Garodia Chemicals clarifies Dec 10, 2025 record date for capital reduction

Garodia Chemicals Ltd has issued a clarification regarding the record date for its share capital reduction. The company confirmed that the previously intimated record date of March 25, 2026, for the reduction of share capital in the public category, has been withdrawn. The correct record date, as per BSE's notice dated December 05, 2025, is December 10, 2025. The capital reconstitution plan includes three key components: the extinguishment of 3,728,800 equity shares held by promoters, representing 51.79% of the company's shareholding, without any payment; public shareholders will receive one new equity share for every thirteen existing shares; and the face value of public shareholders' shares will be reduced from ₹10 each to ₹1 each. This clarification aims to avoid any ambiguity regarding the record date and the details of the capital reduction.