Board Meeting8 May 2026, 09:41 pm
Unitech International CoC Meeting Outcome
AI Summary
The 9th Meeting of the Committee of Creditors (CoC) of Unitech International Limited was held on May 5, 2026, via video conferencing. The CoC considered and deliberated on the agenda items. Key agenda items including the appointment of professional firms for due diligence and vetting of resolution plans, removal of the existing auditor, and appointment of a statutory auditor were deferred for the next meeting. The meeting also involved opening and considering resolution plans received from prospective resolution applicants, with sufficient time slots provided to each applicant.
Key Highlights
- Unitech International's 9th CoC meeting was conducted on May 5, 2026.
- Appointment of professional firms for due diligence was deferred.
- Removal of existing auditor ADV and Associates was deferred.
- Appointment of a statutory auditor was deferred for the next meeting.
- Resolution plans from prospective applicants were opened and considered.
Price Impact
More from UNITINT