Disclosure for Newspaper Advertisement
Awaiting price reaction for this filing.
Charms Industries Limited has informed BSE about publishing a newspaper advertisement regarding an NCLT order for reduction of share capital and cancellation of capital reserve. The NCLT passed an order on March 26, 2026 in Company Petition No. 4 of 2025, confirming the reduction of share capital and cancellation of capital reserve under Section 66 of the Companies Act, 2013. The Registrar of Company (Ahmedabad) subsequently issued a certificate dated April 21, 2026 for registering the Order and the Minute. The company published the notice of order confirmation in Financial Express in both English and Gujarati languages, with the publication also available on the company website.
This capital reduction and capital reserve cancellation represents a corporate restructuring that will affect the company's balance sheet structure. Shareholders should note this formal completion of the NCLT-approved process.