S P Apparels Ltd (SPAL) — Board Meeting | 28 August 2026

· BSE 🟡 Notable Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
📢 Key Event
Propose 1:5 share split and MoA amendment at AGM
🔄 What Changed
Authorized share capital reduced from 472.5 million to 236.25 million shares post-split
🔮 What's Next
Record date for split to be set by board; voting on capital restructuring
💡 Investor Takeaway
Share split aims to improve liquidity and make shares more affordable for retail investors

S P Apparels Ltd announced its 21st AGM on 21 September 2026 via video conference, proposing a 1:5 share split reducing face value from Rs.10 to Rs.2 and amending the Memorandum of Association. Shareholders will vote on special resolutions including capital clause changes and director reappointments, with record date procedures pending board determination. The filing details electronic voting protocols, dividend payment rules, and compliance requirements for remote participation.

📄 View Original Announcement (PDF)

About S P Apparels Ltd (SPAL)

Textiles · Readymade Garments/ Apparells · Listed on BSE

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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