
Quarterly Result28 May 2026, 10:24 pm
Charms Industries Q4/FY26 Results Approved; Capital Reduced to Re. 1
AI Summary
Charms Industries Limited's Board of Directors approved the Audited Standalone Financial Results for the quarter and financial year ended March 31, 2026. The Statutory Auditors issued an unmodified opinion on these results. Additionally, the Board approved the allotment of 1 equity share of Re. 1/- each fully paid up against every 1 equity share of Rs. 10/- each fully paid up, pursuant to the Scheme of Capital Reduction. This capital reduction, effective April 21, 2026, reduces the paid-up capital from Rs. 4,10,61,000 to Rs. 41,06,100. The record date for this action was May 20, 2026. The trading window will re-open 48 hours after the results declaration.
Key Highlights
- Board approved Audited Standalone Financial Results for Q4 and FY26.
- Statutory Auditors issued an unmodified opinion on the financial results.
- Approved capital reduction from Rs. 10/- to Re. 1/- per equity share.
- 1 equity share of Re. 1/- to be issued for every 1 share of Rs. 10/-.
- Capital reduction was effective April 21, 2026, with May 20, 2026, as record date.
Price Impact
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