Default30 May 2026, 03:01 pm
SKIL Infra Misses March 2026 Financial Results Deadline
AI Summary
SKIL Infrastructure Ltd. has announced its inability to submit financial results for the quarter and year ended March 31, 2026, due to ongoing proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC). The company is undergoing Corporate Insolvency Resolution Process (CIRP) following an order by the NCLT, Mumbai Bench. Delays were caused by initial non-cooperation from the Company Secretary and Statutory Auditors, although cooperation has since improved. The company has recently finalized and submitted results for the quarters ended September 30, 2024, and December 31, 2024, and is working to submit pending results.
Key Highlights
- SKIL Infrastructure is undergoing CIRP under the IBC, 2016.
- Non-cooperation from key personnel initially delayed financial results.
- The company has submitted results for Sep & Dec 2024 quarters.
- SKIL Infra seeks relaxation from the exchange for delayed submissions.
- Resolution Professional is working to finalize pending financial statements.
Price Impact
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