Khadim India Limited has informed the Exchange about Demerger of the Distribution Business of the Company-Record Date

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

KHADIM · price

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Price reactionminutes from the announcement price · days from the prior close

-1.2%Reaction day

₹298.85

prior close

₹301.64

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-1.5% vs market

Footwear peers, median of 9sector-0.5%-0.7% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 0.7 pts less than its Footwear peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.1

10m

+1.4

15m

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30m

+2.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2+0.4-1.5-0.5-0.7

Next day

-0.9+0.7-1.6-0.6-0.4

-2.6+0.7-3.4-1.5-1.2

-3.3+0.5-3.8-2.8-0.5

-3.0+1.0-3.9-4.5+1.5

+3.8+1.5+2.3-5.4+9.2

-6.1+2.8-8.9-4.4-1.7

15d

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-6.8+3.0-9.8-4.7-2.2

-20.2-1.4-18.8-7.2-13.0

UpDownMarket · Nifty Microcap 250Sector · Footwear peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Khadim India Limited (KIL) has fixed June 07, 2025 as the Record Date for its demerger scheme under which its Distribution Business will be transferred to KSR Footwear Limited (KFL), the resulting company. Shareholders on the record date will be eligible to receive new equity shares of KFL in line with Clause 11 of the Scheme of Arrangement. The scheme was already approved by the NCLT Kolkata Bench on March 27, 2025, and this update is filed under Regulation 42 of SEBI LODR. Investors need to hold shares of Khadim India on the record date to qualify for the share entitlement from KFL.

Likely market impact

Existing shareholders of Khadim India who hold shares on the record date (June 7, 2025) will receive new equity shares of KSR Footwear Limited, effectively giving them a stake in the demerged distribution entity alongside their existing Khadim India holding. This is a value-unlocking corporate action and may lead to separate listing and trading of KSR Footwear shares in due course.