Garodia Chemicals to Reduce Equity Share Capital Held by Public Shareholders

Pursuant to the order of the National Company Law Tribunal (NCLT), Mumbai Branch, Garodia Chemicals Ltd has fixed March 25, 2026, as the record date for the purpose of giving effect to the reduction of the equity share capital held by Public Shareholders. This reduction, cancellation, and consequent extinguishment is being done as part of the Base Resolution Plan (BRP) approved by NCLT. As per the approved BRP, for every 13 existing equity shares held by public shareholders, 1 equity share of Garodia Chemicals Limited will be allotted after reconstitution of the share capital. Any fractional entitlement arising from this will be rounded off to the nearest integer.