Skipper Limited Gets CRISIL A/Stable Credit Rating

Skipper Limited has received fresh credit ratings from CRISIL Ratings Limited, marking a significant development in the company's financial profile. The engineering company disclosed this information as part of its regulatory compliance under SEBI listing obligations.

Credit Rating Details

CRISIL Ratings Limited has assigned comprehensive credit ratings to Skipper Limited, covering both long-term and short-term financial obligations. The rating assignment reflects the agency's assessment of the company's creditworthiness and financial stability.

Rating Type	Rating Assigned
Long Term Rating	CRISIL A/Stable (Assigned)
Short Term Rating	CRISIL A1 (Assigned)

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about material events that could impact investor decisions.

Significance of the Ratings

The CRISIL A rating with a stable outlook indicates adequate degree of safety regarding timely servicing of financial obligations. The stable outlook suggests that the rating is unlikely to change in the near term. The CRISIL A1 short-term rating reflects adequate degree of safety regarding timely payment of short-term debt obligations.

These ratings provide investors and stakeholders with an independent assessment of the company's credit quality and financial strength, facilitating informed investment decisions in the engineering sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.40%	-2.76%	-11.52%	-14.05%	-22.62%	+600.23%

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:

Component:	Amount (₹)
Tax:	8,78,952
Interest:	5,79,098
Penalty:	87,896
Total Demand:	14,45,946

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.