S.P. APPARELS LTD.
NSE : SPALBSE : 540048ISIN
CODE : INE212I01016Industry : TextileHouse
: Private
BSE562.900 (0 % )
PREV CLOSE (Rs.) 562.90
OPEN PRICE (Rs.) 558.75
BID PRICE (QTY) 560.90 (2 )
OFFER PRICE (QTY) 562.90 (2 )
VOLUME 259
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE562.30 -0.75 (-0.13 % )
PREV CLOSE(Rs.) 563.05
OPEN PRICE (Rs.) 568.50
BID PRICE (QTY) 561.70 (1 )
OFFER PRICE (QTY) 562.90 (4 )
VOLUME 7015
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 06-Feb-2024 | KPI Green Energy, Ashok Leyland and Bharti Airtel to see some action today | <p style="text-align: justify;"><b>KPI Green Energy</b>'s wholly owned subsidiary -- KPIG Energia has received new order from Aether Industries for executing solar power project under ‘Captive Power Producer (CPP)' Segment of the Company. The aggregate order size is 15 MW. The projects are scheduled to be completed in the financial year 2024-25, in various tranches as per the terms of the order.</p><p style="text-align: justify;"><b>Ashok Leyland</b> has commenced delivery of its intermediate and heavy duty electric trucks to its customers. The keys of 14T Boss Electric Truck were handed over to Billion E-Mobility at the inaugural edition of the Bharat Mobility Global Expo 2024 in New Delhi.</p><p style="text-align: justify;"><b>Bharti Airtel</b> has reported 10.05% rise in its consolidated net profit at Rs 2876.40 crore for Q3FY24 as compared to Rs 2613.70 crore for the same quarter in the previous year. Total income of the company increased by 6.31% at Rs 38339.30 crore for Q3FY24 as compared Rs 36062.00 crore for corresponding quarter of the previous year.</p><p style="text-align: justify;"><b>Vodafone Idea</b>'s (Vi) enterprise arm -- Vi Business has launched Vi Business IoT Smart Central - a future-ready, fully integrated, self-care IoT connectivity and device management platform. The newly launched Vi Business IoT Smart Central platform empowers enterprises to control, monitor, and manage IoT assets remotely on a real-time basis.</p><p style="text-align: justify;"><b>Prithvi Exchange (India)</b> has expanded its presence in Indore with opening of new branch. It sought to offer forex services in the convenience of a contemporary and technologically updated atmosphere and it hopes to give all of its clients the best service possible. By building more branches in the near future, the firm hopes to increase its footprint across the nation.</p><p style="text-align: justify;"><b>S.P. Apparels</b> has entered into a Memorandum of Understanding (MoU) for the purchase of Young Brand Apparel (YBAPL) by way of acquisition of 51.33% Equity Shares. The company aims to expand the business in U.S.A. and the acquisition of YBAPL will improve the synergies of both companies in terms of customer base and target markets. </p><p style="text-align: justify;"><b>Tata Motors</b> has started working on its gigafactory in Somerset in the UK, and the financial closure for the project is underway. The site has been procured and the company has already started the land-levelling work in that space. The company had last year in July announced plans to set up a global battery cell gigafactory in the UK at an investment of over 4 billion pounds to help power the automotive sector's transition to electric mobility.</p> |
| 05-Feb-2024 | S.P. Apparels inks MoU to acquire 51.33% stake in Young Brand Apparel | <p style="text-align: justify;">S.P. Apparels has entered into a Memorandum of Understanding (MoU) for the purchase of Young Brand Apparel (YBAPL) by way of acquisition of 51.33% Equity Shares. The company aims to expand the business in U.S.A. and the acquisition of YBAPL will improve the synergies of both companies in terms of customer base and target markets. </p><p style="text-align: justify;">This acquisition will be a great support to the core business of S.P. Apparels to expand its future business. The proposed acquisition is expected to be completed on or before May 31, 2024, subject to the approvals of necessary regulatory approvals. </p><p style="text-align: justify;">S.P. Apparels is a leading manufacturer and exporter of knitted garments for infants and children in India.</p><div style="text-align: justify;"><br></div> |
| 08-Jan-2024 | S.P. Apparels inks MoU for purchase of Garment unit | <p style="text-align: justify;">S.P. Apparels has entered into Memorandum of Understanding for purchase/transfer of Garment unit located at Palladam Hi-Tech Weaving Park, Palladam, Tamil Nadu and purchase of 6.43 Acres of Land with Building situated at Site No. R-44, SIPCOT, Perundurai, both the properties vested with M/s Bannari Amman Spinning.</p><p style="text-align: justify;">This acquisition will improve the synergies of both companies in terms of customers and this will be a great support for the core business of S.P. Apparels. The said transaction is expected to be completed by February 28, 2025. </p><p style="text-align: justify;">S.P. Apparels is a leading manufacturer and exporter of knitted garments for infants and children in India.</p> |
| 23-Sep-2023 | S.P. Apparels informs about outcome of AGM | <div style="text-align: justify;">SP Apparels has informed that the 18th Annual General Meeting of the Company was duly held on Friday the 22nd day of September, 2023 at 04:00 PM (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM) in accordance with the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 (as amended), Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the relevant circulars issued by the Ministry of Corporate Affairs (MCA Circulars) and the Securities and Exchange Board of India (SEBI Circulars) during the years 2020, 2021, 2022 & 2023 and as per the applicable provisions of the Companies Act, 2013 read with relevant rules made thereunder and the proceedings of the said meeting is given hereunder: K Vinodhini, Company Secretary, welcomed all the members and informed that this 18 th Annual General Meeting of the Company is being held through Video Conferencing / Other Audio Visual Means (VC/OAVM) facility.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
| 23-Sep-2023 | S.P. Apparels submits scrutinizer report and voting results | <p style="text-align: justify;">S.P. Apparels has informed that the 18th Annual General Meeting (AGM) of the members of the Company was held on Friday, 22nd September 2023 at 04.00 pm via Video conference (VC)/ Other Audio-Visual Means ('OAVM'), to transact the business mentioned in the Notice of the Annual General Meeting dated 11.08.2023. All the items of the business mentioned in the 18th Annual General Meeting notice of the Company have been transacted therein. All the resolutions indicated in the notice were also passed with requisite majority. The Scrutinizers Report and Voting Results is enclosed.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 04-Sep-2023 | S.P. Apparels gets nod to incorporate wholly owned subsidiary | <p style="text-align: justify;">S.P. Apparels has received approval from board of directors to incorporate wholly owned subsidiary of the company in the name and style of ‘S.P. Apparels International'. The objective of incorporation of wholly owned subsidiary is to carry on the business of manufacturers, importers, exporters, buyers, sellers, dealers and as agents, stockists, distributors and suppliers of all kinds of readymade garments clothing, textile, cotton, silk etc. The Board of Directors of the Company at their meeting held on September 02, 2023, considered and approved the same. </p><p style="text-align: justify;">SP Apparels is a leading manufacturer and exporter of knitted garments for infants and children in India.</p> |
| 01-Sep-2023 | SP Apparels informs about newspaper publication | <div style="text-align: justify;">As per Regulation 47(1) of SEBI(LODR) Regulation 2015, SP Apparels has informed that it enclosed copy of the newspaper advertisement containing ‘Notice of the 18' Annual General Meeting and E-Voting Information published on 01.09.2023 in ‘Financial Express' and ‘Dhinamani'. </div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 30-Aug-2023 | S.P. Apparels informs about newspaper publication | <p style="text-align: justify;">S.P. Apparels has informed that it has enclosed a copy of the newspaper advertisement containing 'Notice to the Shareholders' on 18 AGM of the Company to be held on September 22, 2023 through Video Conference(VC) / other Audio Visual Means (OAVM) published in 'Financial Express' and 'Dhinamani' on August 30, 2023 for your records and dissemination.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 16-Aug-2023 | S.P. Apparels proposes to incorporate subsidiary in Sri Lanka | <p style="text-align: justify;">S.P. Apparels has proposed to incorporate subsidiary Company in Sri Lanka, in consideration of strategical advantages and cost effective manufacturing circumstances. </p><p style="text-align: justify;">SP Apparels is a leading manufacturer and exporter of knitted garments for infants and children in India.</p><div style="text-align: justify;"><br></div> |
| 16-Aug-2023 | SP Apparels informs about proposal to incorporate subsidiary company | <div style="text-align: justify;">As per the provisions of Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, SP Apparels has informed that, in consideration of strategical advantages and cost-effective manufacturing circumstances, the company proposes to incorporate subsidiary Company in Srilanka. Further due updates on the said material information will be updated to the exchanges on timely basis.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
