Skipper Limited approved a ₹433.50 Crore preferential issue of equity shares to institutional investors. The capital raise strengthens the balance sheet for future growth initiatives.
Skipper Limited submitted its Monitoring Agency Report for the quarter ended March 31, 2026, confirming the utilization of ₹198.70 Crore raised via a Rights Issue. The report, issued by India Ratings, indicates no deviations from the stated objects of the issue, which included working capital requirements and general corporate purposes.
