Investment31 Jul 2026, 06:30 pm
Skipper Ltd Allots 92.23 Lakh Shares, Raises ₹433.5 Cr
AI Summary
Skipper Ltd has approved the allotment of 92,23,402 equity shares at an issue price of ₹470 per share, including a premium of ₹469. This preferential allotment has raised ₹4,33,49,98,940 for the company. The Board of Directors and Members had previously approved this issuance on June 3, 2026, and June 26, 2026, respectively. The company has received in-principle approval from BSE and NSE. Following the allotment, the company's issued, subscribed, and paid-up equity share capital has increased. Skipper Ltd will apply to the stock exchanges for listing and trading approval for these new shares.
Key Highlights
- Allotment of 92,23,402 equity shares at ₹470 each.
- Raised ₹4,33,49,98,940 through preferential issue.
- Board and Member approval secured for the issuance.
- In-principle approval received from BSE and NSE.
- Company's equity share capital has increased post-allotment.
Price Impact
More from SKIPPER