Khadim India Limited — Others, 15-11-2024: Copy of Newspaper Publication

Khadim India Limited has announced a board meeting on November 29, 2024, for the hearing of the Company Scheme Petition concerning the proposed Scheme of Arrangement with KSR Footwear Limited. This follows the National Company Law Tribunal's Order dated October 16, 2024, admitting the petition. The outcome of this scheme could significantly impact both companies by reshaping their operational structure and financial health. Investor sentiment may lean towards a positive outlook as the arrangement could lead to enhanced efficiencies and growth opportunities for shareholders, depending on the successful sanctioning of the scheme.