Skipper Limited disclosed an inter-se transfer of shares within its promoter group, wherein Ventex Trade Private Limited acquired 4,24,627 equity shares from Utsav Ispat LLP. The transaction, executed via a block deal on June 29, 2026, represents 0.38% of the company's total paid-up equity share capital. This acquisition was carried out in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Following the acquisition, Ventex Trade Private Limited increased its shareholding to 61,56,896 equity shares, which constitutes 5.46% of the total paid-up equity share capital. Conversely, Utsav Ispat LLP divested its entire holding of 4,24,627 shares, reducing its stake to nil. The transfer was structured as an inter-se transfer, ensuring the shares remained within the promoter group without impacting the aggregate promoter holding.

The total equity share capital of Skipper Limited stands at 11,29,04,035 equity shares of ₹1 each. Despite the individual changes in holdings, the cumulative shareholding of the promoter group remained stable at 7,50,80,657 shares, accounting for 66.50% of the total paid-up capital. Key entities within the group include Skipper Plastics Limited, SK Bansal Legacy Trust, and SK Bansal Family Trust.

Shareholding Details

The table below outlines the changes in shareholding for the entities involved in the transaction:

Promoter Group Composition

The promoter group of Skipper Limited comprises individuals and entities acting in concert. Besides Ventex Trade Private Limited and Utsav Ispat LLP, the group includes Sajan Kumar Bansal, Sharan Bansal, and other family members. Corporate entities such as Vaibhav Metals Private Limited, Samriddhi Ferrous Private Limited, and Skipper Polypipes Private Limited also form part of the group. The family trusts, including SK Bansal Legacy Trust and SK Bansal Family Trust, hold significant stakes within the promoter category.

Skipper Limited secured shareholder approval to issue equity shares on a preferential basis during an Extra-Ordinary General Meeting (EGM) held on June 26, 2026. The special resolution was passed with 99.9999% of votes polled in favour, enabling the company to raise capital for growth strategies. The meeting was conducted via Video Conferencing and Other Audio Visual Means (VC/OAVM), concluding at 12:29 P.M. (IST).

The EGM was presided over by Dr. Sajan Kumar Bansal, Chairman & Managing Director. Mrs. Anu Singh, Company Secretary & Compliance Officer, briefed the attendees on the guidelines and introduced the directors, key managerial personnel, and representatives of the statutory and secretarial auditors. Leave of absence was granted to Mr. Sharan Bansal, Whole-time Director, and Mrs. Richa Manoj Goyal, Independent Director.

Remote e-voting facilities were provided through National Securities Depositories Limited (NSDL) from June 23, 2026, to June 25, 2026. Mr. Gaurav Thakur, Practicing Cost Accountant, served as the scrutinizer for the voting process. The record date for determining eligibility was June 19, 2026.

Voting Results Summary

The company has communicated the final voting results to the stock exchanges, and the scrutinizer's report has been submitted to the exchanges.