Sportking India Limited — Others, 02-08-2025: Change in Director(s)
02-08-2025 | 07:44 pm
02-08-2025 | 07:44 pm
Sportking India's board approved the financial results for the quarter. Key leadership changes were approved, including new independent directors and re-appointments for the MD & CEO and Whole-time Director. A major greenfield expansion project was greenlit to add 1,50,000 spinning spindles in Odisha, with an estimated capital outlay of Rs. 1,000 Cr, funded by debt and internal accruals. This aims to significantly boost manufacturing capacity and market standing. The company also appointed a new Secretarial Auditor. The 36th Annual General Meeting is scheduled for August 30, 2025, with August 23, 2025, as the record date for dividend eligibility.
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