Key Quantitative Figures
- Approved investment limit: USD 20,000
- Actual investment remitted: USD 19,560
- Initially intimated share capital: BRL 1,00,000
- Revised share capital: BRL 1,01,144.76
- Excess amount due to forex fluctuations: BRL 1,144.76
Dates of Action
- Board Meeting approval date: 31st July, 2025
- Previous intimation to exchanges: 20th March, 2026
- Current disclosure date: 23rd October, 2026
Entities Involved
- Skipper Limited (Parent company)
- SKIPPER LATAM LTDA (Wholly Owned Subsidiary in Brazil)
- National Stock Exchange of India Limited
- BSE Limited
Financial Impact
The investment of USD 19,560 has been remitted and resulted in a revised share capital of BRL 1,01,144.76 for the Brazilian subsidiary, representing an excess of BRL 1,144.76 over the initially planned capital due to foreign exchange rate fluctuations.
Additional Information
The information has been placed on the company website at https://www.skipperlimited.com/.