Skipper Limited shareholders have approved amendments to the company's Articles of Association (AoA) and revised remuneration for its top executives through a postal ballot process. The resolutions, passed as special resolutions, authorize changes to the pay structure for Dr. Sajan Kumar Bansal, Chairman and Managing Director, and Whole Time Directors Mr. Sharan Bansal, Mr. Devesh Bansal, and Mr. Siddharth Bansal. The approvals were sought under Sections 196 and 197 of the Companies Act, 2013, read with Schedule V of the Act and relevant SEBI regulations.

The remote e-voting facility, provided by National Securities Depository Limited (NSDL), was open from May 8, 2026, at 9:00 AM IST until June 6, 2026, at 5:00 PM IST. Mr. Raj Kumar Banthia, a Practicing Company Secretary and partner of M/s. MKB & Associates, was appointed as the scrutinizer to ensure the conduct of the postal ballot was fair and transparent. The process was conducted in compliance with Section 108 and Section 110 of the Companies Act, 2013, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting Results Summary

A total of 251 members holding 80,490,373 fully paid-up equity shares cast their votes through remote e-voting. All five resolutions were passed with the requisite majority. The detailed voting results for the key resolutions are as follows:

The Promoter and Promoter Group cast 75,080,657 votes in favour of all resolutions. Public Institutions and Public Non-Institutions also participated, with the majority of votes from these categories in favour of the proposals. The detailed e-voting results and the scrutinizer's report have been submitted to the stock exchanges and are available on the company's website.

Skipper Limited has confirmed the dispatch of the notice for its Extraordinary General Meeting (EGM) scheduled on June 26, 2026, to seek shareholder approval for raising ₹433.5 crore through a preferential issue of equity shares. The company plans to issue up to 92,23,402 equity shares at a price of ₹470 each, including a premium of ₹469, to non-promoter investors such as Emerge Private Opportunities Trust I and SmallCap World Fund Inc. The proceeds will be utilized for the repayment of working capital loans and general corporate purposes.

The Board of Directors approved the proposal at its meeting held on June 3, 2026. In compliance with Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed that newspaper advertisements were published on June 5, 2026, in the Financial Express (English) and Ek Din (Bengali) regarding the completion of the dispatch of the EGM notice. Additionally, the company issued letters to shareholders whose email addresses are not registered with the company, Registrar and Share Transfer Agent, or Depository Participants, providing a weblink to access the EGM notice on its website. The preferential issue is subject to regulatory approvals, including compliance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. India Ratings and Research Limited has been appointed as the monitoring agency for the utilization of the issue proceeds.

Proposed Allottees and Issue Size

The company has identified specific investors for the preferential allotment. The issue price of ₹470 per share is higher than the minimum price of ₹469.81 determined based on the volume-weighted average price (VWAP) on the National Stock Exchange of India Limited.

Utilization of Proceeds

The funds raised will be primarily used to repay part of the working capital demand loan and cash credit facility availed by the company. The remaining amount will be allocated for general corporate purposes, which may include meeting ongoing exigencies and contingencies.

The EGM will be held through Video Conferencing (VC) and Other Audio-Visual Means (OAVM). Remote e-voting will be available from June 23, 2026, to June 25, 2026, with the record date set as June 19, 2026. The resolution requires a special resolution to be passed by the members.