At meeting held on 30 September 2018
The Board of Skipper at its meeting held on 30 September 2018 has decided to shift the manufacturing facility of the Company situated at Plot No - 5, UPSIDC, Industrial Area, G.T Road No - 91, Sikandrabad, Dist - Bulandshahar- 203206, Uttar Pradesh to NH6, Madhabpur, Post: Uluberia, Howrah - 711303, West Bengal by transfer of plant and machinery and other accessories probably within 31 December, 2018.The said plant belongs to the polymer division of the Company and is based on asset light model wherein the land and building has been taken on lease and the plant and machineries belong to the Company.
The above shifting will reduce the fixed cost without reduction in overall capacities of the division which stands at 51,000 MTPA. The Company will continue to serve the northern market through dealers and distribution network supported by the sales & marketing team of the Company.
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