Skipper Limited — Others, 09-05-2025: Monitoring Agency Report

Skipper Limited has announced a board meeting to review its financial results for the quarter and half-year. The company has utilized proceeds from its Rights Issue amounting to INR 1991.80 million primarily for working capital (INR 1598.63 million) and general corporate purposes (INR 318 million), with INR 9.76 million spent on issue expenses. There were no deviations or delays in fund use, and INR 0.56 million remains in escrow pending trading approvals. This confirms effective deployment of funds supporting the company’s operational and financial requirements.