StockWatch
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Other Textile Products
Auditor16 May 2026, 08:51 pm

Sportking India Re-appoints M/s R.R & Co as Cost Auditor

AI Summary

Sportking India Ltd's board re-appointed M/s R.R & Co as Cost Auditor for FY 2026-27. The board also approved audited financial results for the year ended March 31, 2026, recommended a final dividend of ₹1 per equity share, and 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 slump sale.

Key Highlights

  • M/s R.R & Co re-appointed as Cost Auditor for FY 2026-27.
  • Final dividend of ₹1 per equity share recommended for FY 2025-26.
  • 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.
  • Standalone Audited Financial Results approved with unmodified opinion.