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Sportking India hits 5% upper circuit on update of expansion projects

The Board has also discussed the progress of the implementation of additional 15% Capacity for production of textile yarns.

October 25, 2021 12:05 IST | India Infoline News Service
Sportking India Ltd has informed that the Board of Directors on October 23, 2021 has discussed and approved the installation of Rooftop Solar Power Project of about 20 MW Capacity at their Existing Factory Units for captive consumption and same is likely to Implemented in 6-8 months.

Further, the Board has also discussed the progress of the implementation of additional 15% Capacity (40800 Spindles) for production of textile yarns, which is as per schedule, said company in a regulatory filing.

At around 12:03 PM, Sportking India was trading at Rs1541 per piece higher by 5% on Sensex.

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