Sky Industries to showcase products at IIFF 2026 in New Delhi

0 min read     Updated on 22 Jul 2026, 08:20 PM
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Reviewed by
Naman SScanX News Team
AI Summary

Sky Industries Limited is set to participate in the India International Footwear Fair (IIFF) 2026 in New Delhi from August 6 to 8. The company will exhibit its Hook & Loop Fastener Tapes and fastening solutions at booth 5G-26-H to engage with stakeholders and generate business.

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sky industries will participate in the India International Footwear Fair (IIFF) 2026, scheduled from August 6 to August 8, 2026, at Bharat Mandapam in New Delhi. The company aims to utilize this platform to interact with stakeholders, showcase its products, and explore potential business opportunities as part of its business development activities.

The 10th edition of the expo will feature Sky Industries at booth number 5G-26-H. The company plans to display premium quality Hook & Loop Fastener Tapes and innovative fastening solutions tailored for the footwear industry.

Details regarding the participation are as follows:

Event Detail Information
Name of EXPO India International Footwear Fair (IIFF) 2026 - 10th Edition
Dates Thursday, August 06, 2026 - Saturday, August 08, 2026
Venue Bharat Mandapam, New Delhi
Booth Details 5G-26-H

The information regarding the participation has been submitted to BSE Limited. The company will also host details of the exhibition on its official website, www.skycorp.in .

Historical Stock Returns for Sky Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-5.21%+2.59%+14.20%+29.08%-11.79%+35.90%

What new orders or partnerships does Sky Industries expect to secure during the IIFF 2026?

How will the company's participation in IIFF 2026 impact its revenue growth in the upcoming fiscal year?

What innovative fastening solutions will Sky Industries showcase, and how do they compare to competitors?

Sky Industries fixes record date for 10% dividend

2 min read     Updated on 11 Jul 2026, 12:59 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Sky Industries Limited has fixed July 17, 2026, as the record date for a 10% final dividend for FY26, subject to AGM approval. The company outlined TDS compliance requirements and announced the 37th AGM on August 01, 2026, via video conferencing, with remote e-voting available from July 29 to 31. Financial results for FY26 showed a rise in revenue to ₹8641.32 lakh and profit after tax to ₹606.95 lakh.

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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

Historical Stock Returns for Sky Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-5.21%+2.59%+14.20%+29.08%-11.79%+35.90%

Will Sky Industries maintain this dividend payout ratio given the modest growth in profit after tax?

What capital allocation strategies does the company plan to pursue to drive revenue growth beyond the current 2.76%?

How will the implementation of the new Income Tax Act, 2025 requirements impact shareholder participation and compliance costs?

More News on Sky Industries

1 Year Returns:-11.79%