Pursuant to our earlier intimation dated March 13, 2025, wherein the Company had informed the Stock Exchange about fixing March 25, 2026, as the Record Date for the purpose of Reduction ....
Awaiting price reaction for this filing.
Garodia Chemicals Ltd has withdrawn the Record Date of March 25, 2026, which was originally fixed for the purpose of Reduction of Share Capital. The company had announced this record date back in March 2025. The withdrawal means the planned share capital reduction will not proceed as scheduled. The reason for this withdrawal has not been disclosed in the filing. The company cites compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The withdrawal of the record date indicates the capital reduction plan has been halted or postponed. Shareholders should monitor for further announcements regarding the company's capital restructuring plans, as this creates uncertainty about the intended corporate action.