BSECompany Update22h ago · 30 Oct 2026, 05:23 pm

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Skipper Ltd · 538562

✦ AI SummaryJoint Venture

Skipper Ltd has incorporated a wholly owned subsidiary company, SKIPPER GRIDTECH Inc, in Texas, USA, with an initial share capital of up to USD 50,000.

Analysis Scores

Earnings Impact2/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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Full Announcement

Skipper Ltd - 538562 - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015- Incorporation Of A Wholly Owned Subsidiary Company

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SKPL/SECT/2026-27/104 Date: 30th 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- Incorporation of a Wholly Owned Subsidiary Company Dear Sir/Madam, In continuation of our letter dated 31st July, 2025 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 has incorporated Wholly Owned Subsidiary in the name of SKIPPER GRIDTECH Inc in Texas, USA. 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 hereby enclosed as Annexure-A. 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 Annexure – A Details 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 Sr. Particulars Details (a) Name of the target entity, details Name: SKIPPER GRIDTECH Inc in brief such as size, turnover etc. Country of Incorporation: USA Share capital: upto USD 50,000 Turnover: Not Applicable since it’s a newly incorporated wholly owned subsidiary of the Company (b) Whether the acquisition would fall within SKIPPER GRIDTECH Inc is a wholly owned subsidiary of related party transaction(s) and whether the Skipper Limited. promoter/ promoter group/ group companies Accordingly, it is a related party. have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” (c) Industry to which the entity being acquired The corporation is formed for any and all lawful business belongs for which a for-profit corporation may be organized under the Texas Business Organization Code. (d) Objects and impact of acquisition (including The corporation is formed for any and all lawful business but not limited to, disclosure of reasons for for which a for-profit corporation may be organized under acquisition of target entity, if its business is the Texas Business Organization Code. outside the main line of business of the listed entity) (e) Brief details of any governmental or Office of the Secretary of State of Texas regulatory approvals required for the acquisition (f) Indicative time period for completion of the Not Applicable acquisition (g) Consideration - whether cash consideration The company has invested funds by subscribing shares of or share swap or any other form and details newly incorporated overseas company. of the same (h) Cost of acquisition and/or the price at which Upto USD 50,000 the shares are acquired (i) Percentage of shareholding / control 100% stake of the company is acquired. acquired and / or number of shares acquired (j) Brief background about the entity acquired in Date of Incorporation: 26.10.2026 terms of products/line of business acquired, Date of receiving the Business registration extract: date of incorporation, history of last 3 years 30.10.2026 turnover, country in which the acquired entity has presence and any other significant information (in brief)