Sky Industries fixes record date for 10% dividend

Sky Industries Limited has fixed Friday, July 17, 2026, as the record date for the payment of a final dividend of 10%, or Re. 1 per equity share, for the financial year 2025-26. The dividend is subject to the approval of members at the upcoming Annual General Meeting. The company communicated the tax deduction at source (TDS) requirements for the dividend in an email to shareholders on July 10, 2026. Shareholders must submit necessary documents, such as Form 121 and valid Tax Residency Certificates, by July 17, 2026, to ensure the correct tax rate is applied; failure to do so may result in a higher deduction.

The 37th Annual General Meeting of the company will be held on Saturday, August 01, 2026, at 11:00 A.M. IST through Video Conferencing (VC) and Other Audio Visual Means (OAVM). The facility is provided by National Securities Depositories Limited (NSDL) in compliance with the Companies Act, 2013 and relevant SEBI Master Circulars. The notice of the AGM along with the Annual Report for FY26 was disseminated electronically on July 10, 2026. The Board of Directors recommended the dividend at its meeting on May 15, 2026.

E-Voting Schedule

Shareholders whose names are recorded in the Register of Members or in the list of beneficial positions as on the cut-off date of July 17, 2026, are entitled to vote. Remote e-voting will be available from July 29, 2026, at 09:00 A.M. IST to July 31, 2026, at 5:00 P.M. IST. Members who have cast their votes remotely cannot vote again during the AGM. The Board has appointed M/s. Disha Ramani & Associates, Practicing Company Secretaries, as the Scrutinizer for the e-voting process.

Tax Compliance Details

Under the Income Tax Act, 2025, dividends are taxable in the hands of shareholders. For resident individuals with a valid PAN, TDS is deducted at 10%, while those without a valid PAN or with an unlinked Aadhaar face a 20% deduction. Resident individuals are exempt from TDS if their total dividend income does not exceed ₹10,000 or if they furnish Form 121. Non-resident shareholders are subject to a withholding tax of 20%, plus surcharge and cess, unless they provide a valid certificate for lower or nil deduction under the Double Tax Avoidance Agreement (DTAA).

Financial Performance

For the year ended March 31, 2026, Sky Industries reported revenue from operations of ₹8641.32 lakh, an increase from ₹8408.83 lakh in the previous year. Profit after tax rose to ₹606.95 lakh compared to ₹582.09 lakh in FY25, while earnings per share improved to ₹7.69 from ₹7.42. The operating profit (EBIDTA) stood at ₹1163.27 lakh, up from ₹1066.24 lakh in the prior year.

Particulars	FY 2025-26 (₹ in lakh)	FY 2024-25 (₹ in lakh)	% of Change
Revenue from operations	8641.32	8408.83	2.76
Operating profit (EBIDTA)	1163.27	1066.24	9.07
Profit before tax	799.35	780.74	2.38
Profit after tax	606.95	582.09	4.27
Earnings per equity share (₹)	7.69	7.42	3.64

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.55%	-0.08%	+5.85%	+0.05%	-11.77%	+11.51%

Sky Industries Limited is set to participate in Bharat TEX 2026, a Global Textile EXPO scheduled to take place in New Delhi from July 14, 2026 to July 17, 2026. The company will utilize this platform to showcase its comprehensive product range, specifically its Hook & Loop Fastening Solutions, to a global audience. This strategic participation underscores the company's commitment to strengthening stakeholder engagement and expanding its business network to identify opportunities for sustainable growth.

The exhibition will be held at Bharat Mandapam in New Delhi, where Sky Industries has secured Booth No. 12A-B9 in Hall No. 12A-B9. The event is expected to serve as a significant venue for the company to interact with industry peers and potential clients.