SKIL Infrastructure Limited has informed the Exchange regarding non-submission of Integrated filing (Governance) Report for the year ended March 31, 2026
Awaiting price reaction for this filing.
SKIL Infrastructure has informed the exchanges that it cannot submit the Integrated Governance filing for Q4 and year ended March 31, 2026. The company is under Corporate Insolvency Resolution Process (CIRP) since February 1, 2024, when NCLT Mumbai admitted an application under Section 7 of the Insolvency and Bankruptcy Code. After legal proceedings at NCLAT, the stay on Committee of Creditors (CoC) was lifted in October 2025, and Mr. Purusottam Behera was appointed as Resolution Professional in November 2025. The company states it has no cash flow or funds available and has not paid fees to depositories (NSDL, CDSL) and the Registrar and Transfer Agent (RTA), preventing these intermediaries from processing or providing necessary data for regulatory filings. The company is exempted from certain SEBI LODR regulations (17-21 and 27) due to being under CIRP.
This is a critical distress signal indicating the company lacks basic operational and financial capacity to meet listing obligations. Shareholders face extreme risk as the company is under insolvency proceedings with no available funds. The stock is essentially in limbo pending the resolution process outcome.