S.P. Apparels Limited Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 11 Apr 2026, 02:37 AM
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AI Summary

S.P. Apparels Limited submitted its quarterly compliance certificate under SEBI Regulation 74(5) for Q4FY26 to stock exchanges on April 10, 2026. The certificate, issued by registrar MUFG Intime India Private Limited, confirms proper dematerialisation processes and adherence to regulatory requirements during the quarter ended March 31, 2026.

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S.P. Apparels Limited has filed its quarterly compliance certificate with stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The Tamil Nadu-based apparel manufacturer submitted the mandatory documentation for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company submitted the certificate to both Bombay Stock Exchange Limited and National Stock Exchange of India Limited on April 10, 2026. The filing was made under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which governs dematerialisation compliance requirements.

Filing Details: Information
Quarter Covered: March 31, 2026
Filing Date: April 10, 2026
Certificate Date: April 3, 2026
Regulation: SEBI Regulation 74(5)
Scrip Code (BSE): 540048
Symbol (NSE): SPAL

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's Registrar and Share Transfer Agent. The RTA issued the compliance certificate dated April 3, 2026, confirming adherence to dematerialisation requirements during Q4FY26.

The certificate confirms that securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to depositories within prescribed timelines. Additionally, the registrar verified that security certificates received for dematerialisation were mutilated and cancelled after due verification, with depositories' names substituted in the register of members as registered owners.

Company Leadership

K. Vinodhini, Company Secretary and Compliance Officer, signed the filing on behalf of S.P. Apparels Limited. The company maintains its registered office at 39-A, Extension Street, Kaikattipudur, Avinashi - 641 654, Tamil Nadu, India.

About the Filing

This quarterly compliance certificate represents a standard regulatory requirement for listed companies to ensure proper handling of dematerialised securities. The filing demonstrates S.P. Apparels Limited's commitment to maintaining regulatory compliance and transparent corporate governance practices in accordance with SEBI guidelines.

Historical Stock Returns for SP Apparels

1 Day5 Days1 Month6 Months1 Year5 Years
+4.45%+2.59%+12.03%+14.07%+8.84%+449.21%

Will S.P. Apparels announce its Q4FY26 financial results soon, and what revenue growth is expected from the apparel manufacturing segment?

How might the company's compliance track record impact its eligibility for upcoming regulatory benefits or ESG-focused investment funds?

Could S.P. Apparels be planning any corporate actions like bonus issues or stock splits that would require enhanced dematerialization processes?

S.P. Apparels Issues ₹27.96 Crore Corporate Guarantee to HSBC Bank for Associate Company

1 min read     Updated on 07 Apr 2026, 01:58 AM
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Radhika SScanX News Team
AI Summary

S.P. Apparels Limited issued a corporate guarantee of ₹27,96,26,400 to HSBC Bank on April 6, 2026, as security for a term loan facility availed by associate company Jumeirah Lanka Pvt Limited. The transaction involves related party interest through common directorship of Mr. P. Sundararajan. The company disclosed that the guarantee will only impact financial statements as a contingent liability with no operational effects.

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S.P. Apparels Limited has issued a corporate guarantee of ₹27.96 crores to HSBC Bank as security for a term loan facility availed by its associate company. The textile manufacturer made this disclosure under Regulation 30 of SEBI regulations on April 6, 2026.

Corporate Guarantee Details

The company issued the guarantee to The Hongkong and Shanghai Banking Corporation Limited for an amount of ₹27,96,26,400. This guarantee serves as security for the term loan facility availed by Jumeirah Lanka Pvt Limited, which is an associate company of S.P. Apparels Limited.

Parameter Details
Guarantee Amount ₹27,96,26,400
Beneficiary Bank The Hongkong and Shanghai Banking Corporation Limited
Beneficiary Company Jumeirah Lanka Pvt Limited
Date of Issuance April 6, 2026
Purpose Security for term loan facility

Related Party Transaction

The transaction involves a related party interest, as disclosed by the company. Mr. P. Sundararajan, who serves as Chairman & Managing Director of S.P. Apparels Limited, also holds a directorship position in Jumeirah Lanka Pvt Limited. This creates a connection between the guarantor and the beneficiary company through common management.

Financial Impact Assessment

According to the company's disclosure, the corporate guarantee will have minimal operational impact on S.P. Apparels Limited. The primary effect will be the recognition of this guarantee as a contingent liability in the company's financial statements, as required under accounting standards.

Impact Category Details
Operational Impact No direct impact on operations
Financial Statement Impact Disclosure as contingent liability
Regulatory Compliance Filed under Regulation 30 of SEBI regulations

Regulatory Compliance

The disclosure was made in compliance with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company secretary K. Vinodhini signed the disclosure document, ensuring proper regulatory compliance for this corporate guarantee transaction.

Historical Stock Returns for SP Apparels

1 Day5 Days1 Month6 Months1 Year5 Years
+4.45%+2.59%+12.03%+14.07%+8.84%+449.21%

What is the intended use of the ₹27.96 crore term loan by Jumeirah Lanka, and how might this investment impact S.P. Apparels' future business expansion?

Could this guarantee arrangement signal deeper strategic integration between S.P. Apparels and its Sri Lankan associate company?

How might this contingent liability affect S.P. Apparels' credit rating and future borrowing capacity for its own expansion plans?

More News on SP Apparels

1 Year Returns:+8.84%