S.P. Apparels Approves Q1 FY27 Results, ₹3 Dividend, and 1:5 Stock Split

S.P. Apparels Ltd announced board approval for its standalone and consolidated financial results for the quarter ended June 30, 2026. The board also recommended a final dividend of ₹3.00 per share for FY26 and approved a 1:5 stock split, reducing the face value from ₹10 to ₹2 to enhance liquidity and attract small investors. Additionally, alterations to the SPAL Employee Stock Option Plan 2024 were approved, subject to shareholder and regulatory approvals. The company also announced the date for its 21st Annual General Meeting, scheduled for September 21, 2026, with a book closure from September 15-21, 2026.