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    <title>Footwear maker Khadim expects demerger to be completed by March, plans quick commerce tie-ups</title>
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    <description>Demeger of the distribution and manufacturing arm into KSR Footwear Ltd is pending regulatory approval before the tribunal, targeted to take effect at the start of the next financial quarter with a planned public listing of the carved-out entity within subsequent months. The reorganisation is intended to unlock valuation and produce margin expansion for the core retail business. Complementary measures include shifting underperforming franchisee stores to a commission-based model and outsourcing warehousing to convert fixed e commerce costs into variable costs.</description>
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