Delayed financial results, board turmoil, and suspected fraud at Skyline Ventures

Fraud ConfirmedSebi Market BanRegulatory & Legal View source PDF

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Skyline Ventures failed to file Q2, Q3, Q4, and annual FY26 results. New board took over in Dec 2025 but cannot access bank accounts, MCA records, or books due to non-cooperation from former directors and CFO. The company detected suspected fraudulent transactions from Oct-Dec 2025, including unauthorized loans and suspicious payments. FIR filed, forensic auditors engaged. BSE has issued a trading suspension notice dated May 2026.

Likely market impact

High risk - trading suspension possible, fraud investigation ongoing, no financials available. Shareholders face significant uncertainty.