Karnika Industries' board approved raising authorised capital from ₹25 crore to ₹70 crore and a 4:1 bonus share issue worth ₹49.59 crore, funded via free reserves. Shareholder nod is pending. Bonus shares will be credited within two months post-approval. Karnika, a kidswear firm since 2017, markets under its brand and six sub-brands, offering diverse apparel products.