In a regulatory filing, the company said the board has approved the rights issue of 1,02,67,021 equity shares having a face value of Rs 1 each to eligible shareholders on a partly-paid basis for an amount aggregating to Rs 1,991.80 million (Rs 199.18 crore).
Leading manufacturer of power transmission and distribution structures Skipper Ltd on Saturday said it has secured cumulative orders worth Rs 1,135 crore for the design, supply, and construction of new transmission line projects for Powergrid Corporation of India, as well as tower and pole export supplies.