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<h1>Khadim India Ltd to Demerge Distribution Business by March 2025, Listing KSR Footwear Ltd by May</h1> Footwear company Khadim India Ltd plans to complete the demerger of its distribution business by March 2025, with a listing expected by May. The demerger aims to enhance margins and valuations by creating KSR Footwear Ltd. Khadim is exploring partnerships with platforms like Zepto for utility products to boost sales. The company is optimizing its retail and online strategies, including price reductions and new product launches. It plans to expand into the athleisure segment and transition underperforming franchise stores to a commission-based model. Khadim reported a 2.5% revenue growth in Q3FY'25, reaching Rs 160.2 crore.