Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from Skipper Ltd ( (IN:SKIPPER) ).
Skipper Limited has sought shareholder approval via postal ballot, conducted exclusively through remote e-voting, to increase its borrowing powers and to enable the creation of mortgages or charges over its movable and immovable assets under Sections 180(1)(c) and 180(1)(a) of the Companies Act, 2013. The board-initiated process, carried out in compliance with SEBI, MCA and secretarial standards, underscores the company’s intention to expand its financial flexibility and leverage, with the detailed e-voting results and scrutinizer’s consolidated report to be submitted to the stock exchanges within two working days of the ballot’s conclusion, signalling potential implications for its future funding strategy and capital structure.
More about Skipper Ltd
Average Trading Volume: 16,494
Technical Sentiment Signal: Buy
Current Market Cap: 49.5B INR
For a thorough assessment of SKIPPER stock, go to TipRanks’ Stock Analysis page.