Sportking India sets Sept 5 record date for ₹1 per share final dividend

1 min read     Updated on 17 Aug 2026, 12:58 PM
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AI Summary

Sportking India Limited has confirmed September 5, 2026 as the record date for its FY26 final dividend of ₹1 per share. The payout, recommended by the Board in May 2026, requires shareholder approval at the upcoming AGM. Share transfer books will be closed from September 6 to September 12, 2026.

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Sportking India Limited has set September 5, 2026 as the record date for the payment of its final dividend for the financial year 2025-26. The company’s Board of Directors had previously recommended a final dividend of ₹1 per equity share of face value ₹1 each during its meeting on May 16, 2026. This recommendation represents a 100% dividend on the face value and remains subject to approval by shareholders at the company’s 37th Annual General Meeting (AGM).

Dividend Payment Details

Shareholders registered in the company’s books as of the record date will be eligible to receive the dividend, provided the proposal receives necessary ratification at the AGM. The register of members and share transfer books will remain closed from September 6, 2026 to September 12, 2026 (both days inclusive) to facilitate the AGM proceedings and dividend disbursement.

Detail Information
Dividend Amount: ₹1 per equity share
Face Value: ₹1
Record Date: September 5, 2026
Book Closure Period: September 6, 2026 – September 12, 2026
Approval Status: Subject to AGM approval

Regulatory Compliance

The intimation was issued pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. It also aligns with Section 91 of the Companies Act, 2013 and the applicable rules made thereunder. Lovlesh Verma, Company Secretary of Sportking India Limited, signed the communication dated August 17, 2026.

Historical Stock Returns for Sportking

1 Day5 Days1 Month6 Months1 Year5 Years
+3.01%-3.94%+4.60%+86.69%+90.33%+99.71%

How might the upcoming AGM approval process impact short-term trading volatility for Sportking India Limited shares?

Does this 100% dividend payout ratio indicate a shift in the company's capital allocation strategy towards shareholder returns versus reinvestment?

What are the expected tax implications for retail investors receiving this dividend given the current Indian tax regime on equity dividends?

Sportking India files FY26 sustainability report with turnover of ₹24,958 crore

2 min read     Updated on 17 Aug 2026, 12:31 PM
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AI Summary

Sportking India Limited filed its FY26 BRSR, reporting a turnover of ₹249,585.66 lakh and net worth of ₹111,590.04 lakh. Exports contributed 51% to sales. The company operates a 27.62 MW solar plant and initiated a 40.3 MW project. Employee turnover was 10.65%, while worker turnover was 77.05%. No safety incidents were reported.

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Sportking India Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, to the Bombay Stock Exchange and National Stock Exchange of India. The filing, dated August 17, 2026, provides an overview of the company’s operational footprint, sustainability initiatives, and governance practices for FY26.

The Ludhiana-based textile manufacturer reported a total turnover of ₹249,585.66 lakh and a net worth of ₹111,590.04 lakh as disclosed in the CSR applicability section of the report. The company operates three manufacturing plants and offices across India, serving customers in 36 international countries alongside the domestic market. Exports accounted for approximately 51% of the total turnover, highlighting the significant reliance on global demand for its cotton and polyester-blended yarn products.

Operational and Environmental Metrics

Sportking India highlighted several environmental initiatives in the report, including the operation of a 27.62 MW solar power plant. The company also initiated capital expenditure for a 40.3 MW captive solar power project through a Special Purpose Vehicle under a 25-year Solar Power Purchase Agreement during FY26. This new project is expected to reduce annual power costs by approximately 12–13% and enhance the share of renewable energy in its overall mix.

Total energy consumption for FY26 stood at 1,056,804 GJ, comprising 126,755 GJ from renewable sources and 930,049 GJ from non-renewable sources. Water withdrawal was recorded at 706,126 kilolitres, entirely sourced from groundwater. The company noted that it has initiated the phased implementation of Zero Liquid Discharge (ZLD) processes across its manufacturing operations.

Metric FY26 FY25
Total Energy Consumption (GJ) 1,056,804 966,544
Renewable Energy Share (GJ) 126,755 87,669
Water Withdrawal (KL) 706,126 630,821
Waste Generated (Tonnes) 171.61 15.13

Workforce and Governance

As of March 31, 2026, Sportking India employed 559 permanent employees and 5,420 permanent workers. The workforce composition included 96.60% male employees and 48.67% female workers. The company reported a turnover rate of 10.65% for permanent employees and 77.05% for permanent workers in FY26.

The Board of Directors comprises six members, with two women directors representing 33.33% of the board. The report confirmed that no fines, penalties, or disciplinary actions were taken against directors or key managerial personnel for bribery or corruption during the year. Additionally, there were no recordable work-related injuries or fatalities reported among employees or workers.

What the Numbers Show

A notable divergence exists between the stability of the employee base and the high churn rate among the worker segment. While the employee turnover rate remained low at 10.65%, the permanent worker turnover rate stood at 77.05%, indicating significant fluidity in the operational workforce compared to the administrative staff. Furthermore, the sharp increase in waste generation from 15.13 tonnes in FY25 to 171.61 tonnes in FY26 warrants attention, although the report attributes this to comprehensive waste tracking rather than operational inefficiency.

Historical Stock Returns for Sportking

1 Day5 Days1 Month6 Months1 Year5 Years
+3.01%-3.94%+4.60%+86.69%+90.33%+99.71%

How will the upcoming 40.3 MW captive solar project impact Sportking India's long-term energy cost structure and carbon footprint relative to industry peers?

What specific strategies is the company implementing to address the 77% turnover rate among permanent workers, and how might this affect operational stability?

Given the 51% reliance on exports, how vulnerable is Sportking India's revenue to potential shifts in global trade policies or demand fluctuations in its 36 international markets?

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1 Year Returns:+90.33%