Skipper Limited announced that CARE Ratings Limited has assigned a CARE A1 credit rating to the company's short-term bank facilities. The rating disclosure was made on January 15, 2026, in compliance with SEBI regulations governing listed companies.

Credit Rating Details

The rating agency has assigned the following credit rating to the engineering company:

Regulatory Compliance

The company made this disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was formally communicated to both the National Stock Exchange of India Limited and BSE Limited through proper regulatory channels.

Rating Significance

The CARE A1 rating represents a strong credit quality assessment for short-term financial instruments. This rating reflects the company's creditworthiness and ability to meet its short-term financial obligations. The assignment of this rating provides enhanced credibility to Skipper Limited's financial standing in the market.

Company Information

The disclosure was signed by Anu Singh, Company Secretary and Compliance Officer of Skipper Limited. The company trades on NSE under the symbol SKIPPER and on BSE with scrip code 538562. This rating assignment strengthens the company's position in the engineering sector and provides additional confidence to stakeholders regarding its financial stability.

Skipper Limited has received a CARE A1 credit rating from CARE Ratings Limited for its short term bank facilities worth ₹100.00 crores. The company made this disclosure on January 12, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Credit Rating Details

The rating assignment covers the company's short term bank facilities with the following specifications:

The CARE A1 rating represents a strong degree of safety regarding timely payment of financial obligations and carries very low credit risk. This rating reflects the credit rating agency's assessment of Skipper Limited's financial strength and ability to meet its short-term debt obligations.

Regulatory Compliance

The credit rating disclosure was communicated to both the National Stock Exchange of India Limited (NSE) and BSE Limited as part of the company's regulatory obligations. Skipper Limited trades on NSE under the symbol SKIPPER and on BSE with scrip code 538562.

Company Secretary & Compliance Officer Anu Singh signed the disclosure document digitally, ensuring proper documentation and compliance with regulatory requirements. The rating assignment provides stakeholders with an independent assessment of the company's creditworthiness for its short term banking arrangements.

Market Implications

The CARE A1 rating assignment indicates that CARE Ratings Limited views Skipper Limited as having adequate capacity to meet its short term financial commitments. This credit rating serves as an important reference point for lenders, investors, and other stakeholders in evaluating the company's financial profile and credit risk associated with its short term bank facilities.