SKIL Infrastructure Limited has informed the Exchange regarding non-submission of Integrated filing (Governance) Report for the quarter ended December 31, 2025
Awaiting price reaction for this filing.
SKIL Infrastructure has informed the exchanges that it did not file the Integrated Corporate Governance Report for the quarter ended December 31, 2025. The company explains this is because it is currently under the Corporate Insolvency Resolution Process (CIRP), admitted by NCLT Mumbai on February 1, 2024 under Section 7 of the IBC, with Mr. Purusottam Behera acting as Resolution Professional. Under SEBI (LODR) Regulations 15(2A) and 15(2B), companies undergoing CIRP are exempted from filing the corporate governance report under Regulation 27. Additionally, the NCLAT stay on the Committee of Creditors was vacated on October 15, 2025, the CoC was constituted, and Mr. Behera was confirmed as Resolution Professional on November 3, 2025.
No new negative impact for shareholders — the non-filing is due to a regulatory exemption available to insolvent companies, not a compliance lapse. However, the company remains under CIRP, meaning equity holders face significant uncertainty about recovery and the company is being run by the Resolution Professional, not existing management.