Khadim India Limited will transfer unclaimed dividends and equity shares to the Investor Education and Protection Fund (IEPF) Authority, impacting shareholders with dues outstanding for seven consecutive years or more. The company is scheduled to complete this transfer on September 11, 2026, specifically concerning the final dividend declared for the financial year 2018-19. Shareholders who fail to claim their dues by the stipulated deadline will have their demat accounts debited, and the corresponding shares transferred to the IEPF without further notice.

The transfer follows the provisions of Section 124(6) of the Companies Act, 2013, and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. Khadim India has stated that no claims will lie against the company once the shares and dividends are transferred to the IEPF. Concerned shareholders can verify their status and details on the company's official website.

To prevent the transfer, shareholders must ensure a valid claim is received on or before August 24, 2026. After this date, the company will proceed with the transfer of the liable dividend and equity shares. Shareholders wishing to reclaim their shares or dividend from the IEPF Authority must submit an application in Form IEPF-5, available on the Ministry of Corporate Affairs website under MCA Services > IEPF related services.

The company has appointed MUFG Intime India Pvt. Ltd. as its Registrar and Share Transfer Agent to assist shareholders with queries regarding the transfer process. Shareholders can contact the agent via email or phone for clarifications on the subject matter and the applicable rules. The notice was published in newspapers on June 08, 2026, to inform all potentially affected stakeholders.

Khadim India Limited reported a 12% decline in revenue from operations to INR367.1 crores for the financial year ended March 31, 2026, compared to INR418 crores in the previous year. The company faced a challenging operating environment marked by muted consumer demand and pressure on discretionary spending, particularly in the mass and value segments. Despite the revenue contraction, the company maintained a gross margin of 48.9% for the year, with profit after tax standing at INR3.1 crores.

Financial Performance

For the fourth quarter of FY26, revenue from operations stood at INR83.6 crores, down from INR93.8 crores in the corresponding quarter of the previous year. Gross profit for the quarter was INR43.1 crores, translating to a gross margin of 51.5%. EBITDA for the quarter was INR11.9 crores with a margin of 14.3%, while profit after tax was INR0.77 crores.

Operational Highlights

The company's retail footprint comprised 851 stores as of March 31, 2026, including 189 company-owned outlets and 662 franchise-operated outlets across 23 states and 4 union territories. Management noted that the TFM portfolio delivered strong year-on-year growth of 46%, while British Walkers grew by 6%. During the year, Khadim India completed the demerger of its distribution business and manufacturing segment into KSR Footwear Limited to sharpen operational focus.

Strategic Outlook and Guidance

Looking ahead to FY27, management provided guidance targeting a revenue of INR400 crores and an EBITDA margin of 14%. The company anticipates a 50-basis point improvement in gross margins, driven by premiumization and a reduction in discounting. Key priorities include strengthening the core portfolio, driving premiumization, and maintaining financial discipline. The company remains cautiously optimistic about a gradual recovery supported by improving consumption trends.