Skipper Ltd. Incorporates Wholly-Owned Subsidiary in Brazil
Skipper Limited announced the incorporation of a wholly-owned subsidiary, Skipper Latam Ltda, in São Paulo, Brazil, on March 20, 2026. The subsidiary was established as part of the company’s strategy to expand operations beyond India and create a platform for global trading and marketing of its products.Skipper Latam Ltda will focus on the sale of towers and poles, including accessories. The company is newly incorporated, with a share capital of R$ 1,00,000. The subsidiary is considered a related party transaction due to Skipper Limited’s full ownership.
Details regarding the incorporation are as follows:
| Particulars | Details |
|---|---|
| Name of the target entity | SKIPPER LATAM LTDA |
| Country of Incorporation | São Paulo, Brazil |
| Share capital | R$ 1,00,000 |
| Turnover | Not Applicable (newly incorporated) |
| Industry | Selling Towers and Poles (including accessories) |
| Date of Incorporation | March 16, 2026 |
| Date of receiving the Business registration extract | March 19, 2026 |
| Ownership | 100% stake |
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