Sky Industries Board Meeting Scheduled for May 15, 2026 to Consider Q4 FY26 Financial Results

Sky Industries has informed the stock exchange of an upcoming Board of Directors meeting scheduled for Friday, May 15, 2026, pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was filed on May 09, 2026, and signed by Maikal Raorani, Whole Time Director & CFO.

Key Agenda Items for the Board Meeting

The board meeting has been convened to address several significant matters. The following table outlines the key agenda items:

Agenda Item:	Details
Financial Results:	Consider, approve and take on record the Audited Standalone and Consolidated Financial Results for the Quarter and Year ended March 31, 2026
Dividend Consideration:	Consider and recommend Final Dividend, if any, for the Financial Year ended March 31, 2026
Other Business:	Discuss any other business matter, if required, with the permission of the Chair

Trading Window Closure

In continuation of an earlier intimation dated March 23, 2026 regarding the closure of the trading window, Sky Industries has reiterated that the trading window for securities of the company shall remain closed for all designated persons and their immediate relatives. The window will remain shut until 48 hours after the declaration of the financial results.

This measure is in compliance with applicable SEBI regulations governing insider trading restrictions during periods when unpublished price-sensitive information is in circulation. The filing was made to the Listing/Compliance Department of BSE Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.23%	0.0%	0.0%	0.0%	0.0%	+13.27%

Sky Industries Limited has entered into a strategic Memorandum of Understanding with the Government of Gujarat for establishing a new manufacturing facility in the state. The MoU was signed on May 02, 2026, in Surat, Gujarat, as part of the Investment Promotion activity for Vibrant Gujarat Regional Conference.

Project Details and Investment

The agreement focuses on establishing a Technical Textiles & Apparels manufacturing unit in Gujarat with a substantial financial commitment from the company.

Parameter:	Details
Investment Amount:	₹49.00 crore
Project Type:	Technical Textiles & Apparels manufacturing unit
Location:	State of Gujarat
Signing Date:	May 02, 2026
Signing Venue:	Surat, Gujarat
Expected Commencement:	2026

MoU Terms and Government Support

The Memorandum of Understanding serves as a facilitation arrangement between Sky Industries Limited and the Government of Gujarat. Importantly, this agreement does not constitute a binding commercial contract but establishes a framework for cooperation.

Under the terms of the MoU, the Government of Gujarat will provide comprehensive support to facilitate the project implementation:

Assistance in obtaining necessary permissions and registrations
Support for required approvals and clearances
Coordination with concerned state government departments
Facilitation as per applicable state policies, rules, and regulations

Regulatory Compliance and Disclosure

The company has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was signed by Maikal Raorani, Whole Time Director & CFO, ensuring proper corporate governance protocols are followed.

Compliance Details:	Information
Regulation:	SEBI Regulation 30
Parties:	Sky Industries Limited and Government of Gujarat
Shareholding in Partner Entity:	Not applicable
Transaction Value:	₹49.00 crore (proposed investment)

Strategic Significance

This MoU represents Sky Industries Limited's expansion strategy into the technical textiles and apparels manufacturing sector. The choice of Gujarat as the location aligns with the state's industrial infrastructure and supportive business environment. The project is expected to contribute to the company's manufacturing capabilities and market presence in the technical textiles segment.

The signing of this MoU during the Vibrant Gujarat Regional Conference demonstrates the company's commitment to participating in the state's industrial development initiatives and leveraging the investment promotion opportunities provided by the Gujarat government.