Sportking India Ltd

Sportking India Ltd has issued a clarification regarding its Annual Report for the financial year 2025-26. An inadvertent typographical error was identified on Page 125 under 'Other Equity'. The 'Retained Earnings – Balance as at 1st April, 2025' was incorrectly stated as ₹91,240.78 lakhs, with the correct figure being ₹91,349.32 lakhs. Similarly, 'Total Equity' was misstated as ₹99,295.34 lakhs, and the accurate amount is ₹99,403.88 lakhs. The company emphasizes that this is a purely typographical error with no impact on the underlying financial position or accounting treatment. A revised Annual Report incorporating these corrections has been enclosed.

Sportking India Ltd has announced its 37th Annual General Meeting (AGM) will be held on Saturday, September 12, 2026, at 10:30 AM IST at its registered office in Ludhiana. The company is sending the AGM notice and the Annual Report for FY 2025-26 to its members. For members whose email addresses are not registered, a physical letter with web links, path, and QR codes to access these documents is being dispatched. The Annual Report and AGM Notice are also available on the company's website. Members with queries regarding KYC or demat accounts are directed to contact their respective Depository Participants or the Registrar and Transfer Agent, Beetal Financial & Computer Services Pvt Ltd.

Sportking India Ltd has announced the record date for the payment of its final dividend for the Financial Year 2025-26. The dividend, recommended at Rs. 1/- per equity share (100%), is subject to shareholder approval at the upcoming 37th Annual General Meeting (AGM). The record date is set for Saturday, 05th September 2026. Consequently, the company's Register of Members and Share Transfer Books will be closed from Sunday, 06th September 2026, to Saturday, 12th September 2026, inclusive, for the AGM and dividend payment process.

Sportking India Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, as per SEBI regulations. The report, available on the company's website and as part of the Annual Report, details the company's operations, products, employee data, and market reach. Key disclosures include that the company's reporting is on a standalone basis, and it has not obtained external assurance for the BRSR Code for FY 2025-26. The company's primary business activity is the manufacturing of cotton/polyester cotton blended yarn and synthetic yarn, contributing 100% of its turnover, with textiles being its sole product category. Exports constitute approximately 51% of its total turnover.

Sportking India Limited has announced its 37th Annual General Meeting (AGM) to be held on September 12, 2026, at 10:30 AM at its registered office. The meeting will be conducted in physical mode. The company will transact businesses as outlined in the Notice of the AGM. Enclosed with the filing are the Notice of the AGM with an explanatory statement and the Annual Report for the financial year ended March 31, 2026. The Annual Report includes standalone financial statements, auditors' report, Board of Directors' report, and the Business Responsibility and Sustainability Report (BRSR). The company is facilitating remote e-voting and will also provide voting via poll/ballot paper at the AGM venue for members who have not voted remotely. The Annual Report is also available on the company's website.

Sportking India Limited has announced its 37th Annual General Meeting (AGM) will be held on Saturday, September 12, 2026, at 10:30 AM at its registered office through physical mode. The meeting will cover businesses outlined in the AGM notice, including the presentation of the Annual Report for the financial year ended March 31, 2026, which comprises standalone financial statements, auditors' report, Board of Directors' report, and the Business Responsibility and Sustainability Report (BRSR). Members will have the option for remote e-voting and voting via poll/ballot paper at the AGM venue. The Annual Report is also available on the company's website.

Sportking India Ltd reported strong Unaudited Financial Results for Q1 FY27, with revenue from operations reaching ₹703.7 Crs, a 20.1% year-on-year increase. Profit After Tax (PAT) surged by 122.8% YoY to ₹76.0 Crs. EBITDA grew by 90.3% YoY to ₹132.2 Crs, with EBITDA margin improving to 18.8%. The company's greenfield expansion project in Odisha is on track, with the first phase expected to commence in Q3 FY27. A solar power project was also commissioned, aiming for 12-13% annual power cost savings. The company highlighted stable demand in key export markets and positive impacts from the India-UK FTA and temporary removal of import duty on cotton.

Sportking India Limited announced a change in the designation of Mrs. Anjali Avasthi from Non-Executive Director to Whole-time Director, designated as Executive Director. This change is effective from August 1, 2026, for a period of three years, subject to shareholder approval at the upcoming 37th Annual General Meeting (AGM). The Board also approved the unaudited financial results for the quarter ended June 30, 2026. The 37th AGM is scheduled for September 12, 2026. Mrs. Avasthi has confirmed she is not debarred from holding a director's office.

Sportking India Limited's Board of Directors convened on August 1, 2026, approving the unaudited financial results for the quarter ended June 30, 2026. The board also approved a change in designation for Mrs. Anjali Avasthi from Non-Executive Director to Executive Director for three years, effective August 1, 2026. Additionally, the 37th Annual General Meeting (AGM) has been scheduled for September 12, 2026. The company confirmed Mrs. Avasthi is not debarred from holding directorship by any regulatory authority.

Sportking India Ltd announced its Unaudited Financial Results for the Quarter ended 30th June 2026. The Board of Directors approved these results in a meeting held on 01st August 2026. The company also submitted a Limited Review Report for the same period. The results reflect the company's financial performance for the first quarter of the fiscal year 2027. A change in accounting policy for raw material valuation, impacting work-in-progress and finished goods, was also noted and applied retrospectively.