ResultsCorporate Insolvency Resolution Process

SKIL Infrastructure Limited, currently undergoing corporate insolvency resolution proceedings, has reported its standalone and consolidated financial results for the quarter.

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SKIL Infrastructure LimitedSKIL · Filed with the exchange

The process is being managed under the oversight of an appointed resolution professional utilizing assistance from existing staff and key management personnel.

During the period, certain operational and accounting complexities were noted, including unreconciled intercompany balances and adjustments related to subsidiary deconsolidations and trust receivables, while the financial statements continue to be prepared on a going concern basis amidst ongoing resolution plans under review by creditors.

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