Charms Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2026 ,inter alia, to consider and approve 1. To consider and approve ....
Awaiting price reaction for this filing.
Charms Industries Limited has scheduled a Board meeting on May 28, 2026 to approve its audited standalone financial results for Q4 and the full year ended March 31, 2026. The meeting also includes an agenda to allot 41,06,100 equity shares of Re. 1/- each, linked to a share capital reduction approved by NCLT in March 2026 — where each Rs. 10/- share is being consolidated into 1 share of Re. 1/-. The trading window for insiders has been closed since April 1, 2026 and will reopen 48 hours after the results are declared. No actual financial figures or audit opinions are disclosed in this filing as the meeting is yet to take place.
This is a routine pre-meeting intimation under SEBI Listing Regulations. The share capital reduction via NCLT is a significant corporate action affecting the per-share cost basis for existing shareholders. Actual impact on the stock will depend on the financial results to be approved at the meeting.