Karnawati Innovation announced key strategic decisions following its Board of Directors meeting held on December 13, 2025, at the company's registered office. The meeting, which commenced at 2:30 PM and concluded at 3:00 PM, addressed important business expansion and diversification initiatives.

Board Decisions and Strategic Direction

The board made two significant resolutions during the meeting, reflecting the company's adaptive approach to business expansion and strategic planning.

Land Purchase Deferment

After due deliberation, the Board decided to defer the purchase of land for business purposes during the current period. The company stated that this matter will be reconsidered at an appropriate time in the future, indicating a cautious approach to capital allocation and timing of expansion activities.

Agricultural Sector Diversification

In a strategic move toward diversification, the board approved the establishment of a Cold Storage Facility and Cold Room Centre as part of the company's expansion into the agriculture sector. This initiative represents a significant shift in Karnawati Innovation's business focus and operational capabilities.

Expected Benefits of Cold Storage Initiative

The proposed cold storage project is designed to deliver multiple strategic advantages:

• Support agricultural trading activities
• Improve storage capabilities for agricultural products
• Enhance logistics infrastructure
• Create long-term value for the company
• Establish presence in the agriculture sector

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following the company's prior intimation dated December 10, 2025. Karnawati Innovation operates under CIN L17119GJ1986PLC009009 and trades with ISIN INE214D01021 and BSE scrip code 531671.

Bisil Plast Limited , a company listed on the Bombay Stock Exchange (BSE), has officially changed its name to Karnawati Innovation Limited. This corporate action marks a significant milestone in the company's history and branding strategy.

Key Details of the Name Change

Timeline of Events

1. July 5, 2025: Initial proposal for name change announced
2. August 28, 2025: Shareholders approved the name change through postal ballot
3. October 23, 2025: ROC issued fresh Certificate of Incorporation with the new name
4. October 24, 2025: Company officially announced the name change to the stock exchange

Regulatory Compliance

The company has received the necessary regulatory approvals for this transition. A fresh Certificate of Incorporation was issued by the Registrar of Companies on October 23, 2025, officially recognizing the new name.

Investor Information

Investors should note that while the company name has changed, the BSE scrip code remains 531671. The company has stated that it is in the process of filing required documents with the stock exchange regarding the name change. This may potentially lead to changes in the trading symbol in the future, although no such change has been announced as of now.

Legal Obligations

As per Section 12 of the Companies Act, Karnawati Innovation Limited is obligated to display its old name (Bisil Plast Limited) alongside the new name at all required places for a period of two years. This ensures transparency and continuity for all stakeholders during the transition period.

Impact on Stakeholders

The company has emphasized that this name change does not affect the rights and liabilities of stakeholders. All existing agreements, contracts, and legal obligations remain valid under the new company name.

Investors and other stakeholders are advised to update their records accordingly and to verify the latest status of the company and its directors through the Ministry of Corporate Affairs website at www.mca.gov.in/MCA21 .

As Bisil Plast transitions to its new identity as Karnawati Innovation Limited, stakeholders will be keen to observe any strategic shifts or operational changes that may accompany this rebranding effort.