026, confirmed several critical compliance aspects:

  • Securities received from depository participants for dematerialisation were properly confirmed
  • All security certificates were either accepted or rejected according to established protocols
  • Listed securities maintained their status on relevant stock exchanges
  • Physical certificates underwent proper verification and cancellation procedures

Dematerialisation Process Verification

Process Component: Status
Securities Confirmation: Completed within timelines
Certificate Verification: Conducted by depository participants
Physical Certificate Status: Mutilated and cancelled after verification
Member Register Updates: Depositories substituted as registered owners

Corporate Information

Karnawati Innovation Limited, formerly known as Bisil Plast Limited, operates from its registered office in Ahmedabad, Gujarat. The company maintains its corporate presence through established communication channels and continues to fulfill its regulatory obligations as a listed entity on BSE Limited.

The systematic submission of compliance certificates reflects the company's ongoing commitment to maintaining transparency and adhering to securities market regulations. This quarterly filing ensures stakeholders remain informed about the company's regulatory compliance status and operational integrity.

What strategic initiatives might Karnawati Innovation Limited pursue in FY27 following their successful regulatory compliance track record?

How could the company's transition from Bisil Plast Limited to Karnawati Innovation Limited signal potential business diversification or market expansion plans?

Will the seamless dematerialisation process and strong governance practices help attract institutional investors in the upcoming quarters?

Karnawati Innovation Reports Strong Q3FY26 Results with Revenue of ₹7,146.89 Lakhs

1 min read     Updated on 13 Feb 2026, 04:46 PM
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Karnawati Innovation Limited announced robust Q3FY26 financial results with revenue of ₹7,146.89 lakhs and net profit of ₹184.53 lakhs, representing substantial growth from previous quarters. The nine-month cumulative performance showed total revenue of ₹9,265.29 lakhs and net profit of ₹362.26 lakhs, marking a significant turnaround from the previous year's loss.

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Karnawati Innovation Limited has announced its unaudited standalone financial results for the third quarter ended December 31, 2025, showing significant operational performance. The Board of Directors approved these results during their meeting held on February 13, 2026, in compliance with SEBI regulations.

Financial Performance Overview

The company reported robust financial metrics for Q3FY26, demonstrating substantial growth in operations. The quarterly results reflect the company's improved business performance compared to previous periods.

Metric: Q3FY26 Q2FY26 Q3FY25
Revenue from Operations: ₹7,146.89 lakhs ₹2,000.42 lakhs -
Net Profit: ₹184.53 lakhs ₹161.48 lakhs (₹0.63 lakhs)
Basic EPS: ₹0.342 ₹0.299 (₹0.001)
Total Expenses: ₹6,962.36 lakhs ₹1,838.94 lakhs ₹0.63 lakhs

Nine-Month Cumulative Performance

For the nine months ended December 31, 2025, the company achieved remarkable growth with total revenue reaching ₹9,265.29 lakhs compared to ₹47.19 lakhs in the corresponding period of the previous year. The cumulative net profit stood at ₹362.26 lakhs, a significant improvement from the loss of ₹7.14 lakhs in the previous year.

Parameter: 9M FY26 9M FY25
Total Revenue: ₹9,265.29 lakhs ₹47.19 lakhs
Net Profit/(Loss): ₹362.26 lakhs (₹7.14 lakhs)
Basic EPS: ₹6.70 (₹0.13)

Cost Structure and Operational Efficiency

The company's cost structure shows that material consumption constituted the major expense component at ₹6,951.93 lakhs for Q3FY26. Employee benefit expenses remained controlled at ₹3.20 lakhs, while other expenses were ₹7.20 lakhs for the quarter.

Regulatory Compliance and Audit

The financial results have been reviewed by A.L. Thakkar & Co., Chartered Accountants, who issued a limited review report. The results were prepared in accordance with Indian Accounting Standard 34 and comply with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The Board meeting commenced at 3:00 PM and concluded at 3:30 PM on February 13, 2026.

Company Information

Bisil Plast , operating under CIN L17119GJ1986PLC009009, maintains its registered office at Office No. 702/3, 7th Floor, Shilp Aaron, Sindhubhavan Road, Thaltej, Ahmedabad, Gujarat. The company operates in a single business segment, and the results are available on both the company website and BSE Limited's website for stakeholder reference.

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