
Management Change22 Oct 2026, 12:50 pm
Unitech Ltd: CEO Ashok Kumar Yadav's Tenure Extended by 2 Years
AI Summary
The Board of Directors of Unitech Ltd, in a meeting held on October 22, 2026, approved the extension of Sh. Ashok Kumar Yadav's tenure as Chief Executive Officer (CEO) for a further period of two years. This extension is effective from February 11, 2027, to February 10, 2029, or until further board order. The decision was made based on the recommendation of the Nomination & Remuneration Committee. Sh. Yadav, a retired IAS officer, brings extensive experience in government administration and the corporate sector, including leadership roles in Public Sector Undertakings and expertise in non-profit organizations, real estate, public policy, and business process improvement.
Key Highlights
- CEO Ashok Kumar Yadav's tenure extended by two years.
- Extension is effective from February 11, 2027, to February 10, 2029.
- Board approval granted based on Nomination & Remuneration Committee recommendation.
- CEO possesses significant experience in administration and corporate sectors.
Price Impact
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