Sharekhan

S P Apparels Ltd

Tue 6/05/2025,15:51:19 | NSE : SPAL

₹ 728.40-33.70 (-4.42%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 758.00

Previous Close

₹ 762.10

Volume

22870

Mkt Cap ( Rs. Cr)

₹1827.74

High

₹ 774.70

Low

₹ 722.25

52 Week High

₹ 1133.10

52 Week Low

₹ 521.05

Book Value Per Share

₹ 318.18

Dividend Yield

0.00

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on S P Apparels Ltd

Your Vote -

Buy

76.92%

Hold

7.69%

Sell

15.38%

76.92%

13 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

728.40

214

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Bid Total

214

Bid Price

Qty

0.00

0

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Bid Total

0

Option Chain

Analyzes market sentiment, predicts S P Apparels Ltd' movement.

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News

Media spotlight triggers s p apparels ltd stock attention, sentiment.

  • S P Apparels Ltd. - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

    28 Apr 2025, 12:33PM <b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border='1px'><tr> <td><b>Sr. No.</b></td
  • S P Apparels Ltd. - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    25 Apr 2025, 1:19PM S. P. APPARELS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agen
  • S P Apparels Ltd. - General Updates

    19 Apr 2025, 6:14PM S. P. Apparels Limited has informed the Exchange about General Updates
  • S P Apparels Ltd. - Change In The Disclosure Filed Under Regulation 30 Of SEBI (LODR) Regulation 2015 Dt. March 28, 2025.

    19 Apr 2025, 6:12PM Change in the Disclosure filed under Regulation 30 of SEBI (LODR) Regulation 2015 dated March 28, 2025.
  • S P Apparels Ltd. has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    17 Apr 2025, 5:20PM As of March 2025, 61.93% is owned by Indian Promoters and 38.07% by Public. <p align=justify> Institutional holds 21.49% (Insurance Companies 0.60%) a
  • S P Apparels Ltd. - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    10 Apr 2025, 6:07PM S. P. Apparels Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • S P Apparels Ltd. - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    10 Apr 2025, 6:03PM we confirm that MUFG Intime India Private Limited, RTA have after verification, cancelled the certificate of securities received for dematerialization
  • S P Apparels Ltd. - Shareholders meeting

    10 Apr 2025, 2:42PM S. P. Apparels Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot and Declaration of Voting Results
  • S P Apparels Ltd. - Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot

    10 Apr 2025, 2:31PM Company has submitted Declaration of Voting Results on the Resolution as set out in the Postal Ballot Notice dated March 7, 2025.
  • S P Apparels Ltd. - Shareholder Meeting / Postal Ballot-Scrutinizer\s Report

    10 Apr 2025, 2:29PM Company has submitted a copy of Declaration of voting results on the resolution as set out in the Postal Ballot Notice dated March 7, 2025.
  • S P Apparels Ltd. - Announcement under Regulation 30 (LODR)-Cessation

    28 Mar 2025, 1:05PM Company hereby informed that Mr. V. Sakthivel is retiring and ceasing to be an Independent Director of the Company w.e.f 30.03.2025.
  • S P Apparels Ltd. - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    28 Mar 2025, 1:00PM S. P. APPARELS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agen
  • S P Apparels Ltd. - Cessation

    28 Mar 2025, 12:59PM S. P. Apparels Limited has informed the Exchange regarding Cessation of Mr V Sakthivel as Non- Executive Independent Director of the company w.e.f. M
  • S P Apparels Ltd. - Trading Window-XBRL

    26 Mar 2025, 6:36PM S. P. Apparels Limited has informed the Exchange about Closure of Trading Window
  • S P Apparels Ltd. - Trading Window

    26 Mar 2025, 6:24PM S. P. Apparels Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2
  • S P Apparels Ltd. - Appointment

    12 Mar 2025, 4:51PM S. P. Apparels Limited has informed the Exchange regarding Appointment of Mr Chenduran as Managing Director of the company w.e.f. August 11, 2025.
  • S P Apparels Ltd. - Copy of Newspaper Publication

    11 Mar 2025, 10:38AM S. P. Apparels Limited has informed the Exchange about Copy of Newspaper Publication
  • S P Apparels Ltd. - Notice Of Shareholders Meetings-XBRL

    10 Mar 2025, 6:58PM S. P. APPARELS LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot
  • S P Apparels Ltd. - Shareholders meeting

    10 Mar 2025, 6:46PM S. P. Apparels Limited has informed the Exchange regarding Notice of Postal Ballot
  • S P Apparels Ltd. - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    10 Mar 2025, 6:40PM Issuance of Postal Ballot Notice for the Resolution:\r\n\r\n1. Appointment of Independent Director Mr. Ravishankar\r\n2. Re-appointment of Mr. S. Chen
  • S P Apparels Ltd. - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    8 Mar 2025, 11:10AM S. P. APPARELS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agen
  • S P Apparels Ltd. - Fixed Record Date For Remote E-Voting W.R.T Postal Ballot

    7 Mar 2025, 6:34PM Fixed Record Date as 07.03.2025 for Remote e-voting w.r.t Postal Ballot.
  • S P Apparels Ltd. - General Updates

    7 Mar 2025, 5:24PM S. P. Apparels Limited has informed the Exchange about General Updates
  • S P Apparels Ltd. - Approval For Issuance Of Postal Ballot Notice In The Board Meeting Dt. 07.03.2025.

    7 Mar 2025, 5:19PM The Board approved the below items for the approval of Shareholders through postal ballot:\r\n\r\ni. Appointment of Independent Director Mr. B. Ravish
  • S P Apparels Ltd. - Appointment

    7 Mar 2025, 5:07PM S. P. Apparels Limited has informed the Exchange regarding Appointment of Mr B. Ravishankar as Independent Director as Non- Executive Independent Dire
  • S P Apparels Ltd. - Outcome of Board Meeting

    7 Mar 2025, 4:50PM S. P. Apparels Limited has informed the Exchange regarding Outcome of Board Meeting held on March 07, 2025.
  • S P Apparels Ltd. - Announcement under Regulation 30 (LODR)-Change in Management

    7 Mar 2025, 4:47PM Pursuant to Regulation 30 of SEBI (LODR) 2015 the Board has approved the following items.\r\ni. Appointment of Independent Director \r\nii. Re-Appoint
  • S P Apparels Ltd. - Outcome of Board Meeting

    7 Mar 2025, 4:40PM S. P. Apparels Limited has informed the Exchange regarding Board meeting held on March 07, 2025.
  • S P Apparels Ltd. - Board Meeting Outcome for Outcome Of The Board Meeting Held On 07.03.2025

    7 Mar 2025, 4:36PM Pursuant to Regulation 30 under SEBI (LODR) 2015 the Board has approved the below items\r\ni. Appointment of Independent Director Mr. B. Ravishankar.\
  • S P Apparels Ltd. - Agreements,Contracts,Arrangements,MOU-XBRL

    25 Feb 2025, 12:40PM S. P. APPARELS LIMITED has informed the Exchange regarding Loan Agreement
  • S P Apparels Ltd. - Intimation Of Loan Agreement With M/S. S.P. Apparels International (Private) Limited, A Wholly Owned Subs

    24 Feb 2025, 7:15PM S.P Apparels Limited lending unsecured loan to its Wholly owned Subsidiary Company for Purchase of Assets.
  • S P Apparels Ltd. - Agreements

    24 Feb 2025, 7:10PM S. P. Apparels Limited has informed the Exchange about the loan Agreement entered between S.P.Apparels Limited and its Wholly owned Subsidiary.
  • S P Apparels Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates

    18 Feb 2025, 10:43AM S. P. Apparels Limited has informed the Exchange about Transcript
  • S P Apparels Ltd. - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    18 Feb 2025, 10:37AM Transcript of Earnings Call held on February 12, 2025 for the Quarter ended December 31, 2024.
  • S P Apparels Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates

    12 Feb 2025, 6:18PM S. P. Apparels Limited has informed the Exchange about Link of Recording
  • S P Apparels Ltd. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    12 Feb 2025, 6:14PM we hereby inform the exchanges about the participation of the Management of the Company in the Investors Conference Call, to discuss the unaudited Fin
  • S P Apparels Ltd. - Integrated Filing- Governance

    11 Feb 2025, 2:07PM Submission of Integrated Filing (Governance) Report for the quarter ended 31st December 2024.
  • S P Apparels Ltd. - Copy of Newspaper Publication

    11 Feb 2025, 1:20PM S. P. Apparels Limited has informed the Exchange about Copy of Newspaper Publication
  • S P Apparels Ltd. - Integrated Filing- Financial

    11 Feb 2025, 12:59PM Submission of Integrated Filing (Financial) for the quarter ended 31.12.2024 in line with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated
  • S P Apparels Ltd. - Investor Presentation

    11 Feb 2025, 10:59AM S. P. Apparels Limited has informed the Exchange about Investor Presentation
  • S P Apparels Ltd. - Integrated Filing (Financial)

    11 Feb 2025, 1:06PM Submission of Integrated Filing (Financials) for the quarter ended 31.12.2024 in line with SEBI Circular dt. 31.12.2024.
  • S P Apparels Ltd. - Announcement under Regulation 30 (LODR)-Investor Presentation

    11 Feb 2025, 11:04AM we wish to share the Investor Presentation for Q3 FY25.
  • S P Apparels Ltd. - Outcome of Board Meeting

    10 Feb 2025, 2:34PM S. P. Apparels Limited has informed the Exchange regarding Board meeting held on February 10, 2025.
  • S P Apparels Ltd. - Financial Result Updates

    10 Feb 2025, 2:23PM S. P. Apparels Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • S P Apparels Q3 net profit down 19.13% at Rs 18.01 cr

    10 Feb 2025, 2:40PM The company reported standalone net profit of Rs 18.01 crore for the quarter ended December 31, 2024 as compared to Rs 22.27 crore in the same period
  • S P Apparels Ltd. - Results - Financial Results For The Quarter Ended 31.12.2024.

    10 Feb 2025, 2:32PM we wish to inform the board has approve SFS & CFS unaudited financial result for the quarter ended 31.12.2024
  • S P Apparels Ltd. - Board Meeting Outcome for Outcome Of Board Meeting Dated 10.02.2025

    10 Feb 2025, 2:27PM we wish to inform board of directors of the Company has approved SFS & CFS unaudited financial result for the quarter ended 31.12.2024.
  • S P Apparels Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates

    8 Feb 2025, 3:56PM S. P. Apparels Limited has informed the Exchange about Schedule of meet
  • S P Apparels Ltd. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    8 Feb 2025, 3:48PM Intimation of Q3 FY 25 Concall to held on 12th February 2025 at 12.00 Noon.
  • Viewpoint: SP Apparels Q1FY2025 (Consolidated) result update

    13 Aug 2024 , 12:10PM Viewpoint: SP Apparels Q1FY2025 (Consolidated) result update – Weak Q1; better prospects ahead
  • Viewpoint: SP Apparels Q3FY2024 (Consolidated) result update

    15 Feb 2024 , 11:55AM Viewpoint: SP Apparels Q3FY2024 (Consolidated) result update – Decent Q3; multiple levers for long-term growth
  • SP Apparels

    6 Feb 2024 , 10:31AM In continuation with the acquisition announced by SPAL on 9th December, 2023, the company has informed that it has acquired 100% of Young Brand Apparel Private Limited (YBAPL) the subsidiary of Bannari Amman Spinning Mills Limited along with the garment unit situated at palladam of Bannari Amman Spinning Mills Limited and land and building situated at SIPCOT for a value of Rs. 223 crore. Incorporated in December 2006, YBAPL is a manufacturing and export company based out of Tamil Nadu. The company manufactures intimate wear for brands like American Eagle, Jockey International, Marks & Spencer and Benetton. The company exports to countries like the US, UK, Japan, and Canada. To fund this acquisition, SPAL will leverage a balanced combination of internal accruals and borrowed capital.
  • Viewpoint: SP Apparels

    12 Dec 2023 , 10:35AM Viewpoint: SP Apparels - Multi-pronged strategy to drive consistent growth
  • SP Apparels

    11 Dec 2023 , 10:59AM The company has announced purchase of a textile subsidiary, a garment factory, and Perundurai lands from Bannari Amman Spinning Mills Ltd (BASML). The transaction involves buying BASML’s equity shareholding in the subsidiary and joint venture company Young Brand Apparel Private Ltd (YBAPL), sale of its garment unit located at Palladam Hi-Tech Weaving Park, Palladam, Tamil Nadu and sale of 6.43 acres of land in Perundurai, owned by BASML. YBAPL is a manufacturing and export company and a strategic partner of brands focused in the intimate wear market segment with good customer base in US. It is a Joint Venture company between Jacob Industries (USA) LLC, Intimark of Mexico and BASML. View: Acquisition of YBAPL is in line with the company’s strategy to increase its customer base and expand in the international market. Further, the acquisition will improve the synergies of both companies (SPAL and YBAPL). Positive for SP Apparels.
  • Viewpoint: SP Apparels Q2FY2024 (Consolidated) result update

    10 Nov 2023 , 11:50AM Viewpoint: SP Apparels Q2FY2024 (Consolidated) result update – Sequentially better Q2; multiple long-term growth levers in place
  • Viewpoint: SP Apparels Q1FY2024 (Consolidated) result update

    23 Aug 2023 , 10:55AM Viewpoint: SP Apparels Q1FY2024 (Consolidated) result update – Levers in place for consistent growth
  • Viewpoint: SP Apparels

    14 Jun 2023 , 11:19AM Viewpoint: SP Apparels – Garment business to boost overall performance
  • SP Apparels

    27 Feb 2023 , 11:20AM According to media reports India & UK government have agreed to make further progress on the ongoing negotiations for Free Trade Agreement (FTA) and swiftly organise the next bilateral economic and financial dialogue. Further Knitwear exports from Tiruppur in USD terms grew 1.5% at USD 413 million or 11% in rupee term in January 2023. Exports were down between July-Dec,2022 with average three months decline of 24% impacted by the recurrence of Covid-19 pandemic in various European countries and also due to the Russia-Ukraine conflict.
  • SP Apparels

    21 Sep 2022 , 3:44PM The company’s board in its meeting held on 21st September 2022 has approved the proposal to buy back up to 6,00,000 fully paid up equity shares having a face value of Rs10 each representing upto 2.34% of the total number of equity shares in the paid-up equity share capital of the Company, at a price of Rs585 per share (at premium of 35% to existing CMP of Rs431 per share) for a maximum amount not exceeding Rs35.1crore representing 5.68% and 5.62% of the aggregate of the fully paid-up equity share capital and free reserves of the Company.
  • SP Apparels board announces buyback of 6 lakh shares at Rs. 585/share

    21 Sep 2022 , 3:01PM Buyback of fully paid equity shares
  • SP Apparels Q1FY2023 (Consolidated) result

    11 Aug 2022 , 3:34PM SP Apparels Q1FY2023 (Consolidated) result – Performance ahead of estimates
  • Viewpoint: SP Apparels Q3FY2022 (Consolidated) result update

    15 Feb 2022 , 12:28PM Viewpoint: SP Apparels Q3FY2022 (Consolidated) result update - Mixed Q3; garments to help unfold growth story
  • S P Apparels

    4 Jan 2022 , 2:26PM SP Apparels: As per the intimation give earlier in regards to formation of wholly owned subsidiary Company and moving the retail business in to the newly formed subsidiary named 'S.P.Retail Ventures Limited (SPVL), hiving - off retail operations into S.P.Retail Ventures Limited has been completed by executing slump sale agreement between S.P.Apparels and SPVL at the value of Rs.53.50 Crores (valued at 1.2x its FY2021 sales) – Positive read through for the stock as the hive-off of loss making retail venture would help the company to focus on its core garmenting business. The stock is already up by 7% in today’s session
  • Viewpoint: SP Apparel - Q2FY22 consolidated results review

    15 Nov 2021 , 2:22PM Viewpoint: SP Apparel - Q2FY22 consolidated results review: Strong Q2; garments biz gains momentum
  • SP Apparels Q2FY22 (consolidated)

    12 Nov 2021 , 9:41AM SP Apparels Q2FY22 (consolidated) – Decent Q2
  • S P Apparels

    3 Sep 2021 , 9:44AM The company had recently formed wholly owned subsidiary ‘SP Retail Ventures Pvt. Ltd’ to go big on retail business. The subsidiary will focus on adding new offerings and categories to the company’s product portfolio. SP Apparels will be transferring of retail operations to subsidiary by transferring the assets/liabilities of retail division to the subsidiary. Amount of Rs64crore which is due to the holding company (SP Apparels) on transfer of assets and liabilities will be paid by newly formed subsidiary company on raising of funds through equity. Till the due is repaid it will be treated as long term debt given by the company.
  • Viewpoint: SP Apparels

    17 Aug 2021 , 10:25AM Viewpoint: SP Apparels - Good Q1; growth prospects stay tightly knit
  • SP Apparels consolidated Q1FY2022 results

    16 Aug 2021 , 11:11AM SP Apparels consolidated Q1FY2022 results: Sequential drop in revenues; inclusion of export benefits boosted Profitability
  • SP Apparels: Garment biz to weave growth story

    16 Jul 2021 , 9:38AM SP Apparels: Garment biz to weave growth story
  • S.P. Apparels Q2 results come in flat

    15 Nov 2017 , 12:11PM S.P. Apparels (SPAL) Q2FY2018 result: Input price pressure dented margins
  • S.P. Apparels Q1FY2018 result update

    17 Aug 2017 , 9:04AM Weak performance in Q1FY2018 with revenue and PAT declining by ~7% and 4%, respectively, due to currency

Key fundamentals

Evaluate the intrinsic value of S P Apparels Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 881.42 836.619 803.524 721.563 729.136
Liabilities 881.42 836.619 803.524 721.563 729.136
Equity 25.093 25.093 25.693 25.693 25.693
Gross Profit 168.205 148.844 154.413 100.489 80.891
Net Profit 103.762 91.813 83.2 38.684 44.027
Cash From Operating Activities 97.754 226.978 6.346 79.397 86.93
NPM(%) 10.94 9.77 11.31 6.72 5.8
Revenue 948.32 939.522 735.087 575.516 758.31
Expenses 780.115 790.678 580.674 475.027 677.419
ROE(%) 12.99 11.49 10.42 4.84 5.51

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
15 Sep 2023 3 30 0 442.45
03 Sep 2021 2.25 22.5 0 242.1
07 Sep 2018 0.5 5 0 326.05
03 Aug 2017 0.5 5 0 354.95

Peers

Other companies within the same industry or sector that are comparable to S P Apparels Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
SEL Manufacturing Company Ltd 39.00 -2.03 0.00 2419.16 -582.33 0.00
Gangotri Textile Ltd 0.67 0.00 0.00 2380.87 -0.46 0.00
SPL Industries Ltd 35.57 -0.14 9.29 2117.29 40.52 0.00
AB Cotspin India Ltd 428.95 -4.40 70.44 765.74 40.80 0.00

Company Info

The Company was incorporated in Avinashi, Tamil Nadu as S.P. Apparels Limited, a public limited company under Part IX of the Companies Act, 1956, pursuant to a certificate of incorporation dated November 18, 2005 that was issued following an application to convert M/s S.P. Apparels, a partnership firm into a company. The partnership firm was originally formed pursuant to a partnership deed dated December 14, 1988. Subsequently, pursuant to a partnership deed dated November 7, 2005, the partnership was further reconstituted by the declaration of the partnership as a joint stock company. The joint stock company was thereafter converted into a public limited company pursuant to a certificate of incorporation dated November 18, 2005. Major Events The table below sets forth some of the key events in the history of the Company: 1989 -Started export operations as a partnership firm 1998 -Set-up the own manufacturing facility at Neelambur 2001 -Commissioning of the first wind energy generator 2003 -Set-up first in-house embroidery facility at Thekkalur 2004 -Set-up the flagship factory at Avinashi with full garment conversion process (from cutting to packing) 2005 -Conversion of the partnership firm to the Company -Set-up first in-house printing facility at Avinashi 2006 -Acquisition of majority shareholding in CPPL pursuant to a share transfer agreement dated May 24, 2006 and a memorandum of understanding dated May 24, 2006 executed among CIPL, CPPL, the Company and Shivarams Associates Private Limited -Addenda to the Technology License Agreement dated May 16, 2006 executed by the Subsidiary, CPPL with Crocodile International Pte Limited in 1996, for the use of the `Crocodile' brand 2007 -Acquisition of the `Natalia' brand pursuant to an agreement dated February 20, 2007 -Amalgamation of S.P. TexFab Private Limited with the Company pursuant to a Scheme of Amalgamation sanctioned by the High Cthet of Madras with effect from March 21, 2007 2008 -Amalgamation of Sri Balaji Bakkiam Spinning Mills with the Company pursuant to a Scheme of Amalgamation sanctioned by the High Cthet of Madras with effect from May 13, 2008 -Acquisition of the retail division from CPPL, on a going concern basis 2009 -Reschedulement of term loan facilities from State Bank of Mysore and State Bank of Indore. The facility availed from State Bank of Indore has been repaid by the Company subsequently. 2010 -Formulation and implementation of a foreign exchange policy for the Company 2011 -Sale of wind mills owned by the Company to Maple Renewable Power Private Limited pursuant to a slump sale agreement dated December 23, 2011 2013 -Investment by Euro Asia pursuant to the Investment Agreement 2014 -Incorporation of a wholly-owned subsidiary, SPUK in the United Kingdom -Reschedulement of term loan facility from Andhra Bank 2015 -Execution of the Sub-Licensing Agreement with the Subsidiary, CPPL to manufacture, distribute and market products under the `Crocodile' brand -Transfer of 12 retail stores by Poornam to the Company pursuant to the Slump Sale Agreement Awards, Certifications and Recognitions We have received the following awards, certifications and recognitions: 2006 -Awarded "Outstanding New Vendor" by The Children's Place (Disney Store, North America) 2007 -Received `Worldwide Responsible Apparel Production' certification 2009 -Recognized as `Star Export House' by the Government of India -Awarded "Trading Fairly Award" by TESCO for setting benchmarks in Tirupur for labor standards compliance, investing in workers and supporting community projects 2010 -Awarded "Tamil Nadu State Government Safety Award 2010" by the Directorate of Industrial Safety and Health, Government of Tamil Nadu for the least number of accidents 2011 -Awarded "Tamil Nadu State Government Safety Award 2011" by the Directorate of Industrial Safety and Health, Government of Tamil Nadu for the least number of accidents -Awarded "Best Newcomer" by Marks & Spencer Children's Suppliers Awards 2011 2012 -Awarded "Values Award" by TESCO 2013 -Awarded "F&F Gold Rated Supplier 2013" by TESCO -Received laboratory accreditation ISO/IEC 17025:2005 by the National Accreditation Board for Testing and Calibration Authorities, Department of Science and Technology, India 2014 -Received ISO 9001:2008 systems certification -Received laboratory testing accreditation by one of the customers. 2019 -Spinning Mill production capacity expansion to 25 MT / day.-Two Brand New ECO satellite sewing factories. 2024 -S. P. Apparels Limited Announces Strategic Acquisition of Young Brand Apparel Pvt Ltd, Expanding to New Intimate Wear Segment.

The Company was incorporated in Avinashi, Tamil Nadu as S.P. Apparels Limited, a public limited company under Part IX of the Companies Act, 1956, pursuant to a certificate of incorporation dated November 18, 2005 that was issued following an application to convert M/s S.P. Apparels, a partnership firm into a company. The partnership firm was originally formed pursuant to a partnership deed dated December 14, 1988. Subsequently, pursuant to a partnership deed dated November 7, 2005, the partnership was further reconstituted by the declaration of the partnership as a joint stock company. The joint stock company was thereafter converted into a public limited company pursuant to a certificate of incorporation dated November 18, 2005. Major Events The table below sets forth some of the key events in the history of the Company: 1989 -Started export operations as a partnership firm 1998 -Set-up the own manufacturing facility at Neelambur 2001 -Commissioning of the first wind energy generator 2003 -Set-up first in-house embroidery facility at Thekkalur 2004 -Set-up the flagship factory at Avinashi with full garment conversion process (from cutting to packing) 2005 -Conversion of the partnership firm to the Company -Set-up first in-house printing facility at Avinashi 2006 -Acquisition of majority shareholding in CPPL pursuant to a share transfer agreement dated May 24, 2006 and a memorandum of understanding dated May 24, 2006 executed among CIPL, CPPL, the Company and Shivarams Associates Private Limited -Addenda to the Technology License Agreement dated May 16, 2006 executed by the Subsidiary, CPPL with Crocodile International Pte Limited in 1996, for the use of the `Crocodile' brand 2007 -Acquisition of the `Natalia' brand pursuant to an agreement dated February 20, 2007 -Amalgamation of S.P. TexFab Private Limited with the Company pursuant to a Scheme of Amalgamation sanctioned by the High Cthet of Madras with effect from March 21, 2007 2008 -Amalgamation of Sri Balaji Bakkiam Spinning Mills with the Company pursuant to a Scheme of Amalgamation sanctioned by the High Cthet of Madras with effect from May 13, 2008 -Acquisition of the retail division from CPPL, on a going concern basis 2009 -Reschedulement of term loan facilities from State Bank of Mysore and State Bank of Indore. The facility availed from State Bank of Indore has been repaid by the Company subsequently. 2010 -Formulation and implementation of a foreign exchange policy for the Company 2011 -Sale of wind mills owned by the Company to Maple Renewable Power Private Limited pursuant to a slump sale agreement dated December 23, 2011 2013 -Investment by Euro Asia pursuant to the Investment Agreement 2014 -Incorporation of a wholly-owned subsidiary, SPUK in the United Kingdom -Reschedulement of term loan facility from Andhra Bank 2015 -Execution of the Sub-Licensing Agreement with the Subsidiary, CPPL to manufacture, distribute and market products under the `Crocodile' brand -Transfer of 12 retail stores by Poornam to the Company pursuant to the Slump Sale Agreement Awards, Certifications and Recognitions We have received the following awards, certifications and recognitions: 2006 -Awarded "Outstanding New Vendor" by The Children's Place (Disney Store, North America) 2007 -Received `Worldwide Responsible Apparel Production' certification 2009 -Recognized as `Star Export House' by the Government of India -Awarded "Trading Fairly Award" by TESCO for setting benchmarks in Tirupur for labor standards compliance, investing in workers and supporting community projects 2010 -Awarded "Tamil Nadu State Government Safety Award 2010" by the Directorate of Industrial Safety and Health, Government of Tamil Nadu for the least number of accidents 2011 -Awarded "Tamil Nadu State Government Safety Award 2011" by the Directorate of Industrial Safety and Health, Government of Tamil Nadu for the least number of accidents -Awarded "Best Newcomer" by Marks & Spencer Children's Suppliers Awards 2011 2012 -Awarded "Values Award" by TESCO 2013 -Awarded "F&F Gold Rated Supplier 2013" by TESCO -Received laboratory accreditation ISO/IEC 17025:2005 by the National Accreditation Board for Testing and Calibration Authorities, Department of Science and Technology, India 2014 -Received ISO 9001:2008 systems certification -Received laboratory testing accreditation by one of the customers. 2019 -Spinning Mill production capacity expansion to 25 MT / day.-Two Brand New ECO satellite sewing factories. 2024 -S. P. Apparels Limited Announces Strategic Acquisition of Young Brand Apparel Pvt Ltd, Expanding to New Intimate Wear Segment.

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Parent Organisation

S P Apparels Ltd.

Founded

18/11/2005

Managing Director

Mr.P Sundararajan

NSE Symbol

SPALEQ

FAQ

The current price of S P Apparels Ltd is ₹ 728.40.

The 52-week high for S P Apparels Ltd is ₹ 774.70 and the 52-week low is ₹ 722.25.

The market capitalization of S P Apparels Ltd is currently ₹ 1827.74. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy S P Apparels Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in S P Apparels Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase S P Apparels Ltd shares.

The CEO of S P Apparels Ltd is Mr.P Sundararajan, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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