SKIL Infrastructure Limited has informed the Exchange about the Post Facto Intimation of the First (1st) Committee of Creditors meeting held on Monday, November 03, 2025
Awaiting price reaction for this filing.
SKIL Infrastructure Limited, which is under the Corporate Insolvency Resolution Process (CIRP) following an NCLT Mumbai order dated February 1, 2024, held its first Committee of Creditors (CoC) meeting on November 3, 2025, from 3:00 PM to 4:30 PM via video conference. Purusottam Behera, the Interim Resolution Professional (IRP), is overseeing the process. The intimation was filed with NSE and BSE on November 4, 2025, the day after the meeting, as a post facto disclosure under SEBI Listing Regulations. The unusually late first CoC meeting — nearly 21 months after the insolvency admission — suggests the resolution process has faced significant delays.
Shareholders should note that the company remains in insolvency proceedings with no resolution plan yet in place. The long gap before the first CoC meeting raises concerns about the pace of the resolution process and the eventual recovery for equity holders, who are last in the priority order and typically receive little to nothing in CIRP outcomes.