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S.P. Apparels Ltd. ( (IN:SPAL) ) has shared an announcement.
S.P. Apparels Limited has announced that its shareholders have approved, via remote e-voting through a postal ballot process, the appointment of Srinivas Chidambaram as a Non-Executive Independent Director. The voting, conducted in compliance with the Companies Act and SEBI’s listing and disclosure regulations and overseen by an independent scrutinizer, concluded on 27 December 2025 with the resolution passed by the requisite majority, reinforcing the company’s corporate governance framework and board independence.
More about S.P. Apparels Ltd.
S.P. Apparels Limited is an Indian listed company in the textiles and apparel sector, whose shares trade on both the Bombay Stock Exchange (Scrip Code: 540048) and the National Stock Exchange of India (Symbol: SPAL). The company engages with a broad shareholder base, reflecting dispersed public ownership typical of mid-cap listed manufacturing and export-oriented apparel players.
Average Trading Volume: 17,154
Technical Sentiment Signal: Sell
Current Market Cap: 17.56B INR
For detailed information about SPAL stock, go to TipRanks’ Stock Analysis page.