SKIL Infrastructure CoC names AMS & Co as FY26 auditor

Key update from the CoC

SKIL Infrastructure Limited has informed stock exchanges about developments linked to its Corporate Insolvency Resolution Process (CIRP), including updates on Committee of Creditors (CoC) meetings. Among the key disclosures, the CoC appointed M/s AMS & Co LLP as the statutory auditors for FY26. The company said the appointment was approved at a CoC meeting held on August 12, 2026. The exchange filing was positioned as part of routine CIRP-related compliances.

Auditor appointment for FY26

The statutory auditor appointment is tied to the financial year 2025-26 (FY26). As disclosed, the CoC approved the appointment of M/s AMS & Co LLP on August 12, 2026. With the board stated as suspended during insolvency proceedings, decisions such as approving results and governance-related steps are routed through the resolution framework and the creditors’ committee.

Post facto intimation for CoC meeting

In a separate update, SKIL Infrastructure said it submitted a post facto intimation related to the eighth CoC meeting. The company stated this disclosure was made as per SEBI requirements. It added that the meeting forms part of the ongoing process where the CoC reviews the insolvency status and actions required to move towards a resolution plan.

Eighth CoC meeting: date, time, and mode

SKIL Infrastructure disclosed that the eighth CoC meeting was held on July 24, 2026 through online mode. The company said the meeting took place from 3:00 PM to 4:15 PM. The exchange communication framed it as part of the continuing CIRP process.

Ninth CoC meeting outcome and related intimation

The company also informed the exchange about the outcome of the ninth (9th) CoC meeting held on Wednesday, August 12, 2026. Separately, it stated that it had provided prior intimation of this ninth CoC meeting scheduled on the same date. These filings indicate continued periodic reporting on creditor meetings during the resolution process.

FY25 performance: sharp swing into loss

SKIL Infrastructure reported a standalone net loss of ₹3,052.42 crore for FY25, compared with a standalone net profit of ₹8.88 crore in the previous year. The company also disclosed a FY25 consolidated loss attributable to owners of ₹2,596.84 crore. In another disclosure, it quantified the FY25 standalone net loss as ₹3,052.42 crore and linked the deterioration to exceptional items and insolvency proceedings.

Financial results approval through the RP committee

The company stated that the results were approved by the Resolution Professional (RP) Committee meeting held on July 29, 2026, in lieu of the suspended Board of Directors. This approach aligns with the broader insolvency governance structure where key approvals are taken through the resolution professional-led process.

CIRP backdrop: tribunal milestones and CoC constitution

SKIL Infrastructure said it is undergoing CIRP pursuant to an NCLT order dated February 1, 2024. It also disclosed that the NCLAT had previously stayed the constitution of the CoC, but the stay was vacated on October 15, 2025, allowing the CoC to be constituted. In the first CoC meeting held on November 3, 2025, Mr. Purusottam Behera was appointed as the Resolution Professional.

Prior CoC meetings and resolution process actions

The company has provided details of earlier creditor meetings and process decisions through exchange updates. It disclosed that the third CoC meeting was conducted on January 14, 2026, supervised by Resolution Professional Purusottam Behera, and held virtually from 11:00 AM to 1:00 PM after being postponed from January 13. SKIL Infrastructure also said it completed its fourth CoC meeting on March 5, 2026, where CoC members approved a two-week extension for resolution plan submissions to March 20, 2026, with an earnest money deposit (EMD) requirement of ₹5.00 crore. It further disclosed the fifth CoC meeting was held on April 8, 2026 from 11:00 AM to 12:30 PM through virtual mode.

EOI process and Form G details disclosed earlier

As part of the resolution process, SKIL Infrastructure disclosed that a fresh EOI invitation was issued via Form G dated May 1, 2026, with a submission deadline of May 16, 2026. It stated that the CoC approved the fresh Form G at its fifth meeting on April 8, 2026. The company also disclosed an EMD requirement for prospective resolution applicants of ₹0.10 crore (₹10,00,000) for the company as a whole, and that the bank guarantee validity, if submitted, should be six months from issuance. It further provided submission instructions including physical delivery and an email route.

Other compliance constraints disclosed

SKIL Infrastructure said it could not submit the disclosure of encumbered shares for FY26 due to ongoing CIRP proceedings and lack of funds. This was disclosed as part of the broader set of regulatory updates filed with exchanges.

Stock performance numbers cited in the filing context

In the exchange-linked context provided, SKIL Infrastructure was stated to have lost 53.51% over the last one year. It was also stated to have lost 25.86% over the last six months. These figures were presented alongside CoC-related intimation updates.

Key facts table

Timeline of selected CIRP and CoC milestones

Why these disclosures matter

The disclosures show how SKIL Infrastructure is continuing statutory and regulatory reporting while operating under CIRP. The CoC’s appointment of a statutory auditor for FY26 is a governance step that typically supports ongoing financial reporting during insolvency. The meeting timelines and SEBI-compliance framing also reflect the company’s obligation to keep exchanges informed as creditor-led decisions progress.

Conclusion

SKIL Infrastructure’s latest exchange updates centre on CoC process continuity, including the appointment of M/s AMS & Co LLP as statutory auditors for FY26 and disclosures around CoC meetings held in July and August 2026. The filings also reiterate the scale of FY25 losses and the role of the RP committee in approvals during the suspended-board period. Further updates are likely as the CoC continues to review resolution steps and as the company makes additional CIRP-related disclosures to exchanges.