ALPHA TRIBE

Khadim India LimitedImportant, 23-06-2025: General Updates

23-06-2025 | 06:59 pm

Khadim India Limited has announced a board meeting to discuss the financial results for the quarter and half-year. The company has completed the demerger of its Distribution Business into KSR Footwear Limited, issuing 1 equity share in KSR Footwear for every 1 share held in Khadim. Shareholders should apportion their original cost of acquisition between Khadim India (35.05%) and KSR Footwear (64.95%) for tax purposes. The demerger is treated as a non-taxable event for shareholders at this stage.

No comments yet. Be the first to comment!

All announcements from Khadim India Limited