Skipper Limited has received a demand order under the Central Goods and Services Tax (CGST) Act 2017 from tax authorities in Chhattisgarh. The company disclosed this development through a regulatory filing under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015.

Demand Order Details

The demand order was issued by the Office of Assistant Commissioner of State Tax, Korba-1, Raigarh Division, Chhattisgarh, under Section 73 of the CGST Act 2017. The order, referenced as 2D221225026392V, was dated December 19, 2025, and received by the company subsequently.

The total demand comprises multiple components as detailed below:

Company's Response and Impact Assessment

Skipper Limited has assessed the impact of this demand order on its operations. According to the company's disclosure, there is no material impact on the financial, operational, or other activities of the organization. The company has indicated its intention to challenge the demand through proper legal channels.

The company plans to file an appeal against the demand order within the stipulated timeframe as prescribed under the relevant tax regulations. This approach demonstrates the company's commitment to addressing the matter through established legal procedures.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations, specifically under Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations 2015. The company has also made this information available on its official website at https://www.skipperlimited.com/ for stakeholder access.

This regulatory filing ensures transparency and keeps investors and other stakeholders informed about material developments that could potentially affect the company's operations or financial position.

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.