Indus Fila Limited has announced the fixing of a Record Date on February 09, 2026, for the purpose of giving effect to the Reduction of Share Capital. This action is in accordance with the order of the Hon'ble National Company Law Tribunal (NCLT), Bangalore, pursuant to a resolution plan approved on May 10, 2019, and concluded on April 21, 2022. The company's Corporate Insolvency Resolution Process (CIRP), initiated in 2017, concluded on April 21, 2022. The NCLT had admitted the CIRP application on February 20, 2018, imposing a moratorium. The approved Resolution Plan led to a capital reduction and a subsequent allotment of new shares to the successful resolution applicant, M/s Vision Textile, upon fund infusion. This has resulted in a revised shareholding structure where M/s Vision Textile holds 97.88% and public shareholding is 2.12%. During the moratorium, the company was delisted by both BSE and NSE. Following communications with the NSE on December 15, 2025, regarding the capital reduction process, the company has now fixed February 09, 2026, as the Record Date. The company's status was moved from 'Delisted' to 'Suspended' by both stock exchanges in February/March 2024. The capital reduction and share allotment have been updated in the records of the Ministry of Corporate Affairs and depositories.
