NSEGeneral Updates23 Oct 2026 · 23 Oct 2026, 06:54 pm
General Updates
Skipper Limited · SKIPPER
✦ AI SummaryExpansion
Skipper Limited has informed the Exchange about the update on its newly incorporated Wholly Owned Subsidiary (WOS) in Brazil, SKIPPER LATAM LTDA, where the actual amount received due to foreign exchange rate fluctuations is BRL 1,01,144.76, resulting in an excess amount of BRL 1,144.76 over the initially intimated share capital.
Analysis Scores
Earnings Impact2/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Skipper Limited has informed the Exchange about General Updates
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skipper_23102026185351_IntimationofUpdateonIncorporationofWOSinBrazil.pdf
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SKPL/SECT/2026-27/95
Date: 23rd 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: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015- Update on newly incorporated Wholly Owned Subsidiary (WOS) of the Company.
Dear Sir/Madam,
In continuation of our letter dated 20th March, 2026 and pursuant to Part A Para A of Schedule III of
Regulation 30 of the SEBI Listing Regulations and in terms of SEBI circular HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated 30th January, 2026, we hereby wish to inform that, the Company had approved
an investment of up to USD 20,000 for incorporation of its Wholly Owned Subsidiary (WOS) in Brazil,
namely, SKIPPER LATAM LTDA, at the Board Meeting held on 31st July, 2025. The Company had also
intimated the Stock Exchanges that the share capital of the said WOS would be BRL 1,00,000/-.
In this regard, the Company has remitted USD 19,560 towards the aforesaid investment, which is within
the approved limit. However, owing to foreign exchange rate fluctuations, the actual amount received by
the WOS in Brazil is BRL 1,01,144.76, resulting in an excess amount of BRL 1,144.76 over the initially
intimated share capital. In view of the same, the revised share capital of the WOS stands at BRL
1,01,144.76.
The aforesaid information is also being placed on the website of the Company at
https://www.skipperlimited.com
We request you to kindly take the same on records.
Thanking You,
Yours faithfully,
For Skipper Limited
Anu Singh
Company Secretary & Compliance Officer