SP Apparels Limited Invests ₹6.32 Crore in UK Subsidiary for Business Expansion
Published on: April 22, 2026, 2:43 a.m. | Source: scanx.trade
SP Apparels Limited invested ₹6,31,52,500 as equity in its wholly owned UK subsidiary SP Apparels UK P Limited on April 21, 2026, to strengthen capital base and support business expansion in UK and European markets. The subsidiary, incorporated in 2014, operates in textile wholesale trade with a turnover of 6,952,347 GBP as of March 2025. The transaction constitutes a related party transaction with Mr. P. Sundararajan serving as director in both companies, and was completed in compliance with SEBI regulations.
