Skipper Limited — Others, 06-08-2025: Monitoring Agency Report
06-08-2025 | 11:56 am
06-08-2025 | 11:56 am
Skipper Limited has submitted its Monitoring Agency Report for the quarter ended June 30, 2025, regarding the utilization of its Rights Issue proceeds. The report confirms there is no deviation from the stated objects for which the funds were raised. Out of the total issue size of 199.18 Cr, the company has received 198.45 Cr so far. Of this, 197.53 Cr has been utilized for augmenting working capital, general corporate purposes, and issue expenses. A small unutilized amount of 0.92 Cr remains in an escrow account, pending trading approvals. This ensures transparency in fund deployment for investors.
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