Announced Tue, 23 Jun · 18:58 IST
Newspaper notice published for shareholder and creditor meetings on demerger scheme
Compliance View source PDF
KITEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.4%1-day move
₹160.02
prior close
₹160.39
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.3-0.1+0.4+1.4-2.3+0.2-0.1+1.0-0.9-5.5-8.3——
Up moveDown movePending
AI summary
Kitex Garments has published newspaper notices for meetings of equity shareholders and unsecured creditors on July 24, 2026 regarding a Scheme of Arrangement with Kitex Childrenswear Limited. The NCLT Kochi Bench ordered the meetings under Sections 230 to 232 of the Companies Act, 2013. Kitex Childrenswear is the Demerged Company and Kitex Garments is the Resulting Company. The meetings will be held via video conferencing.
Likely market impact
Shareholders and unsecured creditors will vote on the proposed demerger of Kitex Childrenswear from Kitex Garments on July 24, 2026.