SKILNSESKIL Infrastructure LimitedHighNeutral
Announced Tue, 30 Jun · 13:51 IST
SKIL Infrastructure: 7 resolution plans received by Resolution Professional
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
SKIL Infrastructure, under NCLT insolvency since February 2024, has received 7 resolution plans from prospective bidders by June 27, 2026. The Resolution Professional will now evaluate these plans under the IBC process. Final outcome depends on Committee of Creditors approval and NCLT sanction.
Likely market impact
Multiple bids may improve recovery prospects for creditors and shareholders if a plan is approved and sanctioned. Stock likely to stay volatile till resolution.