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SKIL Infrastructure Under CIRP; Exempted from Q3 FY26 Corporate Governance Filing
SKIL Infrastructure Limited is currently undergoing the Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated February 1, 2024. The company has informed exchanges that it is exempted from filing Corporate Governance reports under SEBI (LODR) Regulations 15(2A) and 15(2B) due to its insolvency status. A previous stay on the Committee of Creditors (CoC) was vacated by the NCLAT on October 15, 2025, allowing the resolution process to proceed. Mr. Purusottam Behera was officially appointed as the Resolution Professional during the first CoC meeting on November 3, 2025.
Key Highlights
Company is under CIRP following NCLT Mumbai order dated February 1, 2024
NCLAT vacated the stay on CoC constitution on October 15, 2025, resuming the insolvency process
Mr. Purusottam Behera confirmed as Resolution Professional (RP) on November 3, 2025
Exempted from SEBI LODR Regulations 17 to 21 regarding Corporate Governance filings
Non-submission of Governance Report for the quarter ended December 31, 2025, is legally permitted under CIRP
💼 Action for Investors
Investors should remain extremely cautious as equity value is typically significantly impaired or wiped out during the insolvency resolution process. Monitor the progress of the resolution plan and any potential delisting notices.