Skipper Limited , a prominent player in the infrastructure and polymer products sector, has announced a significant technological upgrade to its operations. The company has successfully implemented SAP S/4HANA RISE as its core enterprise-wide ERP platform, marking a notable step in its digital transformation journey.

Project GARUDA: A Symbol of Strength and Innovation

The implementation project, internally dubbed 'Project GARUDA', symbolizes strength, agility, and innovation. This name choice aligns with Skipper Limited's strategic vision of building a robust, scalable, and future-ready digital backbone for its operations.

Comprehensive Scope of Transformation

The new ERP platform covers key business functions across the organization, including:

This comprehensive coverage ensures a holistic transformation of Skipper Limited's operational landscape.

Objectives and Expected Benefits

The primary objectives of this upgrade include:

1. Enhancing business agility and decision-making through real-time data and analytics
2. Standardizing and streamlining processes across locations and business units
3. Improving governance, controls, and compliance through better process visibility
4. Creating a future-ready, scalable technology foundation for the company's growth plans

Expected benefits from this implementation include:

• Improved process efficiency and operational visibility across the value chain
• Faster and more informed decision-making enabled by real-time data and analytics
• Enhanced internal controls, auditability, and compliance
• A stronger digital foundation to support future growth, innovation, and stakeholder value

Financial Implications

While the implementation of SAP S/4HANA RISE is a significant technological investment, Skipper Limited has stated that it is not expected to have any immediate material impact on the company's revenue or profitability. Instead, the initiative is anticipated to yield long-term operational and strategic benefits through process efficiencies and better decision support.

This strategic move by Skipper Limited demonstrates the company's commitment to leveraging cutting-edge technology to enhance its operational capabilities and maintain its competitive edge in the market. As businesses increasingly rely on data-driven decision-making, this implementation positions Skipper Limited to capitalize on emerging opportunities and navigate future challenges more effectively.

Investors and stakeholders will likely be keen to observe how this digital transformation translates into tangible business outcomes in the coming quarters and years.

Skipper Limited , a prominent player in the infrastructure and engineering sector, has recently made several significant announcements that may impact its shareholders and corporate structure.

Forfeiture of Partly Paid-Up Equity Shares

The Board of Directors of Skipper Limited has decided to forfeit 33,198 partly paid-up equity shares with a face value of Re. 1 each. This action comes as a result of shareholders failing to pay the First and Final Call money by the stipulated deadline of August 20, 2025. The company had issued multiple notices to the affected shareholders since November 2024, but those who did not respond now face the extinction of all their interests and claims in the forfeited shares.

The forfeiture process, as outlined in the company's notice, involves the following key points:

• The forfeiture affects shareholders who did not pay the First and Final Call money by August 20, 2025.
• The company sent a forfeiture notice to all affected shareholders on November 18, 2025.
• The forfeited shares are now deemed to be the property of the company.
• Skipper Limited reserves the right to sell, dispose of, or cancel the forfeited shares as it sees fit.

Appointment of New Chief Operating Officer

In a separate announcement, Skipper Limited has elevated Mr. Jalaj Kumar Malpani to the position of Chief Operating Officer (COO), effective November 18, 2025. Mr. Malpani, previously serving as the President-Business Excellence, will continue to be part of the company's Senior Management team in his new role.

Key details about Mr. Malpani's background and appointment include:

• Educational background: Graduate from St Xavier's College, Kolkata; Qualified Chartered Accountant and Cost Accountant.
• Previous experience: Worked with Vedanta Ltd. and Arcelor Mittal.
• Areas of expertise: Human Resources (HR), IT & Digital Transformation, EHS & Sustainability, Administration, and Power Improvement Initiatives.

The company's management cited Mr. Malpani's versatile experience as the reason for his elevation to the COO position.

Postal Ballot for Increasing Borrowing Powers

Additionally, Skipper Limited has initiated a postal ballot process to seek shareholder approval for increasing the company's borrowing powers. The key points of this proposal are:

The company is also seeking approval to create mortgage/charge/hypothecation on its movable and immovable properties to secure the proposed increased borrowings.

These corporate actions reflect Skipper Limited's efforts to streamline its equity structure, strengthen its management team, and secure additional funding for future growth. Shareholders and potential investors should closely monitor these developments and their potential impact on the company's financial position and operational capabilities.