Skipper Limited — Others, 17-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Skipper Limited is facing a penalty of ₹20.42 crore from the Additional Commissioner, CGST & Central Excise, Kolkata, due to discrepancies in unbilled revenue for FY 2017-18 and 2018-19. The company disputes the notice and plans to contest the penalty. This financial burden could impact the company’s cash flow and profitability; however, if challenges to the penalty are successful, it could mitigate potential risks. Investors should monitor this situation closely, as the outcome may influence sentiment around the company's financial stability.