Skipper Limited Seeks Shareholder Approval for Increased Borrowing Powers and Asset Mortgages
Skipper Limited announced on December 18, 2025, the proceedings of its Postal Ballot, which was conducted via remote e-voting. The company sought shareholder approval for two key resolutions as specia...
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Why is Skipper Limited in the news today?
Skipper Limited (SKIPPER) is in the news due to the announcement is a procedural update regarding a shareholder meeting for approvals related to borrowing powers and asset mortgages. it does not contain financial results or specific operational performance indicators that would suggest a positive or negative sentiment.
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Skipper Limited Seeks Shareholder Approval for Increased Borrowing Powers and Asset Mortgages
December 18, 2025, 12:56 PM
Skipper Limited announced on December 18, 2025, the proceedings of its Postal Ballot, which was conducted via remote e-voting. The company sought shareholder approval for two key resolutions as special resolutions.
The first resolution pertains to the increase in the company's borrowing powers under Section 180(1)(c) of the Companies Act, 2013. The second resolution concerns the creation of a mortgage or charge on the company's movable and immovable assets and properties under Section 180(1)(a) of the Companies Act, 2013.
The Postal Ballot Notice, dated November 7, 2025, was sent to shareholders on November 18, 2025. The remote e-voting commenced on November 19, 2025, at 9:00 AM IST and concluded on December 18, 2025, at 5:00 PM IST. The results of the postal ballot, along with the consolidated e-voting report, will be intimated to the stock exchanges within two working days from the conclusion of the e-voting procedure. Mr. Raj Kumar Banthia was appointed as the Scrutinizer for the postal ballot process.
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