Skipper Limited announced today, June 03, 2026, that its Board of Directors has approved a proposal to raise funds up to ₹433.49 crore (433,49,98,940) through a preferential allotment. The company plans to issue up to 92,23,402 equity shares, each with a face value of Re. 1, at a price of ₹470 per share. This includes a premium of ₹469 per share. The issuance is targeted towards investors in the Non-Promoter category and is subject to shareholder approval. An Extra-Ordinary General Meeting (EGM) has been scheduled for Friday, June 26, 2026, to obtain the necessary member approval for this fund-raising exercise. The meeting will be conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The Board meeting commenced at 03:00 p.m. and concluded at 03:30 p.m. The company has also disclosed details regarding the proposed allottees, including Emerge Private Opportunities Trust I, Cohesion Mk Best Ideas Sub-Trust, Bandhan Small Cap Fund, Smallcapworld Fund Inc, and American Funds Insurance Series Global Small Capitalization Fund.
