Appointment

SKPL/SECT/2026-27/91 Date: 12th 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, Block-G Mumbai- 400 001 Bandra Kurla Complex, Bandra (E) Scrip Code- 538562 Mumbai- 400 051 Symbol- SKIPPER Subject: Outcome of Board Meeting held on 12th October, 2026 in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, This is to inform that the Board of Directors of the Company, at their meeting held today have, inter-alia, approved the following: 1. On recommendation of the Nomination and Remuneration Committee, appointment of Mr. Rabindra Nath Nayak (DIN: 02658070) as an Additional Director (Non-Executive Independent), not liable to retire by rotation, for a period of 5 consecutive years commencing from 12th October, 2026 to 11th October, 2031, subject to approval of the shareholders. We hereby affirm that the Director being appointed is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority. The requisite disclosure, pursuant to Part A Para A of Schedule III of Regulation 30 of the SEBI Listing Regulations and in terms of SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January, 2026, is enclosed as Annexure ‘A’. 2. Incorporation of a Private Company as a Wholly owned Subsidiary of the Company. The requisite disclosure, pursuant to Part A Para A of Schedule III of Regulation 30 of the SEBI Listing Regulations and in terms of SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January, 2026, is enclosed as Annexure ‘B’. 3. Notice of the Postal Ballot to seek approval from members of the Company for appointment of Mr. Rabindra Nath Nayak (DIN: 02658070) as an Independent Director, for a period of 5 consecutive years commencing from 12th October, 2026 to 11th October, 2031 and authorized Mrs. Anu Singh, Company Secretary & Compliance Officer to decide the timeline of the Postal Ballot. The meeting of the Board of Directors commenced at 04:30 P.M. and concluded at 05:23 P.M. Kindly take the same on record. Thanking you, Yours faithfully, For Skipper Limited Anu Singh Company Secretary & Compliance Officer ANNEXURE A Sl. Particulars Details of Change Reason for Change viz. Appointment of Mr. Rabindra Nath Nayak (DIN: appointment, resignation 1. 02658070) as an Additional Director (Non-Executive removal, death or Independent) otherwise Date of appointment/re- appointment/cessation (as 12th October, 2026 2. applicable) & term of Term- 5 years (from 12th October, 2026 to 11th appointment/re- October, 2031) appointment Mr. R. N. Nayak is a former Chairman & Managing Director of Power Grid Corporation of India Limited (PGCIL). Presently POWERGRID is a Maharatna Company having a turnover of over Rs 46,000 Crores with net profit over Rs 15,000 Crores. The present asset base is over Rs 3,20,000 Crores. He has completed his master’s in Electrical Engineering from IIT, Kharagpur and graduation from NIT, Rourkela in 1977. He has over 40 years of experience in various capacities at senior level positions in premier Central Public Sector Undertakings (PSUs) in power sector such as PGCIL and NTPC. He Led and motivated a team of about 10,000 employees of PGCIL having different categories of people towards an Brief Profile (in case of extraordinary turnaround feat resulting in more than Appointment) doubling the assets, revenue, profit etc. in just over three years. He has vast experience in all facets of power sector i.e., Generation Transmission & Distribution, Manufacturing and various departments of a Company and introduced many new technologies in India such as 800 kV UHV HVDC, 1200 kV UHV AC , Smart Grid , RE Integration in to Indian Grid and State of art Technology in Load Dispatch Centers for Real Time Grid Management etc He has been conferred with various awards and honors such as “Outstanding Entrepreneurship Award” at the annual ‘Asia Pacific Entrepreneurship Awards 2014 India’ instituted by ‘Enterprise Asia’; a Malaysia based NGO. The award was given in recognition of his Outstanding and Exemplary Achievements in Entrepreneurship on 4th March 2014. He is also recipient of Best CEO in Power Sector in “The 2013, 2014 & 2015 ALL-ASIA EXECUTIVE TEAM: BEST CEO’s” in the Institutional Investor Survey of Asia by Institutional investor, an International Finance magazine. Currently, he is a Director on the Board of several Companies including Odisha Power Transmission Corporation Limited , TP Northern Odisha Distribution Limited, TP Western Odisha Distribution Limited, GRIDCO Limited, Diamond Power Infrastructure Limited, Yash Highvoltage Ltd, IMP Power, OHPC , GEDCOL, Powerica Ltd and Future Smartec (OPC) Private Limited etc. He is also a consultant to the World Bank Group, Washington , international cross border projects and also provides services to leading National /International Consulting Companies etc. Disclosure of relationships between directors (in case Mr. R.N. Nayak is not related to any of the Directors of appointment of a of the Company. director) ANNEXURE B Sr. Particulars Details i. Name of the entity, date & country of Name: EVERGRID PVT. LTD; EVERGRID INDIA incorporation, etc.; PVT. LTD; EVERGRID TRANSMISSION PVT. LTD or such other name as may be approved by Ministry of Corporate Affairs. Country of Incorporation: INDIA Share capital:  Authorised Capital – Rs. 25,00,00,000  Issued Capital – Rs. 1,00,00,000 ii. Name of holding company of the EVERGRID PVT. LTD/EVERGRID INDIA PVT. incorporated company and relation LTD/EVERGRID TRANSMISSION PVT. LTD or such with the listed entity other name as may be approved by Ministry of Corporate Affairs, will be wholly owned subsidiary of Skipper Limited. Accordingly, it will be classified as a related party. iii. Industry to which the entity being It will be incorporated with the object of acquired belongs Transmission and EPC related works. iv. brief background about the entity It will be incorporated with the object of incorporated in terms of products / Transmission and EPC related works. line of business v. Brief details of any governmental or Ministry of Corporate Affairs (MCA) and other regulatory approvals required for the regulatory approvals as may be applicable. acquisition vi. Consideration - whether cash The company will invest funds by subscribing consideration or share swap or any shares of newly incorporated company. other form and details of the same vii. Cost of acquisition and/or the price at 100% stake of the company is acquired. which the shares are acquired viii. Percentage of shareholding / control 100% stake of the company is acquired. acquired and / or number of shares acquired