S.P. Apparels Ltd Announces AGM, Dividend, and Share Split

S.P. Apparels Ltd has announced its 21st Annual General Meeting (AGM) will be held on September 21, 2026. The Board of Directors, in a meeting on August 11, 2026, approved the standalone and consolidated un-audited financial results for the quarter ended June 30, 2026. A final dividend of ₹3.00 per share (30%) for the financial year ended March 31, 2026, has been recommended, with a record date of September 4, 2026. Additionally, the company plans to sub-divide its equity shares from a face value of ₹10 to ₹2 (1:5 split) to enhance liquidity and attract small investors, subject to shareholder approval. Alterations to the SPAL Employee Stock Option Plan 2024 are also proposed. The book closure for the AGM is from September 15 to September 21, 2026, with a cut-off date of September 14, 2026, for remote e-voting.