SKIL Infrastructure Limited has informed the Exchange regarding the non-submission of Reconciliation of Share Capital Audit Report for the quarter ended December 31, 2025
Awaiting price reaction for this filing.
SKIL Infrastructure Limited, currently undergoing insolvency proceedings under IBC (admitted by NCLT on February 1, 2024), has informed the stock exchanges that it could not submit the Reconciliation of Share Capital Audit Report for the quarter ended December 31, 2025. The reason is that the previous management failed to pay outstanding fees to NSDL, CDSL, and the company's Registrar & Transfer Agent (RTA), causing them to stop sharing BENPOS (shareholding) data with the company. Without this data, a Practising Company Secretary cannot prepare the audit report. The NCLAT vacated its stay on the CoC in October 2025, Mr. Purusottam Behera was confirmed as Resolution Professional on November 3, 2025, and the RP plans to seek CoC approval to clear these dues so the report can be filed later.
This is a compliance lapse that highlights the ongoing operational and governance challenges at SKIL Infrastructure under insolvency. For shareholders, it adds to uncertainty since shareholding data remains unavailable, but the company has committed to filing the report once dues are cleared with NSDL/CDSL/RTA. No immediate impact on stock price is expected from the non-submission itself, though it underscores the deep financial distress of the company.