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 has officially announced the results of its postal ballot conducted through e-voting, with shareholders demonstrating overwhelming support for the company's strategic financial enhancement initiatives. The results, declared on December 19, 2025, show strong confidence in the management's growth strategy with 95.08% approval for both critical resolutions.

E-Voting Results and Shareholder Participation

The postal ballot process concluded successfully with significant shareholder participation across all categories. A total of 280 members holding 79,979,449 fully paid-up equity shares cast their votes through the National Securities Depository Limited (NSDL) e-voting platform.

Resolution-wise Voting Results

Both special resolutions received identical approval rates, reflecting unanimous shareholder confidence in the company's financial strategy.

Resolution 1: Borrowing Power Enhancement Approval for increasing borrowing powers under Section 180(1)(c) of the Companies Act, 2013 to ₹8,000 crores received substantial support.

Resolution 2: Asset Mortgage Creation Approval for mortgage and/or charge creation on movable and immovable assets under Section 180(1)(a) of the Companies Act, 2013.

Regulatory Compliance and Process Details

The postal ballot was conducted in full compliance with the Companies Act, 2013 and SEBI regulations. The process followed guidelines prescribed by the Ministry of Corporate Affairs through various circulars issued for conducting postal ballot processes through e-voting.

Strategic Impact and Financial Enhancement

The approved resolutions significantly enhance Skipper Limited's financial flexibility by increasing the borrowing limit from ₹5,000 crores to ₹8,000 crores. This ₹3,000 crore enhancement positions the company for accelerated growth and expansion opportunities in India's infrastructure sector.

The mortgage creation approval aligns with the enhanced borrowing capacity, providing the company with comprehensive financial tools to support its strategic initiatives. The overwhelming shareholder support demonstrates strong confidence in the management's ability to utilize these enhanced financial capabilities effectively.

The successful completion of this postal ballot process, combined with the company's recent leadership enhancements including the appointment of Mr. Jalaj Kumar Malpani as Chief Operating Officer, strengthens Skipper Limited's foundation for future growth in the engineering and infrastructure sector.