Skipper Limited — Important, 31-12-2024: Committee Meeting Updates

Skipper Limited has received Rs. 197.59 Crores, or 99.20% of the total issue size of Rs. 199.18 Crores, from its Rights Issue after the final call of Rs. 145.50 per partly paid equity share, with Rs. 143.14 Crores received during the initial call and an additional Rs. 4.65 Crores during the reminder period. The Rights Issue Committee approved the conversion of 319,675 partly paid equity shares into fully paid-up shares. With this conversion, the paid-up capital increases to Rs. 11.28 Crores, consisting of 112,827,345 fully paid shares. This update suggests a strong shareholder response, potentially enhancing investor confidence.