Board Meeting16 May 2026, 09:30 pm
Sportking India: Board Approves FY26 Results, ₹1 Dividend
AI Summary
Sportking India Ltd's board approved standalone audited financial results for the quarter and year ended March 31, 2026. A final dividend of ₹1 per equity share was recommended. The board also approved the re-appointment of M/s R.R & Co as Cost Auditor for FY 2026-27. Furthermore, the board approved the acquisition of a majority stake in M/s Marvel Dyers and Processors Private Limited and the acquisition of manufacturing facilities of M/s Sobhagia Sales Private Limited through a slump sale.
Key Highlights
- Standalone audited financial results for FY26 approved with an unmodified auditor's opinion.
- Final dividend of ₹1 per equity share recommended for FY26, subject to shareholder approval.
- M/s R.R & Co re-appointed as Cost Auditor for the financial year 2026-27.
- Acquisition of majority stake in M/s Marvel Dyers and Processors Private Limited approved.
- Acquisition of manufacturing facilities of M/s Sobhagia Sales Private Limited via slump sale approved.