SKIL Infrastructure Limited has informed the Exchange regarding publishment of fresh invitation of resolution plans under section 25(2)(h) of Insolvency Code in the Form specified under regulation 36A(1) read with Regulation 36B(6A) of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 pursuant to Regulation 30 of SEBI LODR Regulations, 2015.
Awaiting price reaction for this filing.
SKIL Infrastructure Limited is under Corporate Insolvency Resolution Process (CIRP) after NCLT Mumbai admitted the application on February 1, 2024. The Committee of Creditors (CoC) was subsequently constituted after NCLAT vacated an interim stay on October 15, 2025. The CoC appointed Purusottam Behera as Resolution Professional and approved publication of fresh Form G for inviting expression of interest from potential resolution applicants. The fresh invitation was published on May 1, 2026, with a last date for submission of May 16, 2026 and earnest money deposit of INR 10 lakhs. The company currently has only 4 employees, no fixed assets, and NIL revenue from operations.
Shareholders should note that this is a distressed company under formal insolvency proceedings. The stock is likely to remain highly speculative until a resolution plan is approved by the CoC and NCLT. Investors face high risk of total loss if no viable resolution plan emerges.