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.
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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)