StockWatch
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Civil Construction
Regulatory1 May 2026, 04:51 pm

SKIL Infra fails to submit share capital audit report due to CIRP

AI Summary

SKIL Infrastructure Ltd. announced its inability to submit the Reconciliation of Share Capital Audit Report for the year ended March 31, 2026, as required by SEBI Regulation 76. The company is currently undergoing a Corporate Insolvency Resolution Process (CIRP), which commenced on February 1, 2024, following an NCLT order. After an initial stay by NCLAT was vacated on October 15, 2025, the Committee of Creditors (CoC) was constituted, and Mr. Purusottam Behera was appointed as the Resolution Professional. The company cited a lack of cash flow and funds due to the CIRP as the reason for its inability to meet this quarterly compliance requirement.

Key Highlights

  • SKIL Infrastructure failed to submit its share capital audit report for Q4 FY26.
  • Non-submission is attributed to the ongoing Corporate Insolvency Resolution Process (CIRP).
  • The company lacks cash flow and funds to meet regulatory compliance obligations.
  • CIRP commenced in February 2024; Resolution Professional appointed in November 2025.