SKIL Infrastructure Limited has informed the Exchange regarding particulars of invitation of resolution plans under section 25(2)(h) of Insolvency Code in the Form specified under regulation ....
Awaiting price reaction for this filing.
SKIL Infrastructure, currently under Corporate Insolvency Resolution Process (CIRP), has issued Form G inviting Expression of Interest from potential resolution applicants after key procedural milestones. NCLT Mumbai admitted the insolvency petition under Section 7 of IBC on February 1, 2024, with Purusottam Behera appointed as Interim Resolution Professional. Following an appeal that had initially stalled the process, NCLAT vacated the stay on October 15, 2025, allowing the Committee of Creditors to be constituted. The CoC confirmed Mr. Behera as Resolution Professional on November 3, 2025. The company has 5 employees, no major fixed assets, and a non-operational website. Key dates: EOI deadline is December 18, 2025, and final resolution plans are due by February 16, 2026. The CIRP timeline is contingent on NCLT approval to exclude 611 days from the process period.
For existing shareholders, this represents a critical stage where potential buyers/resolution applicants will be assessed, but loss of equity value remains a high risk in any insolvency-driven restructuring.