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📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
28 announcements match the current filters (relevance ≥ 5).
SKIL Infra approves Q3 FY26 results under CIRP; notes ₹3,054.35 Cr exceptional loss from UIHPL reduction
SKIL Infrastructure, which is currently undergoing Corporate Insolvency Resolution Process (CIRP), had its Resolution Professional committee approve unaudited results for the quarter ended December 31, 2025. The filing highlights an exceptional loss of ₹305,434.50 lakhs (₹3,054.35 Cr) arising from a 99.76% capital reduction by Urban Infrastructure Holdings Pvt. Ltd. (UIHPL), against which SKIL received ₹160.03 Cr net. The statutory auditor issued a qualified conclusion citing significant doubts about the company's going concern status and unadjusted CIRP claims.
Confidence: HIGH
What changedSKIL Infra reported delayed Q3 FY26 financial results approved by its Resolution Professional and recorded massive impairment losses on its UIHPL investment.
Why it mattersThe company carries significant debt of ₹1,668 Cr with zero operational revenue, and massive write-downs on historical investments underscore deep distress under insolvency.
Exceptional loss on UIHPL capital reduction: Rs. 305,434.50 LakhsConsideration received from UIHPL: Rs. 16003.34 LakhsUnreconciled subsidiary balance: Rs. 16.19 lakhUIHPL Capital Reduction %: 99.76%
📅 Short termTrading sentiment remains heavily distressed with the company under insolvency administration and auditors issuing qualified reviews on going concern validity.
📈 Long termValue recovery for public equity shareholders remains highly doubtful given large admitted debt liabilities and reliance on the IBC resolution outcome.
⚠ Risk flags
- Corporate Insolvency Resolution Process (CIRP) ongoing
- Material uncertainty over going concern expressed by auditor
- Zero operational revenue and massive outstanding debt of ₹1,668 Cr
Key Highlights
Resolution Professional Committee approved unaudited results for Q3 ended December 31, 2025 on September 15, 2026
Exceptional loss of ₹305,434.50 lakhs (₹3,054.35 Cr) recognized following a 99.76% capital reduction in UIHPL
Company received consideration of ₹16,003.34 lakhs (₹160.03 Cr, net of ₹408.38 lakhs TDS) in April 2025 from UIHPL
Auditor flagged qualified conclusion due to material uncertainty over going concern and ₹16.19 lakh unreconciled intercompany balances
NCLAT vacated stay on October 15, 2025, enabling the constitution of the Committee of Creditors
👀 What to Watch
Track the ongoing CIRP proceedings under the IBC and outcomes from the Committee of Creditors meetings regarding any prospective resolution plans or asset liquidations.
SKIL Infra RP Committee Approves Delayed Q2 FY26 Results with Qualified Auditor Opinion
SKIL Infrastructure announced that its Resolution Professional (RP) Committee approved the delayed unaudited standalone and consolidated results for the quarter ended September 30, 2025. Statutory auditors issued a qualified conclusion citing unadjusted differential CIRP claims, non-impairment of Rs 1,028.69 lakh receivables from the Employee Welfare Trust, and an unreconciled intercompany gap of Rs 16.19 lakh. The company remains under insolvency proceedings since February 1, 2024, with its resolution plan still under consideration by the Committee of Creditors.
Confidence: HIGH
What changedSKIL Infra filed its long-delayed Q2 FY26 financial results, which were taken on record by the Resolution Professional in lieu of the suspended board.
Why it mattersThe company carries Rs 1,668 Cr of debt against near-zero revenues, and multiple audit qualifications highlight uncertain asset valuations and unresolved creditor claims under IBC.
Receivable from Employee Welfare Trust: Rs 1,028.69 lakhsIntercompany loan discrepancy: approx Rs 16.19 lakhCapital reduction in UIHPL: 99.76%Total Debt (Context): Rs 1668 Cr
📅 Short termTrading sentiment remains severely constrained by insolvency status, extensive audit qualifications, and missing bank statement confirmations.
📈 Long termValue realization for equity holders is highly doubtful given the heavy debt burden and ongoing insolvency resolution proceedings under NCLT.
⚠ Risk flags
- Corporate Insolvency Resolution Process (CIRP) ongoing with suspended board
- Multiple statutory auditor qualifications and scope limitations on bank balances
- Zero operational revenue alongside substantial debt obligations
Key Highlights
Resolution Professional Committee approved unaudited results for quarter ended September 30, 2025 on September 8, 2026
Statutory auditor issued qualified conclusions regarding Rs 1,028.69 lakh receivable from SKIL Group Employees Welfare Trust
Auditors flagged unadjusted intercompany loan mismatch of approximately Rs 16.19 lakh with subsidiary SKIL Advanced Systems
Urban Infrastructure Holdings Pvt Ltd approved a 99.76% capital reduction, leading to investment impairment
👀 What to Watch
Track the outcome of the Corporate Insolvency Resolution Process (CIRP) and whether the Committee of Creditors votes to approve any resolution plan or proceeds to liquidation.
SKIL Infra Approves Q1 FY26 Results Under CIRP; Notes ₹160.03 Cr UIHPL Capital Reduction Inflow
SKIL Infrastructure announced its unaudited financial results for the quarter ended June 30, 2025, approved by the Resolution Professional (RP) Committee. The company noted receipt of ₹160.03 crore (net of TDS of ₹4.08 crore) in April 2025 into its CIRP bank account following a 99.76% capital reduction by investee company Urban Infrastructure Holdings Pvt Ltd (UIHPL). Statutory auditors issued a qualified conclusion highlighting material going concern uncertainties and unreconciled intercompany balances.
Confidence: HIGH
What changedThe RP Committee approved and filed delayed unaudited standalone and consolidated Q1 FY26 financial results, reflecting the ₹160.03 Cr capital reduction receipt.
Why it mattersThe company remains under insolvency resolution with zero operational revenue and heavy debt (₹1,668 Cr vs market cap of ~₹17 Cr); cash inflows under CIRP are subject to creditor claims and CoC allocation.
Capital reduction consideration received: Rs 16003.34 LakhsTDS deducted on capital reduction: Rs 408.38 LakhsUIHPL Capital Reduction percentage: 99.76%Unreconciled subsidiary balance (SKAD): Rs 16.19 lakhs
📅 Short termThe stock remains heavily distressed and restricted due to ongoing CIRP proceedings and severe auditor qualifications regarding going concern viability.
📈 Long termEquity value remains at critical risk of total dilution or cancellation depending on the final resolution plan approved by the NCLT.
⚠ Risk flags
- Corporate Insolvency Resolution Process (CIRP) underway with material uncertainty on going concern
- Auditor qualification over unadjusted admitted claims vs book liabilities and intercompany mismatches
- Extreme debt burden of ₹1,668 Cr against negligible operational revenue
Key Highlights
Received ₹160.03 Cr (net of TDS of ₹408.38 Lakhs) in April 2025 from UIHPL's 99.76% share capital reduction across 12.38 crore shares at ₹13.25 each.
Retains 297,984 equity shares in UIHPL post-capital reduction, with previous shares having been pledged to asset reconstruction lenders.
Auditors issued a qualified conclusion citing going concern doubts and an unreconciled intercompany difference of ₹16.19 lakh with subsidiary SKAD.
CIRP proceedings continue following NCLAT's vacating of stay and CoC confirmation of Purusottam Behera as Resolution Professional.
👀 What to Watch
Track subsequent Committee of Creditors (CoC) meetings and NCLT hearings regarding the submission and approval of any binding resolution plans for the Corporate Debtor.
Rs 1,668 Cr Debt Reported by SKIL Infrastructure in Delayed FY25 Results Under Insolvency Process
SKIL Infrastructure, currently undergoing Corporate Insolvency Resolution Process (CIRP), has released its audited FY25 results showing zero operational revenue. The company carries a massive debt of Rs 1,668 Cr, which is approximately 79 times its current market capitalization of Rs 21 Cr. Auditors have issued a qualified opinion, citing material uncertainty regarding the company's ability to continue as a going concern and unverified claims from creditors. The Committee of Creditors (CoC) was only fully functional after October 2025 following the vacation of a legal stay.
Confidence: HIGH
What changedThe company has finally published its audited FY25 financial results, which were delayed due to legal stays on the insolvency process and the suspension of the board.
Why it mattersThe filing confirms the company's total lack of operations and extreme debt levels, reinforcing the high risk that the company may not survive the insolvency process in its current form.
Total Debt: Rs 1,668 CrDebt to Market Cap: 79.4xAnnual Revenue (FY25): Rs 0 CrNet Worth: Rs 648 CrCIRP Commencement Date: February 1, 2024
📅 Short termThe stock is likely to remain highly speculative and illiquid as the market digests the depth of the financial distress and the ongoing insolvency process.
📈 Long termThe long-term outlook is entirely dependent on the NCLT resolution plan; structural survival is uncertain given the zero-revenue status and massive liabilities.
⚠ Risk flags
- Corporate Insolvency Resolution Process (CIRP)
- Zero operational revenue
- Massive debt-to-equity imbalance
- Qualified audit opinion
- Material uncertainty on going concern
Key Highlights
Total debt of Rs 1,668 Cr remains outstanding against a market capitalization of only Rs 21 Cr.
Operational revenue for the fiscal year ended March 31, 2025, was reported at Rs 0 Cr.
The Corporate Insolvency Resolution Process (CIRP) was initiated on February 1, 2024, by NCLT Mumbai.
Auditors flagged that the company has not obtained actuarial valuations for gratuity liabilities as required by Ind AS 19.
The company deconsolidated its subsidiary, SKIL Shipyard Holdings Private Limited, in FY 2024-25 due to unresolved insolvency proceedings.
👀 What to Watch
Investors should closely monitor NCLT proceedings and the submission of any resolution plans; in most IBC cases, existing equity shareholders face a complete or near-complete wipeout.
7 Resolution Plans received for SKIL Infrastructure under Insolvency Process
SKIL Infrastructure, currently undergoing the Corporate Insolvency Resolution Process (CIRP) since February 1, 2024, has received 7 resolution plans from potential applicants as of June 27, 2026. The company is in a severe financial state with zero operational revenue and a massive debt burden of Rs 1,668 Cr. These plans represent a critical milestone in the insolvency process, which will determine if the company can be restructured or will face liquidation. Investors should be extremely cautious as equity value is frequently wiped out or heavily diluted during such proceedings.
Confidence: HIGH
What changedThe insolvency process has progressed from the invitation of bids to the formal receipt of 7 resolution plans from interested parties.
Why it mattersWith zero revenue and high debt, the company's survival depends entirely on the successful implementation of one of these plans; otherwise, liquidation is the likely outcome.
Resolution Plans received: 7Plan receipt date: June 27, 2026Total Debt: Rs 1,668 CrTTM Revenue: Rs 0 CrDebt to Net Worth: 2.57
📅 Short termThe stock is likely to remain volatile or suspended as the CoC reviews the viability of the 7 submitted plans.
📈 Long termThe long-term outlook is highly uncertain; the company's structural existence depends on the NCLT-approved resolution plan, which often involves significant equity restructuring.
⚠ Risk flags
- Potential total equity wipeout
- Zero operational revenue
- High debt-to-equity ratio
- Ongoing legal and insolvency proceedings
Key Highlights
7 Resolution Plans were received by the Resolution Professional from various applicants.
The deadline for receipt of these plans was June 27, 2026.
The company has been under the control of a Resolution Professional since the NCLT Mumbai order on February 1, 2024.
Total debt stands at Rs 1,668 Cr against a Net Worth of Rs 648 Cr, resulting in a D/E of 2.57.
👀 What to Watch
Monitor the Committee of Creditors (CoC) evaluation process and subsequent NCLT approval of a specific plan to understand the impact on existing equity holders.
SKIL Infrastructure Schedules 6th Committee of Creditors Meeting for June 02, 2026
SKIL Infrastructure Limited, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), has convened its 6th Committee of Creditors (CoC) meeting. The meeting is scheduled for June 02, 2026, at 4:00 PM via virtual mode. The company has been under the insolvency process since the NCLT Mumbai order dated February 1, 2024. Resolution Professional Purusottam Behera is currently managing the company's affairs during this restructuring phase.
Key Highlights
6th Committee of Creditors (CoC) meeting scheduled for June 02, 2026, at 04:00 P.M.
Company is operating under CIRP as per NCLT Mumbai order dated February 1, 2024.
The meeting will be conducted through audio-visual means in virtual mode.
Purusottam Behera is the designated Resolution Professional overseeing the process.
👀 What to Watch
Investors should remain extremely cautious as the company is in insolvency proceedings, which typically poses a high risk of equity wipe-out or delisting. Monitor future disclosures regarding resolution plans approved by the CoC.
SKIL Infrastructure to Hold 6th Committee of Creditors Meeting on June 02, 2026
SKIL Infrastructure Limited, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), has scheduled its 6th Committee of Creditors (CoC) meeting for June 02, 2026. The company has been under this process following an NCLT Mumbai order dated February 1, 2024. The meeting will be conducted virtually to discuss the ongoing resolution efforts. As the company is under insolvency, the Resolution Professional, Purusottam Behera, is currently managing the affairs of the entity.
Key Highlights
6th Committee of Creditors (CoC) meeting scheduled for June 02, 2026, at 04:00 P.M.
Company has been under Corporate Insolvency Resolution Process (CIRP) since February 1, 2024.
The meeting is being conducted via audio-visual virtual mode as per SEBI and IBC regulations.
Purusottam Behera is the appointed Resolution Professional overseeing the insolvency proceedings.
👀 What to Watch
Investors should remain cautious as the company is in insolvency; the outcome of CoC meetings is critical in determining if the company will be revived or liquidated. Monitor for further disclosures regarding any proposed resolution plans.
SKIL Infrastructure Delays Q4 & FY26 Results Due to CIRP and Auditor Non-Cooperation
SKIL Infrastructure Limited has informed exchanges of its inability to submit financial results for the quarter and year ended March 31, 2026. The company is currently under the Corporate Insolvency Resolution Process (CIRP) following an NCLT order on February 1, 2024. Delays are attributed to a 20-month legal stay on the Committee of Creditors (lifted October 15, 2025) and non-cooperation from the Company Secretary and Statutory Auditors. While Q2 and Q3 FY25 results were recently finalized, the FY26 audit remains pending as the Resolution Professional works to regularize filings.
Key Highlights
Company has been under CIRP since February 1, 2024, following an NCLT Mumbai Bench order.
A stay on the Committee of Creditors (CoC) constitution was in effect from February 12, 2024, to October 15, 2025.
Legal applications under Section 19(2) were filed against the Company Secretary and Statutory Auditors for non-cooperation.
Statutory auditors refused to finalize accounts until pre-CIRP dues were cleared, leading to further delays.
The company is currently compiling pending results for subsequent periods in a phased manner.
👀 What to Watch
Investors should remain extremely cautious as the company is in insolvency and struggling with basic regulatory compliance. Equity value is at high risk of total erosion during the CIRP process.
SKIL Infrastructure Q3 FY25: Zero Revenue, ₹3,052 Cr 9-Month Loss Amid Insolvency Process
SKIL Infrastructure, currently undergoing Corporate Insolvency Resolution Process (CIRP), reported zero operational revenue and a net loss of ₹9.47 Lakhs for Q3 FY25. The company faces severe financial distress with a cumulative nine-month loss of ₹3,05,208.49 Lakhs, largely driven by massive impairments in previous quarters. Auditors have highlighted material uncertainty regarding the company's 'going concern' status due to a 99.76% capital reduction in a key investment. The Resolution Professional is currently managing the company as the Board remains suspended and claims from creditors are being reconciled.
Key Highlights
Reported zero revenue from operations for the quarter ended December 31, 2024.
Massive nine-month net loss of ₹3,05,208.49 Lakhs reported for the period ending December 2024.
Auditors issued a qualified opinion citing a 99.76% capital reduction in UIHPL and significant 'going concern' doubts.
Company received ₹16,003.34 Lakhs (net of TDS) as consideration from the UIHPL capital reduction process.
Reversed ₹2,259.10 Lakhs in accrued interest as it is no longer payable following the initiation of CIRP.
👀 What to Watch
Existing shareholders face a high risk of total capital loss as the CIRP process typically prioritizes creditors over equity holders. Fresh investment is highly discouraged given the insolvency status and lack of operational revenue.
SKIL Infrastructure Reports Massive ₹2,604 Cr Net Loss in Q2 FY25 Amid Insolvency
SKIL Infrastructure reported a massive consolidated net loss of ₹2,604.53 crore for the quarter ended September 30, 2024, primarily due to a significant exceptional item of ₹2,604.45 crore. The company is currently undergoing the Corporate Insolvency Resolution Process (CIRP) following an NCLT order in February 2024. Auditors have issued a qualified opinion, highlighting material uncertainties regarding the company's ability to continue as a going concern and the impairment of key investments. Revenue from operations remained at zero, reflecting the complete operational standstill of the entity.
Key Highlights
Consolidated net loss widened to ₹2,604.53 crore in Q2 FY25 compared to a profit of ₹21.54 crore in the prior year period.
Exceptional items of ₹2,604.45 crore were recorded, largely due to the impairment of investment in Urban Infrastructure Holdings Pvt. Ltd. following a 99.76% capital reduction.
Revenue from operations was nil for the quarter, while other income dropped to ₹12.16 lakhs from ₹2,577.97 lakhs year-on-year.
Auditors raised concerns over missing bank statements, unreconciled intercompany balances of ₹19.07 lakhs, and the deconsolidation of SKIL Shipyard Holdings.
The company is under the management of Resolution Professional Purusottam Behera as part of the ongoing IBC proceedings.
👀 What to Watch
Investors should exercise extreme caution as the company is in insolvency and has reported a near-total wipeout of asset value. Equity shareholders are likely to face significant dilution or total loss depending on the final resolution plan approved by the NCLT.
SKIL Infrastructure Reports Massive ₹2,604 Cr Loss in Q2 FY25 Amid Insolvency Proceedings
SKIL Infrastructure reported a staggering consolidated net loss of ₹2,604.53 crore for the quarter ended September 30, 2024, primarily due to a massive exceptional item of ₹2,604.45 crore. The company is currently undergoing the Corporate Insolvency Resolution Process (CIRP), and its revenue from operations has dropped to zero. Auditors have issued a qualified opinion, citing material uncertainties regarding the company's ability to continue as a going concern and the impairment of major investments. The massive loss stems from a 99.76% capital reduction in its associate company, Urban Infrastructure Holdings.
Key Highlights
Consolidated net loss for Q2 FY25 stood at ₹2,604.53 crore compared to a profit of ₹21.54 crore in the year-ago period.
Exceptional items of ₹2,604.45 crore were recorded, primarily due to the impairment of investment in Urban Infrastructure Holdings Pvt Ltd.
Revenue from operations was nil for the quarter, with total income limited to ₹12.16 lakhs from other sources.
Auditors highlighted several concerns including unreconciled intercompany loan differences of ₹19.07 lakh and missing bank statements.
The Corporate Insolvency Resolution Process (CIRP) is active with a Resolution Professional (RP) now appointed following the lifting of a legal stay.
👀 What to Watch
Investors should exercise extreme caution as the company is in insolvency and the massive impairment suggests that equity value could be entirely wiped out. Given the zero revenue and ongoing legal proceedings, the risk of total capital loss is very high.
SKIL Infrastructure Invites Fresh Resolution Plans; EOI Deadline May 16, 2026
SKIL Infrastructure Limited is proceeding with its Corporate Insolvency Resolution Process (CIRP) following the lifting of a legal stay by the NCLAT. The Resolution Professional has issued a fresh Form G to invite Expression of Interest (EOI) from potential bidders after approval from the Committee of Creditors. The company is in a severely distressed state, reporting zero sales and no fixed assets in its latest disclosures. Investors should note that the deadline for submitting resolution plans is June 27, 2026.
Key Highlights
Fresh Form G published on May 1, 2026, inviting Expression of Interest (EOI) for resolution plans.
Last date for receipt of EOI is May 16, 2026, with a required Earnest Money Deposit of INR 10,00,000.
Company reports zero revenue and no fixed assets, with only 4 employees currently on payroll.
The final date for submission of resolution plans by prospective applicants is June 27, 2026.
The insolvency process resumed after the NCLAT vacated a stay on the Committee of Creditors on October 15, 2025.
👀 What to Watch
Existing shareholders should exercise extreme caution as equity is typically wiped out or significantly diluted during insolvency resolution. The lack of assets and revenue suggests a very low recovery probability for equity holders.
SKIL Infrastructure Fails to Submit FY26 Shareholding Pattern Due to CIRP and Fund Crunch
SKIL Infrastructure Limited has reported its inability to submit the mandatory shareholding pattern for the quarter and year ended March 31, 2026, as required under SEBI Regulation 31. The company has been under the Corporate Insolvency Resolution Process (CIRP) since February 1, 2024, and currently faces a total lack of cash flow. Consequently, NSDL, CDSL, and the Registrar and Transfer Agent (RTA) have suspended services due to non-payment of fees, making it impossible for the Resolution Professional to access shareholder data.
Key Highlights
Company is under CIRP following an NCLT Mumbai order dated February 1, 2024.
Non-submission of Shareholding Pattern and Reconciliation of Share Capital Audit Report for FY ended March 31, 2026.
NSDL, CDSL, and RTA have stopped providing 'Benpos' data due to unpaid outstanding fees by erstwhile management.
Resolution Professional Purusottam Behera reports zero cash flow or funds available to meet compliance costs.
👀 What to Watch
Investors should be extremely cautious as the company is in deep financial distress with no operational cash flow and ongoing insolvency proceedings. There is a high risk of total capital loss as the company cannot even meet basic regulatory filing requirements.
SKIL Infrastructure Fails to File Shareholding Pattern Due to Lack of Funds and Ongoing CIRP
SKIL Infrastructure Limited has informed stock exchanges of its inability to submit the mandatory shareholding pattern for the quarter and year ended March 31, 2026. The company has been under the Corporate Insolvency Resolution Process (CIRP) since February 1, 2024, following an NCLT Mumbai order. Due to a total lack of cash flow, the company has failed to pay outstanding fees to NSDL, CDSL, and its Registrar and Transfer Agent (RTA). Consequently, these agencies have stopped providing the necessary beneficiary data required for regulatory filings.
Key Highlights
Company has been under Corporate Insolvency Resolution Process (CIRP) since February 1, 2024
Failed to submit Shareholding Pattern for the period ended March 31, 2026, under Regulation 31 of SEBI LODR
Reported zero available cash flow to pay mandatory fees to NSDL, CDSL, and RTA
Resolution Professional Purusottam Behera was officially appointed by the CoC on November 3, 2025
NCLAT vacated a previous stay on the Committee of Creditors (CoC) constitution on October 15, 2025
👀 What to Watch
Investors should exercise extreme caution as the company is in deep financial distress and unable to meet basic regulatory compliance. The risk of total capital loss is high given the ongoing insolvency proceedings and lack of operational funds.
SKIL Infrastructure Fails to File Shareholding Pattern for FY26 Due to CIRP and Fund Crunch
SKIL Infrastructure Limited has informed exchanges of its inability to submit the mandatory shareholding pattern for the quarter and year ended March 31, 2026. The company has been under the Corporate Insolvency Resolution Process (CIRP) since February 1, 2024, and is currently managed by a Resolution Professional. Due to a total lack of cash flow and unpaid dues to NSDL, CDSL, and the RTA, these agencies have stopped providing the Beneficiary Position (Benpos) data required for regulatory filing. This non-compliance highlights the severe operational and financial paralysis facing the company during its insolvency proceedings.
Key Highlights
Company admitted to CIRP by NCLT Mumbai on February 1, 2024, under Section 7 of the IBC.
Failed to submit shareholding pattern for the period ended March 31, 2026, violating SEBI Regulation 31.
NSDL, CDSL, and RTA have withheld essential shareholding data due to non-payment of outstanding fees by previous management.
Resolution Professional Purusottam Behera was officially appointed in the CoC meeting held on November 3, 2025.
Company reports zero available cash flow or funds to settle administrative dues with depositories.
👀 What to Watch
Investors should exercise extreme caution as the company is in a deep insolvency state with halted regulatory filings, which often precedes delisting or significant equity write-downs. New investment is highly discouraged given the total lack of financial transparency and ongoing legal proceedings.
SKIL Infrastructure Holds 5th CoC Meeting Under Insolvency Resolution Process
SKIL Infrastructure Limited, which has been under the Corporate Insolvency Resolution Process (CIRP) since February 1, 2024, held its fifth Committee of Creditors (CoC) meeting on April 8, 2026. The meeting was conducted virtually by the Resolution Professional, Purusottam Behera, and lasted for 90 minutes. This meeting is part of the ongoing efforts to find a resolution for the company's debts under the NCLT Mumbai mandate. Equity investors should be aware that the company's operations and future are currently governed by the CoC and the Insolvency and Bankruptcy Code.
Key Highlights
Fifth Committee of Creditors (CoC) meeting concluded on April 8, 2026
Company has been under CIRP since the NCLT Mumbai order dated February 1, 2024
The virtual meeting was held from 11:00 AM to 12:30 PM
Resolution Professional Purusottam Behera is managing the insolvency proceedings
👀 What to Watch
Investors should exercise extreme caution as equity holders typically face significant value erosion or total loss during insolvency proceedings. Monitor for any announcements regarding the approval of a resolution plan or potential liquidation.
SKIL Infrastructure CS Resigns Citing 2+ Years of Unpaid Salary Amid CIRP
SKIL Infrastructure Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), has announced the resignation of its Company Secretary and Compliance Officer, Nilesh Mehta, effective April 10, 2026. The resignation is notably attributed to severe financial grievances, including the non-payment of salary for over two years and significant remuneration cuts during the insolvency period. The company has been under the control of a Resolution Professional since February 2024 following an NCLT order. This departure of a Key Managerial Personnel (KMP) underscores the extreme liquidity constraints and operational instability within the firm.
Key Highlights
Company Secretary Nilesh Mehta resigned effective April 10, 2026, citing over 2 years of unpaid salary.
SKIL Infrastructure has been under Corporate Insolvency Resolution Process (CIRP) since February 1, 2024.
The resignation letter highlights a significant reduction in remuneration compared to peers during the CIRP period.
The Committee of Creditors (CoC) was only recently fully functional after NCLAT vacated a stay on October 15, 2025.
Purusottam Behera was confirmed as the Resolution Professional (RP) in the first CoC meeting on November 3, 2025.
👀 What to Watch
Investors should view the resignation of a KMP due to unpaid wages as a major red flag regarding the company's remaining liquidity and internal stability. Given the ongoing insolvency proceedings and severe financial distress, the stock remains a high-risk speculative play with low recovery visibility for equity holders.
SKIL Infrastructure CS Resigns Citing 2 Years of Unpaid Salary During Insolvency
Mr. Nilesh Mehta has resigned as the Company Secretary and Compliance Officer of SKIL Infrastructure, effective April 10, 2026. The resignation is highly concerning as it is attributed to over two years of non-payment of salary and significant remuneration cuts during the company's Corporate Insolvency Resolution Process (CIRP). SKIL Infrastructure has been under CIRP since February 1, 2024, following an NCLT order. The departure of a Key Managerial Person (KMP) due to financial hardship reflects the severe liquidity crisis and operational instability within the firm.
Key Highlights
Mr. Nilesh Mehta to step down as CS and Compliance Officer effective April 10, 2026.
Resignation cited 'prolonged non-payment of salary' exceeding two years during the CIRP period.
The company has been under the Corporate Insolvency Resolution Process (CIRP) since February 1, 2024.
Resolution Professional Purusottam Behera was confirmed by the Committee of Creditors on November 3, 2025.
👀 What to Watch
Investors should exercise extreme caution as the resignation of a KMP over unpaid wages is a major red flag indicating severe financial distress. Given the ongoing insolvency process and lack of liquidity, the potential for equity recovery remains highly uncertain.
SKIL Infrastructure Extends Resolution Plan Submission Deadline to March 20, 2026
SKIL Infrastructure, currently undergoing the Corporate Insolvency Resolution Process (CIRP), has announced an extension for the submission of resolution plans following its 4th Committee of Creditors (CoC) meeting. The CoC approved a two-week extension after receiving requests from prospective resolution applicants. The new deadline for submitting plans, along with a required Earnest Money Deposit (EMD) of INR 5 Crores, is now March 20, 2026. This development indicates active interest from potential bidders in the company's resolution.
Key Highlights
4th Committee of Creditors (CoC) meeting concluded on March 05, 2026.
Resolution plan submission deadline extended by two weeks effective from March 6, 2026.
New deadline for submission of resolution plans is March 20, 2026.
Prospective Resolution Applicants are required to submit an EMD of INR 5 Crores.
Company has been under CIRP since the NCLT Mumbai order dated February 1, 2024.
👀 What to Watch
Investors should exercise extreme caution as equity holders typically face significant dilution or total loss during insolvency resolutions. Monitor the March 20 deadline to see if any credible resolution plans are successfully submitted.
SKIL Infrastructure Delays Q3 Audit Report Due to Unpaid Fees Under Insolvency Process
SKIL Infrastructure Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP) since February 2024, has failed to submit its Reconciliation of Share Capital Audit Report for the quarter ended December 31, 2025. The delay is caused by the suspension of services by NSDL, CDSL, and the RTA due to unpaid fees by the previous management. The Resolution Professional (RP) is scheduled to seek approval for these payments during the 4th Committee of Creditors (CoC) meeting on March 5, 2026. This situation underscores the significant operational hurdles and financial distress the company faces during its restructuring.
Key Highlights
Company admitted to CIRP on February 1, 2024, following an NCLT Mumbai order.
Non-submission of Reconciliation of Share Capital Audit Report for the December 2025 quarter.
NSDL, CDSL, and RTA have halted BENPOS data services due to outstanding dues.
4th Committee of Creditors meeting scheduled for March 5, 2026, to approve essential fee payments.
👀 What to Watch
Investors should remain extremely cautious as the company is in insolvency and failing to meet basic regulatory reporting requirements. The stock remains a high-risk asset with its future entirely dependent on the CoC's resolution plan.
