Skipper Ltd Incorporates Evergrid India Subsidiary

Date: 05.11.2026

Subsidiary Incorporation Details

Skipper Limited has incorporated a wholly owned subsidiary company named Evergrid India Private Limited in Kolkata, India. The incorporation was completed on November 4, 2026, with the business registration extract received on the same date.

Capital Structure

• Authorised Capital: ₹25,00,00,000 (₹25 crore)
• Paid-up Capital: ₹1,00,00,000 (₹1 crore)
• Investment Details: 1,00,000 equity shares of ₹100 each subscribed by Skipper Limited

Business Focus

The subsidiary is incorporated with the object of transmission and EPC (Engineering, Procurement, and Construction) works, which aligns with Skipper Limited's main line of business.

Ownership and Transaction Details

• Percentage of shareholding acquired: 100%
• Transaction type: Related party transaction (as it is a wholly owned subsidiary)
• Consideration: Cash investment through share subscription
• No governmental or regulatory approvals required for this acquisition
• No indicative time period for completion specified (as it is an incorporation rather than an acquisition)