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Legal & Regulatory

Charms Industries Legal & Regulatory

Charms Industries Limited has fixed May 20, 2026, as the Record Date for its share capital reduction scheme approved by the NCLT. Existing shares of Rs. 10 each will be reduced to Rs. 1 each. This internal restructuring aims to write off accumulated losses and present a realistic balance sheet without impacting creditor interests.

Source

BSE filing, BSE: 531327. Summary written from the filing by ALFA Finder's alert engine.

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18:58 IST BSE
Change in Control

Charms Industries Change in Control

Charms Industries' promoters agreed to sell a 24.37% stake to new acquirers, triggering an open offer. The board also approved preferential issues and an EGM.

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