Regulatory27 Aug 2026, 02:57 pm
Unitech International CoC Meeting Deferred, CIRP Extension Approved
AI Summary
Unitech International Limited's Committee of Creditors (CoC) meeting, initially scheduled for August 7, 2026, has been deferred multiple times and rescheduled for August 11, 2026. During the deliberations, the CoC considered two agenda items. The first, ratifying CIRP expenses, was deferred. The second, seeking a 60-day extension for the Corporate Insolvency Resolution Process (CIRP) from the NCLT, was approved by the Committee of Creditors. This update is being provided in compliance with SEBI regulations.
Key Highlights
- Committee of Creditors meeting deferred to August 11, 2026.
- Resolution to ratify CIRP expenses deferred by the CoC.
- CoC approved filing for a 60-day CIRP extension with NCLT.
- Disclosure made as per SEBI Listing Obligations and Disclosure Requirements.
Price Impact
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