SKIL Infrastructure Limited — Important, 29-11-2024: Updates

The company is currently undergoing the Corporate Insolvency Resolution Process (CIRP) following an application by Amluckie Investment Company Limited. The Hon’ble National Company Law Tribunal has admitted the application, and the Interim Resolution Professional (IRP) has been appointed to oversee the process. Although the IRP has submitted financials for the quarter ended December 31, 2023, the finalization of financial reports for subsequent quarters is ongoing. As a result of the CIRP, SKIL Infrastructure is exempt from certain compliance requirements under SEBI (LODR) regulations and is not obligated to submit the Corporate Governance report for March 31, June 30, and September 30, 2024. Investors should closely monitor developments, as the CIRP may impact the company’s operational capabilities and future direction.