Skipper Limited (Skipper), incorporated in 1981, is the largest manufacturer of Transmission & Distribution Structures in India with engineering and manufacturing facilities in Eastern India. The company takes advantage of the available power and steel supply, the cost-effective labour, and proximity to ports. It has four state-of-the-art manufacturing plants in this region, two in Jangalpur; one in Uluberia near Kolkata, West Bengal; and one in Palasbari, near Guwahati). The Guwahati plant commenced operations in March 2017 and aims to tap the growing demand for T&D products in the North East region. The total installed capacity of Engineering products now stands at 265,000 MT.

The company’s Polymer Product Segment has a manufacturing capacity of 51,000 MTPA. Over 70% of the gross block is less than six years old, and Skipper is one of the very few companies in India to be assured of CPVC for the manufacture of state-of-the-art pipes. Skipper is the only Company in the sector to undertake an asset-light route for expansion, setting up satellite manufacturing units to cater to the different zones of the country.

TRANSACTION

Demerger of Polymer products division/undertaking of Skipper Limited in Skipper Pipes Limited (SPL) except palasbari unit situated at Guwahati Assam with Appointed Date as 1St April 2018 Swap Ratio is 1:1 as Mirror Image of Skipper Limited.

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