Merger announced
As filed · General Updates
What happened
FactLimited (“Company”/ “Demerged Company”) to KSR Footwear Limited (“Resulting Company”). “the allotment of 1,83,78,382 new Equity Shares of ₹ 10/- each fully paid up to all the Equity Shareholders. of the Demerged Company (Khadim India Limited) as on the Record Date i.e.
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
WithdrawnLooking ahead, we expect our company-owned footprint to stabilise at around 200 stores, with incremental growth led through capital-light formats - EBOs and our FRM/TFM franchise arrangements.
We will continue to improve store productivity, deepen franchisee engagement and expand selectively through capital-efficient formats.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
- The margin will remain more or less in the range of 48% to 49%. (management committed by Q3 FY26)
- Looking ahead, we expect our company-owned footprint to stabilise at around 200 stores, with incremental growt (management committed by FY27)
Evidence
- Khadim India Limited has informed the Exchange about Allotment of Equity Shares by KSR Footwear Limited pursuant to the Scheme of Arrangement.(opens the original filing in a new tab)
- Earlier statement · FY26
- Latest statement · FY26
- Earlier statement · FY26
How CapitSignal classified this
- Reasoning:
- MERGER base 74; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%