S.P. Apparels Ltd

Mr. P. Sundararajan, Managing Director of S.P. Apparels Limited, has sold 5,00,000 equity shares of the company through a market transaction. This disclosure was made in compliance with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The sale represents a portion of his total shareholding, reducing his stake from 49.88% to 48%. The transaction occurred on August 28, 2026.

S.P. Apparels Ltd has announced its 21st Annual General Meeting (AGM) to be held on Monday, September 21, 2026, at 4:00 PM IST via Video Conferencing (VC) / Other Audio Visual Means (OVAM). The meeting agenda includes the adoption of standalone and consolidated financial statements for the fiscal year ended March 31, 2026, declaration of dividend, appointment of a director, and a special business item: the sub-division of equity shares from Rs. 10/- to Rs. 2/-. The book closure for the AGM is scheduled from September 15, 2026, to September 21, 2026, with a cut-off date of September 14, 2026.

S.P. Apparels Ltd has informed the stock exchanges about the dispatch of a letter to shareholders who have not registered their email IDs. This letter provides a web-link to the Annual Report for the Financial Year 2025-26, in compliance with SEBI Listing Regulations. The 21st Annual General Meeting (AGM) is scheduled for September 21, 2026, via Video Conferencing. The company also reminded shareholders to update KYC details and dematerialize physical securities, highlighting the electronic payment mandate for dividends and other payments from April 1, 2024, for folios lacking updated information.

S.P. Apparels Ltd has disclosed its Annual Report for FY 2025-26, detailing a strong financial performance. The company reported a consolidated revenue from operations of ₹1,578 crore, a 13.2% increase year-on-year from ₹1,395 crore in FY25. EBITDA rose to ₹217 crore from ₹187 crore, with an improved EBITDA margin of 13.8%. Profit after tax stood at ₹100.95 crore, up from ₹95.10 crore in the previous fiscal. The Garment Division, including Young Brand Apparel, achieved adjusted operational revenue of ₹1,421 crore and adjusted EBITDA of ₹230 crore. The report highlights strategic progress, disciplined growth, and resilience amidst global apparel market challenges, including shifting sourcing patterns and geopolitical disruptions. The company emphasized strengthening its Sri Lanka operations for geographic diversification and risk reduction.

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.

S.P. Apparels Ltd announced a significant Board Meeting outcome on August 11, 2026. Key decisions include the approval of standalone and consolidated un-audited financial results for Q4 FY26, recommendation of a final dividend of ₹3.00 per share, and a sub-division of existing equity shares from ₹10 face value to ₹2 face value (1:5 split). This split aims to enhance liquidity and affordability for small investors. The company also approved alterations to its Memorandum of Association and the SPAL Employee Stock Option Plan 2024. The 21st Annual General Meeting is scheduled for September 21, 2026, for shareholder approval of these changes. The book closure date is set from September 15-21, 2026.

S.P. Apparels Ltd announced a 1:5 stock split, dividing existing equity shares of face value Rs. 10 into shares of Rs. 2 each. This move aims to enhance liquidity and attract smaller investors. The Board also recommended a final dividend of Rs. 3.00 per share for FY26 and approved alterations to the SPAL Employee Stock Option Plan 2024. The company will hold its 21st Annual General Meeting virtually on September 21, 2026, with a record date for dividend yet to be announced. The split is subject to shareholder and regulatory approvals.

S.P. Apparels Ltd announced its Board of Directors meeting held on August 11, 2026, approved standalone and consolidated un-audited financial results for Q1 FY27. A final dividend of ₹3.00 per share for FY26 was recommended, with a record date of September 4, 2026. The company also proposed a 1:5 stock split, converting ₹10 face value shares to ₹2, subject to shareholder approval. The book closure for the 21st AGM is from September 15-21, 2026, with a cut-off date of September 14, 2026, for e-voting. The AGM is scheduled for September 21, 2026.

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.

S.P. Apparels Ltd announced key decisions from its Board Meeting held on August 11, 2026. The board 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. The company also declared financial results for Q1 FY27 and approved alterations to its Employee Stock Option Plan. The record date for dividend is September 4, 2026. The 21st AGM will be held virtually on September 21, 2026, with a cut-off date of September 14, 2026, for e-voting.