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The company was established in 1989, it is a leading manufacturer and exporter of knitted garments for infants and children in India. These are manufactured at the integrated facilities that allow providing end-to-end garment manufacturing services from greige fabric to finished products., Mr. P. Sundararajan is the Chairman and Managing Director of our Company.. The company provides end-to-end garment manufacturing…
SPAL: Managing Director P. Sundararajan sold 5,00,000 equity shares through a market transaction. This insider sale alters shareholding.
SPAL has announced its 21st Annual General Meeting will be held virtually. Shareholders without registered emails received annual report web-links. The company urges physical shareholders to update KYC details and dematerialize shares; incomplete KYC will limit future payments to electronic modes.
S.P. Apparels Ltd. terminated a loan agreement with its UK subsidiary as no funds were disbursed due to unfulfilled conditions. This termination has no material financial or business impact on the company.
SPAL has extended an unsecured loan of up to GBP 450,000 to its wholly-owned UK subsidiary. This loan, bearing 7% annual interest, supports the subsidiary's business operations and is repayable within 3 years.
S. P. Apparels: A designated insider, Mrs. P.V. Jeeva, sold 2245 company equity shares via a market transaction. This disclosure highlights insider activity which investors often monitor for sentiment shifts.