Subsidiary5 Nov 2026, 05:13 pm
Skipper Ltd Incorporates Wholly Owned Subsidiary EVERGRID INDIA PRIVATE LIMITED
AI Summary
Skipper Limited has incorporated a new private company, EVERGRID INDIA PRIVATE LIMITED, as its wholly-owned subsidiary in Kolkata, India. The subsidiary has an authorized capital of ₹25,00,00,000 and a paid-up capital of ₹1,00,00,000. It was incorporated with the object of undertaking transmission and EPC works. Skipper Limited will invest funds by subscribing to the shares of the newly incorporated company, acquiring a 100% stake. The incorporation is in line with SEBI Listing Regulations.
Key Highlights
- Skipper Ltd established a wholly-owned subsidiary, EVERGRID INDIA PRIVATE LIMITED.
- The subsidiary's objective is transmission and EPC works.
- Skipper Ltd will invest funds via share subscription.
- The company acquired a 100% stake in the new entity.
Price Impact
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