Indus Fila fixes record date for capital reduction under NCLT order

Indus Fila Limited has set January 29, 2026 as the record date to effect a reduction in share capital as directed by the NCLT under a resolution plan approved in May 2019. The company went through insolvency proceedings from 2017, with NCLT concluding the process in April 2022. New promoter M/s Vision Textile now holds 97.88 percent while public holds 2.12 percent. The company was delisted and is currently in the suspended category on BSE and NSE.