SKIL Infrastructure Ltd

COC meeting details

• Twelfth COC meeting held on 28 Sep 2026 via Audio-Visual in virtual mode.
• Meeting commenced at 02:30 P.M. and concluded at 03:30 P.M.
• Post facto intimation filed under Regulation 30 and Schedule III of SEBI LODR.
• Issuer: SKIL Infrastructure Limited under CIRP; NCLT Mumbai ordered on 1 Feb 2024.
• RP: Purusottam Behera, IBBI IPA-002.

COC meeting details

• Twelfth Committee of Creditors meeting on Monday, 28 September 2026, at 02:30 PM.
• Mode: Audio-Visual (virtual).
• Issuer under CIRP; NCLT Mumbai order dated 1 February 2024.
• Resolution Professional: Purusottam Behera.

CoC progress

• Eleventh CoC meeting under CIRP commenced on 09 Sep 2026 at 10:00 A.M.
• Meeting adjourned from time to time, including to 23 Sep 2026.
• Concluded today, 23 Sep 2026, at 01:00 P.M.

CoC Eleventh meeting update

• Eleventh CoC meeting adjourned to Sept 23, 2026, 11:00 A.M., via video conferencing.
• CoC meeting commenced Sept 09, 2026, and adjourned to Sept 21, 2026.
• Meeting will continue for consideration and deliberation on agenda items.

CoC meeting schedule

• Eleventh CoC meeting commenced Sep 9, 2026 and adjourned to Sep 17, 2026.
• Further rescheduled to Sep 21, 2026 at 2:30 PM via video conferencing.

CoC meeting update

• Eleventh CoC meeting rescheduled to 17 Sep 2026, 2:30 PM, via video conferencing.
• Meeting commenced 9 Sep 2026 and was adjourned to 16 Sep 2026.

RP update and results

• RP Committee meeting held Sep 15, 2026; results for quarter ended 31-Dec-2025 placed on record.
• Purusottam Behera appointed Interim Resolution Professional; CoC approved RP appointment on Nov 3, 2025.
• CIRP admitted Feb 1, 2024; moratorium under IBC remains until CIRP completion.
• UIHPL capital reduction approved; 99.76% reduction; NCLT approval March 24, 2025; ₹16,003.34 Lakh received.
• Pre-reduction UIHPL holding: 12,41,56,500 shares; post-reduction 2,97,984 shares.
• Value pre/post reduction: ₹12,415.65 Lakh to ₹29.80 Lakh.
• Capital reduction caused exceptional loss of ₹305,434.50 Lakh.
• Interest reversal of ₹259.10 Lakh booked earlier; reversed in Sept 2024; CIRP makes interest non-payable.
• SKAD admin expenses ₹54.66 Lakh; ₹38.46 Lakh accounted; ₹16.19 Lakh difference.
• SKIL Shipyard Holdings Pvt Ltd deconsolidated May 2023; CIRP admitted May 2023; no major impact expected.
• Rosoboronservices (India) Ltd associate written off in 2022-23; liquidation rejected; investment reinstated to nominal ₹1.
• Nine months ended 31-Dec-2025: Standalone total comprehensive income ₹4,647.71 Lakh; EPS ₹2.15.
• Nine months ended 31-Dec-2025: Consolidated total comprehensive income ₹4,649.90 Lakh; EPS ₹2.15.
• Paid-up equity share capital ₹21,657.12 Lakh.
• Revenue from operations in quarter ended 31-Dec-2025: nil; Other Income ₹192.79 Lakh.
• Total expenses for quarter: ₹18.35 Lakh; Profit from operations before exceptional items ₹174.44 Lakh.
• Notes indicate CIRP costs pending CoC approval; not recognized in these statements.

CoC adjournment

• Eleventh CoC meeting began Sep 9, 2026 at 11:00 AM; adjourned to Sep 10, 2:30 PM.
• Adjourned to Sep 11, 2026 at 2:30 PM.
• Final adjournment to Sep 16, 2026 at 2:30 AM via video conferencing.

CIRP status and governance

• NCLT Mumbai admitted CIRP on Feb 1, 2024.
• Purusottam Behera appointed RP; IBBI registration IP-002.
• Moratorium under IBC Section 14 in effect until CIRP concludes.
• RP Committee recorded unaudited results for Sept 30, 2025.

Capital reduction & related party actions

• UIHPL capital reduction by 99.76% approved Dec 23, 2024.
• Shareholders approved Jan 2, 2025; NCLT approval Mar 24, 2025.
• Rs 16,003.34 lakh (net of Rs 408.38 lakh TDS) received as consideration.
• UIHPL investment carried at Re 1; impairment noted; reversal treated as other income.
• Exceptional loss of Rs 305,434.50 Lakhs due to UIHPL capital reduction.

Financials & going concern

• Company states going concern basis due to CIRP; resolution plan pending CoC approval.
• Results prepared on going concern basis; CIRP uncertainties may affect outcome.
• Limited Review performed; auditors do not express an audit opinion.
• SKIL Shipyard Holdings Pvt Ltd deconsolidated; control ceased; impact on consolidation.

Meeting details

• Eleventh COC meeting scheduled for 09 Sep 2026 at 10:00 AM.
• Venue: 31st Floor, Centre One Building, World Trade Centre, Cuffe Parade, Mumbai 400001.
• Held as per Regulation 30 and Schedule III of SEBI LODR Regulations.
• Company is under CIRP; NCLT Mumbai order dated 01 Feb 2024.
• Resolution Professional: Purusottam Behera.