Khadim India Limited has informed the Exchange that Record date for the purpose of Demerger of the Distribution Business of the Company is 07-Jun-2025.
KHADIM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Khadim India has fixed June 7, 2025 as the record date for its demerger scheme. The record date will determine which shareholders of Khadim are eligible to receive new equity shares in KSR Footwear Limited, the resulting company. This follows the National Company Law Tribunal (NCLT), Kolkata Bench's approval of the Scheme of Arrangement on March 27, 2025, for the transfer of Khadim's Distribution Business to KSR Footwear. Shareholders who hold shares of Khadim on the record date will be entitled to the newly allotted shares in KSR Footwear as per Clause 11 of the sanctioned scheme. This is the next procedural step after the earlier intimation dated March 28, 2025.
Eligible shareholders on the record date will receive new equity shares in KSR Footwear Limited, effectively separating the distribution arm into a distinct listed entity. The demerger could reshape Khadim's business focus and unlock value for shareholders once shares are allotted.