S. P. Apparels (SPAL) — Corporate Action

📢 Key Event
Board approves final dividend, 1:5 stock split, and ESOP alteration pending shareholder AGM approval

🔄 What Changed
Final dividend of Rs.3 per share (30% yield) proposed; 1:5 stock split announced; ESOP alteration approved pending shareholder vote

🔮 What's Next
Record date for split to be announced after shareholder approval; AGM scheduled for September 21, 2026

💡 Investor Takeaway
Shareholders will receive a Rs.3 dividend per share and benefit from a 1:5 stock split that makes shares more affordable and liquid, pending AGM approval.

S.P. Apparels announced on August 11, 2026, that its board approved a final dividend of Rs.3 per share (30% yield) for FY26, a 1:5 stock split (face value reduced to Rs.2), and related changes to the employee stock option plan, all pending shareholder approval at the September 21, 2026 AGM. The record date for the split will be set later.

📄 View Original Announcement (PDF)

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About S. P. Apparels Limited (SPAL)

Textiles · Readymade Garments/ Apparells · Listed on NSE

Market Cap: ₹2,649.26 Cr P/E: 25.2 ROE: 12.3% ROCE: 15.6%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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