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              The Board of Directors of Skipper Ltd at its meeting held on 5th September, 2017, issued and allotted 87,000 equity shares of Re. 1/- each of the Company to the eligible employees on exercise of options pursuant to 'Skipper Employee Stock Option Plan 2015'.
Consequently with effect from 5th September, 2017, the issued and paid up capital of the Company stands increased to Rs. 10,24,03,462 consisting of 10,24,03,462 equity shares of Re. 1/- each.