
Corporate Action7 May 2026, 03:17 pm
Charms Industries: Record Date for Equity Share Allotment
AI Summary
Charms Industries Ltd has fixed May 20, 2026, as the record date for allotment of equity shares following the reduction of equity share capital, approved by the NCLT Ahmedabad Bench. This action is pursuant to an order dated March 26, 2026, and a certificate issued by the Registrar of Companies (Ahmedabad) on April 21, 2026. The scheme reduces the paid-up equity share capital from ₹4,10,61,000 to ₹41,06,100, with shareholders receiving one Re 1 share for each ₹10 share held.
Key Highlights
- Record date for equity share allotment is May 20, 2026.
- Equity share capital reduced from ₹4,10,61,000 to ₹41,06,100.
- Shareholders receive one Re 1 share for each ₹10 share.
- Reduction approved by NCLT Ahmedabad Bench.
- Capital reserve account of INR 31,46,530 shall stand cancelled.
Price Impact
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