Corporate Action29 Oct 2026, 01:45 pm
Unitech International Ltd: CoC Approves CIRP Expenses and Process Document
AI Summary
Unitech International Limited's Committee of Creditors (CoC) held its 16th Deferred Meeting on September 21, 2026. The meeting, conducted via video conferencing, focused on two key agenda items. Firstly, the CoC considered and approved the Corporate Insolvency Resolution Process (CIRP) expenses incurred by the Resolution Professional (RP) as per Regulation 34 of the IBBI (CIRP) Regulations, 2016. Secondly, the CoC deliberated on and approved the process document and challenge mechanism. Both resolutions were put to vote and received approval from the Committee of Creditors. This disclosure is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Committee of Creditors meeting held on September 21, 2026.
- CIRP expenses incurred by RP were ratified and approved.
- Process document and challenge mechanism were approved.
- Both agenda items received approval from the CoC.
- Disclosure made as per SEBI LODR Regulations, 2015.
Price Impact
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