Audited financial results on standalone and consolidated basis for the quarter and the year ended March 31…
As filed · SKIL Infrastructure Limited has informed the Exchange regarding the audited financial results on standalone and consolidated basis for the quarter and the year ended March 31, 2025
What happened
FactSKIL Infrastructure Limited is currently undergoing Corporate Insolvency Resolution Process (CIRP) as per the Insolvency and Bankruptcy Code, 2016, following an order from the National Company Law Tribunal (NCLT) on February 1, 2024. The stay on the constitution of the Committee of Creditors (CoC) was lifted by the National Company Law Appellate Tribunal (NCLAT) on October 15, 2025, and the CoC has been constituted. The first meeting of the CoC took place on November 3,…
Why it matters
CapitSignal interpretationOnce an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
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Fact- Admission or rejection of the application by the tribunal
- Appointment of a resolution professional
- Claims admitted against the company
Evidence
How CapitSignal classified this
- Reasoning:
- INSOLVENCY base 93; +2 corroborating keywords; +5 quantified amount; explicit insolvency/default evidence present; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%