Skyline Ventures India Ltd

Skyline Ventures India Board Meeting Outcome

Skyline Ventures' 2nd Board Meeting noted pending IBC and NCLT proceedings. The Board approved seeking a 38th AGM extension to December 2026.

Skyline Ventures India Legal & Regulatory

Skyline Ventures India Ltd reported a delay in submitting Q2, Q3, and Q4 financial results. The delay stems from board disputes and MCA portal issues.

Skyline Ventures India Board Meeting Outcome

Skyline Ventures India Limited approved the Rs. 0.01 Crore acquisition of SPVO Two Point O Ventures. The Board also appointed new statutory auditors and reviewed pending results.

Value

₹0.01 Cr

Skyline Ventures India Management Change

M/s K S Rao & Associates resigned as Statutory Auditors due to pervasive scope limitations and governance breakdowns. This highlights serious internal control and transparency risks.

Skyline Ventures India Annual General Meeting

Skyline Ventures India Limited announced the results of its postal ballot, where shareholders approved nine resolutions with requisite majority. Approved items include the acquisition of 100% equity in Two Point O Ventures Tech Private Limited, increased borrowing powers, and the regularization of independent directors. The voting process concluded on April 28, 2026.

Skyline Ventures India Legal & Regulatory

Skyline Ventures India Limited filed an FIR against former directors Mr. Prashanth Mitta and Ms. Asha Mitta for alleged fraud involving siphoning of funds and falsification of records. The estimated financial impact is approximately ₹12.23 Crore. The company has also been pushed toward potential insolvency proceedings by connected entities following the rejection of financial statements by shareholders.

Value

₹12.23 Cr