Sportking India Ltd

Sportking India Ltd has announced that its Board of Directors will convene on August 1, 2026. The primary agenda item for this meeting is to consider and approve the company's unaudited financial results for the quarter ending June 30, 2026. Additionally, the meeting will address any other business as permitted by the chair. The company also confirmed the closure of the trading window for designated persons and their relatives, effective from June 25, 2026, in compliance with its insider trading code.

Sportking India Ltd has announced the closure of its trading window for dealing in the company's securities. This closure applies to promoters, directors, key managerial persons, designated persons, and their immediate relatives. The window will be shut from July 1, 2026, until 48 hours after the declaration of the un-audited financial results for the quarter ended June 30, 2026. The specific date for the board meeting to approve these financial results will be communicated later. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Sportking India Ltd announced the commencement of commercial operations for its solar power project, established under a Solar Power Purchase Agreement (SPPA) with M/s Evincea Renewable Seven Private Limited. The project, located in Punjab, is expected to significantly reduce the company's power costs by approximately 12-13% annually. This initiative aligns with Sportking India's commitment to sustainable growth, energy efficiency, and the adoption of renewable energy sources, reinforcing its environmental and social objectives by reducing its carbon footprint and increasing the share of clean energy in its consumption.

Sportking India Ltd has announced a further delay in the commencement of its solar power supply agreement with M/s Evincea Renewable Seven Private Limited. The Scheduled Commercial Operation Date (SCOD) has been extended from May 31, 2026, to on or before June 10, 2026, due to ongoing technical processes in project implementation. All other terms of the agreement remain unchanged. The company has made prior disclosures regarding this Power Purchase Agreement on August 2, 2025, and April 30, 2026.

539221 received an email dated May 27, 2026, requesting clarification on significant movement in its scrip price. The company stated that the price movement is purely due to market conditions and is entirely market-driven. Management confirmed they have no control over or knowledge of the reasons behind the significant price fluctuations. The company reiterated its commitment to making all relevant disclosures in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sportking India Ltd reported audited financial results for FY26. Revenue remained stable at ₹2,495.9 Crs. EBITDA increased by 7.2% to ₹286 Crs, with a margin of 11.5%. Profit After Tax rose by 5.8% to ₹119.7 Crs, with a margin of 4.8%. The Board approved a majority stake acquisition in Marvel Dyers and Processors Private Limited and the acquisition of Sobhagia Sales Private Limited’s business on a slump sale basis. A final dividend of ₹1 per equity share was recommended.

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

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.

The Board of Directors of Sportking India Limited has recommended a final dividend of ₹1 per equity share of face value of ₹1 each, amounting to ₹1270.72 Lakhs, and 5% on Non-Cumulative Non-Convertible Redeemable Preference Shares of face value of ₹10 each amounting to ₹34.16 Lakhs for FY 2025-26. The dividend is subject to shareholder approval at the upcoming Annual General Meeting. The board also approved the re-appointment of Cost Auditors and acquisition of majority stake in M/s Marvel Dyers and Processors Private Limited and acquisition through slump sale of manufacturing facilities of M/s Sobhagia Sales Private Limited.

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.