NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company1d ago · 1 Oct 2026, 05:46 pm

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Skipper Limited · SKIPPER

✦ AI SummaryLitigation

Skipper Limited has informed the Exchange about a show cause notice from the Assistant Commissioner Office of The State Tax (GST) Bhubneshwar II, Odisha, proposing a demand of Rs. 2,27,53,28,966/- against the Company in relation to the mismatch in GSTR 1, GSTR-2A and GSTR-3B.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Skipper Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

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skipper_01102026174552_Reg30.pdf

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SKPL/SECT/2026-27/87 Date: 1st October, 2026 The Manager The Manager National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Dalal Street Plot No. C/1, G Block Mumbai-400 001 Bandra Kurla Complex, Bandra (E) (Scrip Code- 538562) Mumbai - 400 051 (Symbol- skipper) Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (‘the Listing Regulations’) this is to inform that the Assistant Commissioner Office of The State Tax (GST) Bhubneshwar II, Odisha, had issued a show cause notice u/s 73 of CGST/OGST Act, 2017 vide ref. no. ZD210926037570H dated 30th September, 2026, proposing a demand of Rs. 2,27,53,28,966/- against the Company in relation to the mismatch in GSTR 1, GSTR-2A and GSTR-3B. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 are enclosed as Annexure A. This intimation will also be available on the website of the Company https://www.skipperlimited.com/. We request you to take the above information on record. Thanking you, Yours faithfully, For Skipper Limited Anu Singh Company Secretary & Compliance Officer Annexure A Particulars Details 1. Brief details of litigation viz. Assistant Commissioner Office of The State Tax (GST) name(s) of the opposing party, Bhubneshwar II, Circle: Bhubneshwar, Odisha, had court/ tribunal/agency where issued a show cause notice u/s 73 of CGST/OGST Act, litigation is filed, brief details of 2017 vide ref. no. ZD210926037570H dated 30th dispute/litigation. September, 2026, proposing a demand of ₹ 2,27,53,28,966/- against mismatch in GSTR 1, GSTR-2A and GSTR-3B 2. Expected financial implications, if The proposed demand is wholly disputed and is based any, due to compensation, penalty on erroneous findings and an incorrect appreciation of etc.; the facts and applicable provisions of law. The Company has strong and substantive grounds to contest the said demand and does not accept the liability proposed therein. Accordingly, the amount stated in the notice does not represent an ascertained liability or any expected financial outflow for the Company. The Company will take all appropriate legal remedies against the said demand. Consequently, there is no material impact on the financial position, operations or other activities of the Company on account of the said notice 3. quantum of claims, if any NA