S.P Apparels invested ₹6.32 crore in its UK subsidiary SPUK to strengthen its capital base and support business expansion.
The transaction is classified as a related party transaction as the promoter is also a director in the subsidiary.
SPUK operates in textile wholesale trade with a turnover of £6.95 million in FY25 and has shown growth over three years.
The investment was completed on April 21, 2026, through a cash consideration with no governmental approvals required.