Unitech International Ltd. Approves Addendum to Form G for EOI, Aims to Maximize Value and Foster Healthy Competition

Unitech International Ltd. announced the approval of an Addendum to Form G for Expression of Interest (EOI) in its 6th Committee of Creditors (CoC) meeting. The move aims to address pending queries from prospective resolution applicants, ensure transparency, and foster healthy competition among Prospective Resolution Applicants (PRAs). The Addendum is expected to provide adequate clarification and sufficient opportunity for participation, thereby maximizing the value of the Corporate Debtor. The decision was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Insolvency and Bankruptcy Code, 2016.