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Other Textile Products
Quarterly Result16 May 2026, 08:21 pm

Sportking India: FY26 Results, ₹1 Dividend Recommended

AI Summary

Sportking India Ltd's board approved audited financial results for the year ended March 31, 2026. They recommended a final dividend of ₹1 per equity share and 5% on preference shares for FY 2025-26, subject to shareholder approval. The board also approved the re-appointment of M/s R.R & Co as Cost Auditor for FY 2026-27. Furthermore, they 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

  • Sportking India approved audited financial results for FY26.
  • A final dividend of ₹1 per equity share was recommended.
  • Re-appointment of M/s R.R & Co as Cost Auditor approved for FY27.
  • Approved acquisition of majority stake in Marvel Dyers and Processors Private Limited.
  • Approved acquisition of Sobhagia Sales Private Limited's manufacturing facilities via slump sale.