Khadim India Limited has informed the Exchange about Update on Demerger- Alteration of Authorized Share Capital of the Company

Demerger Ratio AnnouncedNclt 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

+0.3%Reaction day

₹289.00

prior close

₹290.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-0.2% vs market

Footwear peers, median of 8sector-0.1%+0.5% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.5 pts more 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

-0.3

10m

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15m

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30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+0.5-0.2-0.1+0.5

Next day

+7.3+1.0+6.3+0.1+7.2

-7.5+1.0-8.5-0.1-7.4

-2.9+2.4-5.2+0.1-3.0

-3.8+3.1-6.9+0.7-4.5

-3.2+3.6-6.8+0.7-4.0

-6.6+1.7-8.2-2.0-4.6

15d

-9.3+1.8-11.1-3.0-6.3

-11.8+3.6-15.4-0.8-11.0

-8.3+1.0-9.3-2.4-5.9

-18.7+0.5-19.2+0.5-19.1

UpDownMarket · Nifty Microcap 250Sector · Footwear peers, median of 8Pending

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

AI summary

Khadim India Limited has reduced its authorised share capital from ₹60 crore to ₹40 crore, cutting equity shares from 6 crore to 4 crore (face value ₹10 each). This change follows the NCLT Kolkata Bench's approval on March 27, 2025, of a Scheme of Arrangement to transfer the company's Distribution Business to KSR Footwear Limited (the Resulting Company). The revised Memorandum of Association reflecting this change has been uploaded to the company's website. Khadim India will continue as the Demerged Company in this restructuring.

Likely market impact

Shareholders should note this is a structural change tied to the demerger, not a fresh fundraising or capital dilution. The authorised capital reduction aligns Khadim's capital structure with the smaller business remaining after hiving off the distribution arm to KSR Footwear, and it may affect future share issuance capacity.