S.P. Apparels Recommends ₹3 Dividend, Approves 1:5 Share Split

S.P. Apparels Ltd announced its Board of Directors has approved a final dividend of ₹3.00 per share (30%) for the financial year ended March 31, 2026. The company also recommended a sub-division of existing equity shares from face value ₹10 to ₹2, a 1:5 split, to enhance liquidity and attract retail investors. The record date for the dividend payment is September 4, 2026. The company will hold its 21st Annual General Meeting virtually on September 21, 2026, where shareholders will vote on the share split and other proposals. The register of members will be closed from September 15 to September 21, 2026.