Garodia Chemicals clarifies record date for capital reduction

Garodia Chemicals Ltd has issued a clarification regarding the record date for its share capital reduction. The previous record date of March 25, 2026, for the public category's share capital reduction, has been withdrawn. The company now clarifies that as per a BSE notice dated December 05, 2025, the record date for the reconstitution of share capital is December 10, 2025. This reconstitution involves the extinguishment of 37,28,800 equity shares held by promoters, representing 51.79% of the company's shareholding, without any payment. Additionally, public shareholders will receive 1 new equity share for every 13 existing equity shares held. The face value of public shareholders' shares will also be reduced from ₹10 each to Re. 1 each.