Skipper Limited — Important, 31-07-2025: Updates

Skipper Limited's Board has approved corporate guarantees totaling Rs. 500 Cr. This includes Rs. 350 Cr for new wholly-owned subsidiaries to be established in USA, UAE, and Brazil, designed to support their business operations and funding access. An additional Rs. 150 Cr guarantee is approved for its Joint Venture, Skipper-Metzer India LLP. This strategic move aims to facilitate global expansion and strengthen JV operations. No immediate financial impact on Skipper Limited is noted.