Updates

SKPL/SECT/2026-27/110 Date: 05.11.2026 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, 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 a Private Company as a Wholly Owned Subsidiary in the name of EVERGRID INDIA PRIVATE LIMITED in Kolkata, India. 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: Evergrid India Private Limited in brief such as size, turnover etc. Country of Incorporation: India Share capital: • Authorised Capital – Rs. 25,00,00,000 • Paid-up Capital – Rs. 1,00,00,000 (b) Whether the acquisition would fall within Evergrid India Private Limited is a wholly owned subsidiary related party transaction(s) and whether the of Skipper Limited. promoter/ promoter group/ group Accordingly, it is a related party. companies 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 It is incorporated with the object of transmission and EPC belongs works. (d) Objects and impact of acquisition (including The Wholly Owned Subsidiary is incorporated with the but not limited to, disclosure of reasons for object of transmission and EPC works. acquisition of target entity, if its business is outside the main line of business of the listed entity) (e) Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition (f) Indicative time period for completion of the Not Applicable acquisition (g) Consideration - whether cash consideration The company will invest funds by subscribing shares of or share swap or any other form and details newly incorporated company. of the same (h) Cost of acquisition and/or the price at which 1,00,000 Equity shares of Rs. 100/- each. 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: 04.11.2026 terms of products/line of business acquired, Date of receiving the Business registration extract: date of incorporation, history of last 3 years 04.11.2026 turnover, country in which the acquired entity has presence and any other significant information (in brief)