Update on the Scheme of Arrangement between Kitex Childrenswear Limited and Kitex Garments Limited and their respective shareholders and creditors (Scheme) - Notice for convening of the meetings

Kitex Garments Ltd announced that the National Company Law Tribunal (NCLT), Kochi Bench, has directed the company to convene meetings of its Equity Shareholders and Unsecured Creditors. These meetings, scheduled for July 24, 2026, are to consider and approve a Scheme of Arrangement. The scheme involves the demerger of Kitex Childrenswear Limited from Kitex Garments Limited, aiming to restructure the corporate entities.